The economic power of large multinational firms allows them to ignore the ethical standards of a society without consequences.

Question

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Large multinational firms may have economic power, but they are still bound by legal and ethical standards in the societies where they operate. Violating these standards can result in legal and financial consequences, as well as damage to their reputation and brand image. Many consumers also make purchasing decisions based on a company's ethical practices. Therefore, ignoring ethical standards can have significant consequences for multinational firms.

The Economic Power of Large Multinational Firms Allows Them to Ignore