Why did a group of Canadian companies release an International Code of Ethics in 1997?
A)to help lobby the federal government to create ethical legislation in Canada
B)to provide a general guideline for acceptable standards of conduct when doing business at home and in other countries
C)to encourage investment in Canadian companies by foreigners
D)to stop the white-collar fraud that was becoming uncontrollable in Canadian corporations

Question

Why did a group of Canadian companies release an International Code of Ethics in 1997?
A)to help lobby the federal government to create ethical legislation in Canada  
B)to provide a general guideline for acceptable standards of conduct when doing business at home and in other countries  
C)to encourage investment in Canadian companies by foreigners  
D)to stop the white-collar fraud that was becoming uncontrollable in Canadian corporations

Quizplus · Accepted Answer

The International Code of Ethics was released to provide a general guideline for acceptable standards of conduct when doing business not only in Canada but also in other countries. It aimed to promote ethical behavior in business dealings, regardless of the location or nationality of the company involved. The code was not specifically designed to address lobbying, investment, or fraud.

Why Did a Group of Canadian Companies Release an International