Whether the international firm should take on a single standard of ethical conduct or adapt to local circumstances. Introduction: A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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Chapter 4, Problem 4.8QA

Summary Introduction

To determine: Whether the international firm should take on a single standard of ethical conduct or adapt to local circumstances.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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