Ethics Ethical relativism suggests that what is ethical in one culture may not be considered ethical in another. What should the attitude of businesses be when dif- ferences occur? Should businesses follow the ethical values and practices of their own country or those of the host country? What should governments do about this if anything? What is the role of the WTO?
Ethics Ethical relativism suggests that what is ethical in one culture may not be considered ethical in another. What should the attitude of businesses be when dif- ferences occur? Should businesses follow the ethical values and practices of their own country or those of the host country? What should governments do about this if anything? What is the role of the WTO?
Chapter5: Ethics, Corporate Responsibility, And Sustainability
Section5.7: Ethics Around The Globe
Problem 1CC: What ways can and do some MNEs demonstrate social responsibility in foreign countries?
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Transcribed Image Text:Ethics Ethical relativism suggests that what is ethical in
one culture may not be considered ethical in another.
What should the attitude of businesses be when dif-
ferences occur? Should businesses follow the ethical
values and practices of their own country or those of
the host country? What should governments do about
this if anything? What is the role of the WTO?
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