Which of the following is the first step of making an ethical decision?

(A) consulting the superiors if clarification is sought

(B) consulting the International Codes of Conduct for MNEs

(C) consulting the laws of both the host and the home countries

(D) consulting the company's code of ethics and established norms

The correct answer is letter "D": consulting the company's code of ethics and established norms.

Explanation:

The Code of Ethics represents the values and norms an institution has. When engaging operations worldwide, a company must take into consideration that in front of ethical issues there will be a Code of Ethics for the entity itself and others for the companies they are involved with in different countries. The best practices of all of them should be considered at the moment of solving the issue aiming to provide the best solution for all the parties involved.

(C) consulting the laws of both the host and the home countries

Explanation:

Taking an ethical decision is to evaluate and choose an alternative that is consistent with ethical principles considering the consequences. In this case consulting the laws of both the host and the home countries is the correct option because it involves c ommitment, consciousness and competency.

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