Which of the following is true of the UN Global Compact?
A) It encourages actions that cause the greatest good for the greatest number of people.
B) It ignores the exploitation of less-developed countries by multinational corporations.
C) It comprises laws that are legally enforced by the United Nations.
D) It serves as a guideline for transparency and public accountability.

Question

Quizplus · Accepted Answer

The UN Global Compact serves as a guideline for companies to follow in order to promote transparency and public accountability. It encourages companies to act in a socially responsible manner and uphold human rights, labor standards, and environmental protections. It does not comprise laws that are legally enforced by the United Nations, nor does it ignore the exploitation of less-developed countries by multinational corporations. Option A is also incorrect as the UN Global Compact seeks to balance the interests of various stakeholders, rather than simply prioritizing the majority.

Which of the Following Is True of the UN Global