A general standard of business practice that can be applied equally to all countries over and above their local customs and social norms is called a _____.
A)contextual code of relativism
B)universal code of utilitarianism
C)global code of conduct
D)conceptual code of ethics

Question

Quizplus · Accepted Answer

A global code of conduct is a set of standards and principles that apply to all businesses, regardless of their location or cultural context. This provides a consistent framework for ethical behavior and helps to ensure that companies operate in a responsible and sustainable manner. Contextual code of relativism suggests that ethical standards vary according to local customs and social norms, which means that there is no universal set of ethical principles. Universal code of utilitarianism suggests that actions are ethical if they produce the greatest good for the greatest number of people, which might be difficult to apply in practice. Conceptual code of ethics refers to a set of ethical principles and values that guide the behavior of an individual or organization, but it is not necessarily universal or global in scope.

A General Standard of Business Practice That Can Be Applied