In facing ethical choices in home versus host country situations, the concept of "cultural relativism" was discussed. This position was characterized by foreign direct investors such as MNCs:
A) continuing to follow its home country's ethical standards even while operating in another country.
B) following the host country's ethical standards.
C) operating in the broad middle ground where a mix of home and host country standards may be used.
D) adhering to international standards such as those established by groups such as the United Nations.

Question

Quizplus · Accepted Answer

Cultural relativism in the context of international business ethics refers to the practice of following the host country's ethical standards rather than imposing the home country's standards.

In Facing Ethical Choices in Home Versus Host Country Situations