Which of the following statements best describes how global ethics should be practised?
A) A multinational corporation should involve stakeholders in the host country in decision making.
B) Canadian businesses must adhere to the ethics of the host country.
C) A multinational corporation should make only short-term commitments to the host country.
D) The global standards of the company should override local practices and customs.

Question

Quizplus · Accepted Answer

Practicing global ethics requires taking into account the norms, values, and expectations of the host country. This means involving local stakeholders in decision-making processes to ensure that their perspectives are taken into account. A multinational corporation that operates in a country needs to understand and respect the norms and values of that society. Therefore, choice A is the best option. Choices B, C, and D do not align with ethical principles and may lead to negative consequences for the multinational corporation and the local community.

Which of the Following Statements Best Describes How Global Ethics