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aIR About It 2 List five products that you consumed (breakfast, chewing gum, etc

ID: 325708 • Letter: A

Question

aIR About It 2 List five products that you consumed (breakfast, chewing gum, etc.) or used (Wi-Fi Internet service, phone app, etc.) within the past 24 hours 11-3. What strategy does the company behind each good or service employ: low-cost, 11-4. For each company, explain what information helped you arrive at your answer differentiation, or focus? al Challenge You are the CEO of a multinational corporation that operates in more than 100 nations world- wide. Recent changes in the global economy are redrawing many geographical and political borders. The growing interdependence of socially, politically, economically, and legally diverse countries is causing firms to revise operating policies and strategies. You are person- ally involved in developing a code of ethics for your firm that reflects today's legal and moral atmosphere. You want your firm's code to be effective across all markets in which it operates. 11-5. Given the complexity of the issues involved, what sort of ethical code is appropriate for a firm involved in very dissimilar nations? 11-6. Do you think it is possible to create a uniform code of ethics that is applicable to any business operating in any culture? Explain.

Explanation / Answer

Answer 11.6 :

Yes, we think that it is possible to create a uniform code of ethics that is applicable to any business operating under any culture. We think this bacause of the following reasons in support of this as below