Causing firms to revise operating policies and strategies

Assignment Help Business Economics
Reference no: EM131005507

You are the CEO of a multinational corporation that operates in more than 100 nations worldwide. Recent changes in the global economy, such as the expansion of the European Union, 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 personally 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. Given the complexity of the issues involved, what sort of policy do you think is appropriate for a firm involved in dissimilar nations? Do you think that it is possible to create a uniform code of ethics that is applicable to any business operating in any culture? What issues should such a code address?

Reference no: EM131005507

Questions Cloud

Performance prior to the final exam in calculus : Christine has always been weak in mathematics. Based on her performance prior to the final exam in Calculus, there is a 57% chance that she will fail the course if she does not have a tutor. With a tutor, her probability of failing decreases to 27%. ..
Calculate the velocity of the flow in the test section : At standard sea-level conditions, if the flow velocity at some region of the flow field exceeds about 250 mi/h, compressibility begins to have an effect in that region. Calculate the velocity of the flow in the test section of the wind tunnel abov..
Interpret the findings of other researchers : One of the more important jobs for a researcher is be able to read and interpret the findings of other researchers. Sometimes research designs are simple and easy to understand, but other times they are quite complex.
What percent of the students at this university are foreign : Records show that 12% of all college students are foreign students who also smoke. It is also known that 60% of all foreign college students smoke. What percent of the students at this university are foreign?
Causing firms to revise operating policies and strategies : You are the CEO of a multinational corporation that operates in more than 100 nations worldwide. Recent changes in the global economy, such as the expansion of the European Union, are redrawing many geographical and political borders. The growing int..
Labor income be represented : Mary has two sources of income, let her non - labor income be represented by V dollars per year. He r labor income comes from working h hours per year in the labor market at wage rate of w per hour. Assume that her utility is a function of composite ..
Calculate the maximum vacuum obtainable in the reservoir : The venturi has a throat-to-inlet area ratio of 0.85. Calculate the maximum vacuum obtainable in the reservoir when the venturi is placed in an airstream of 90 m/s at standard sea level conditions.
List all points at which trajectory has a horizontal tangent : List all points (x, y) at which the trajectory has a horizontal tangent line. List all points separated by commas. List all points (x, y) at which the trajectory has a vertical tangent line. List all points separated by commas.
Longman atlas of world issues : Apply the information that you learned from the map, Longman Atlas of World Issues, which details the states where terrorist groups are located, where they operate, and where suicide bombs are prevalent.

Reviews

Write a Review

Business Economics Questions & Answers

  Replenishment would be optimal

An on-line retailer sells 12,000 pairs of shoes each month. A pair of shoes costs $50 on average, and the retailer incurs an annual inventory carrying rate of 52 percent. For what value of fixed cost per order would an order size of 8,000 units per r..

  What is the firms profit-maximizing output

A perfectly competitive firm has the cost curves drawn in the following diagram. If the firm's output sells for $16 per unit, what is the firm's profit-maximizing output? Why?

  Find the inverse supply curve

The supply curve for product X is given by QXS = -420 + 10PX . a. Find the inverse supply curve. P = + Q b. How much surplus do producers receive when Qx = 420? When Qx = 960? When QX = 420: $ When QX = 960: $

  There are one large and two small car dealerships in a town

There are one large and two small car dealerships in a town. The large dealer begins selling cars way below cost in an attempt to drive the small dealerships out of business. Once they are out of business, the large dealership knows it can raise pric..

  Fiscal policies-economy to both internal-external balances

Using the II-XX framework below, show using a figure that fiscal policies by themselves cannot bring the economy to both internal and external balances. Do start with an economy at Point 2 (you will have to address devaluation). A close to complete a..

  Production function is constant-returns-to-scale

Suppose that this year the working population is 20 million workers and the number of workers grows by 8% per year. If the current level of capital in the economy is equal to 140 million, the production function is constant-returns-to-scale, and ther..

  Savings and investment so important for economic growth

Why are savings and investment so important for economic growth? How do savings and investment affect present and future consumption? Explain. How does the Production Possibly Curve behavior when the economy is growing and when the economy is sinking..

  What could be a better way to reinforce one credentials

who are well-known to be boring, stuffy types; what could be a better way to reinforce one's credentials as a radical, innovative thinker than to skewer their most beloved doctrine.

  Incumbent monopoly in a market

Suppose that the supply curve of healthcare services is perfectly inelastic. Analyze the impact of an increase in consumer.

  Level of output and the inflation rate

Think about all the economic data that are reported in the news every day. The information from all of them may be relevant, but does a policymaker really need to know any more about the state of the economy than the level of output and the inflation..

  Average variable costs are constant at all output levels

UPS offers overnight package deliver to canadian business customers .UPS has recently decided to expand its facilities to better satisfy current and projected demand. current volume total 2 million packages per week at price of $ 12 each ,and average..

  Is the natural rate of unemployment fixed

Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd