Which of the following statements is true about ethical standards and culture around the world?
A) Corporate gift-giving customs are same around the world.
B) Standards of business ethics are identical around the world.
C) In the United States, government officials are allowed to accept expensive gifts from businesses.
D) American managers operating abroad must ignore the standards set in the United States and abide by the local standards.
E) Business managers working in foreign countries must set guidelines for their companies on how to operate both within their own culture and in other cultures.
Correct Answer:
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