Will establishing a code of conduct for vendors in foreign nations be successful?
A)It is more likely to be successful if the company works through the foreign government's legislative body.
B)Not likely as there will always be ways around it.
C)Only if the company is firm in not doing any business if they violate the code.
D)It is a nice idea in practice, but so far no Canadian firms have been able to actually establish a comprehensive code.

Question

Quizplus · Accepted Answer

A code of conduct can only be successful if it is strictly enforced and adhered to. If a company is firm in not doing business with vendors who violate the code, it sends a strong message and encourages compliance. However, if the code is not enforced, vendors may find ways to work around it, rendering it ineffective. Working with the foreign government's legislative body can also strengthen the code's effectiveness, but ultimately, it is up to the company to take a firm stance on compliance. The fact that no Canadian firms have established a comprehensive code does not necessarily mean that it is impossible to do so.

Will Establishing a Code of Conduct for Vendors in Foreign