Which of the following terms refers to the business conduct or morals of MNCs in their relationships to all individuals and entities with whom they come in contact when conducting business overseas?
A) global corporate culture
B) ethical relativism
C) moral universalism
D) international business ethics

Question

Quizplus · Accepted Answer

International business ethics refers to the moral principles and standards of conduct that govern the behavior of businesses and individuals operating in a global environment. This includes the conduct of MNCs in their relationships with all individuals and entities with whom they come in contact when conducting business overseas. Global corporate culture and ethical relativism are related concepts but do not specifically refer to MNCs' conduct in international business. Moral universalism is a belief that there are universal moral principles that apply to all individuals and cultures, but it is not specific to MNCs in international business.

Which of the Following Terms Refers to the Business Conduct