The Ethical Standards Essay Discussion Paper
The school of ethical relativism holds that ( A. what constitutes ethical or unethical conduct should be determined by the religious convictions of each society or each culture within a country. B. when there are cross-country or cross-cultural differences in what is deemed ethical or unethical in business situations, it is appropriate for local moral standards to take precedence over what the ethical standards may be elsewhere. C. concepts of right and wrong are always governed by business norms in each country, culture, or society. D. concepts of right and wrong are always a function of each individual’s own set of values, beliefs, and ethical convictions. 14. Diversification into new industries deserves strong consideration when a ( ) A. single-business company can achieve profitable growth opportunities in its present industry. B. single-business company needs to develop a corporate-wide strategy. C. single-business company needs to develop a multi-line strategy. D. single-business company encounters diminishing market opportunities and stagnating sales in its principal business The Ethical Standards Essay Discussion Paper.
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13)
The correct option is When there are cross-country or cross-cultural differences in what is deemed fair or unfair, what constitutes proper regard for human rights and what is considered ethical or unethical in business situations.
- Explanation for step 1
it is appropriate for local moral standards to take precedence over what the ethical standards may be elsewhere as ethical relativism argues that morals are relative to the norms of a culture.
Final answer
Answer B is correct answer
The Ethical Standards Essay Discussion Paper