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?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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![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?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1c0ab63-c383-487f-a083-0c2287db0fca%2F7e14a63c-1a26-4d8e-8ab4-9fc1980cb864%2Fybqlond_processed.png&w=3840&q=75)
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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