Will establishing a code of conduct for vendors in foreign nations be successful?
A) Most probably not, because Canadian organizations do not care about how foreign vendors produce products; they only care about getting products at low costs.
B) Most probably, as long as the code of conduct is posted at every location.
C) Most probably, but only if the company performs social audits and takes action when needed.
D) Most probably not, because while it is a nice idea in practice, so far no Canadian firms have been able to actually establish a comprehensive code.

Question

Quizplus · Accepted Answer

A code of conduct for vendors in foreign nations can be successful if the company performs social audits and takes action when needed. It is not enough to just establish a code; the company must also enforce it through regular monitoring and evaluation. simply posting the code of conduct is not enough. Choice A is incorrect because it assumes that Canadian organizations do not care about ethical business practices, which is not necessarily true. Choice B is incorrect because posting the code of conduct without any follow-up action is not effective. Choice D is incorrect because there are examples of Canadian firms that have successfully established comprehensive codes of conduct.

Will Establishing a Code of Conduct for Vendors in Foreign