Asked by
Kimberly Hernandez
on Dec 18, 2024
Verified
In Ligedia, a country in East Asia, factory workers are exposed to dangerous work conditions. Although such a practice is unethical, it is not considered illegal. Maple Inc., a Canadian mining company, is planning to start its operations in Ligedia. Which of the following actions should Maple Inc. take to proactively deal with the ethical situation?
A) It should focus more on staying within the legal limits.
B) It should build capabilities that would enable it to quickly respond to the ethical situation.
C) It should establish strong guidelines to direct global actions toward employees, communities, and customers.
D) It should engage in actions that attempt to minimize the damage to the firm.
Ethical Situation
A scenario involving moral principles or practices where decisions about right and wrong are addressed.
Legal Limits
Statutory boundaries defined by law, beyond which actions or decisions are deemed illegal or out of legal jurisdiction.
International Business
Commercial transactions that take place across national borders, encompassing exports, imports, foreign investments, and other international economic activities.
- Discern ethical methodologies and strategies within a business context.
Verified Answer
MA
Learning Objectives
- Discern ethical methodologies and strategies within a business context.