Jung is preparing a report to his supervisor regarding their firm's compliance with the International Code of Ethics for Canadian Business.He highlights in his report that a supplier has been paying bribes to move product faster and that senior management in Jung's company had not responded to this.Jung's company is not in compliance with which principle of the Code?

Question

Quizplus · Accepted Answer

The principle of Business Conduct in the International Code of Ethics for Canadian Business requires companies to conduct their business in an ethical and transparent manner, without engaging in bribery, corruption, or other improper business practices. By highlighting the fact that a supplier has been paying bribes, and senior management in Jung's company has not responded to this, it implies that the company is not following this principle and is therefore not in compliance with the Code.

Jung Is Preparing a Report to His Supervisor Regarding Their