Moral Universalism,Ethnocentric Approach, Ethical Relativism
How do MNCs deal with confusion about cross-cultural dilemmas? What are moral universalism, the ethnocentric approach, and ethical relativism? Give an example of how each standard functions.
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Multinational companies deal with confusion about cross-cultural dilemmas in several ways. Some organizations develop codes of conduct that specify their corporate stance on issues such as human rights. Multinational companies also are obligated to conform to the law. In some cases, MNC can decide whether to base their ethics on the host or home country but in other situations laws have been created to cover issues in a regulated manner. An example of such a law is the United State's anti-foreign ...
Solution Summary
This solution addresses how MNCs deal with confusion about cross-cultural dilemmas. It explains moral universalism, the ethnocentric approach and ethical relativism. It gives an example of how each standard functions.Includes APA formatted references.