EHRD 210 Lecture Notes - Lecture 10: Standard Operating Procedure, Moral Relativism, Developed Country
Document Summary
Reasons why mncs ignore ethical standards less restrictive than those in their own country. Ethical relativism: they operate in full compliance with local laws and regulations, which are far. Challenges in developing a global code of ethics. In pursuit of profit and continued expansion, mncs have been found guilty of : bribery, pollution, false advertising, questionable product quality, abuse of human rights in the utilization of sweatshop production facilities. Un global compact - human rights: businesses should human rights, support and respect the protection of internationally proclaimed, make sure they are not complicit in human rights abuses. Un global compact - environment: businesses should , support a precautionary approach to environmental challenges, undertake initiatives to promote greater environmental responsibility, encourage the development and diffusion of environmentally friendly technologies. Un global compact - anticorruption: businesses should work against all forms of corruption, including extortion and bribery.