How can companies avoid ethical problems while working in global markets?
A)By not moving into foreign markets.
B)Develop a defined and applied code of conduct, and reinforce ethical principles in training.
C)Following the laws of the country they are doing business is in.
D)None of the above.

Question

Quizplus · Accepted Answer

Companies can avoid ethical problems while working in global markets by developing a defined and applied code of conduct and reinforcing ethical principles in training. Following the laws of the country they are doing business in is important, but it is not enough on its own. Avoiding foreign markets altogether is not a practical solution for most companies. Therefore, having a strong ethical foundation in place is critical for businesses operating in a global context.

How Can Companies Avoid Ethical Problems While Working in Global