Establishing a code of conduct for vendors in foreign nations:
A) helps American firms to ensure that the pricing of their products is fair across the globe.
B) requires American firms to deal with a wide range of issues involving human rights, wages, worker safety, and environmental protection.
C) is more likely to be successful if the company works through the foreign government's legislative body.
D) is something that no American firm has been able to put into practice so far.

Question

Quizplus · Accepted Answer

Establishing a code of conduct for vendors in foreign nations requires American firms to deal with a wide range of issues involving human rights, wages, worker safety, and environmental protection. It is crucial for American firms to ensure that their vendors in foreign nations are not exploiting their workers or damaging the environment, and that they follow ethical business practices. Working with the foreign government, international organizations, and civil society can help in establishing and enforcing these codes of conduct. Pricing fairness is not the primary concern in this context, and it is not accurate to say that no American firm has been able to put this into practice, as many companies have established vendor codes of conduct.

Establishing a Code of Conduct for Vendors in Foreign Nations