Ethical relativism equates to multiple sets of ethical standards. True or false? Explain your answer.

Question

Quizplus · Accepted Answer

ethical relativism does equate to multiple sets of ethical standards. In fact it holds that a "one-size-fits-all" template for judging the ethical appropriateness of business actions and the behaviors of company personnel is totally inappropriate. It advocates multiple sets of ethical standards because it believes that whether certain actions or behaviors are ethically right or wrong depends on the ethical norms of the country or culture in which they take place. Multiple sets of ethical standards are inevitable when it is considered appropriate for local ethical standards to take precedence over what the ethical standards may be in a company's home market.

Ethical Relativism Equates to Multiple Sets of Ethical Standards