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Wiki User ∙ 8y ago Best Answer Copy It is very unlikely that there will be a single set of international rules anytime soon because the governments and people wouldn't allow it. Most countries want to have their own set of rules, so won't agree to international rules. Wiki User ∙ 8y ago This answer is: Study guides Add your answer:Earn +20 pts Q: Why is it unlikely that there will be a single set of international rules governing multinational companies soon? Write your answer... Submit Still have questions? Related questions People also asked What do you understand about ethics in international business how companies follow ethics in different countries?The goal of ethics in international business is to ensure the company gains a reputation for ethical and responsible business practices in its home country and overseas. The result is a more equitable, principled marketplace, strengthened by partnerships between businesses that share high ethical standards.
How do you rate the company's ethical standards compared to other companies?Results. The best way to measure the effectiveness of a company's ethical standards is to observe the results of employee actions. When the company is able to establish and maintain a loyal and satisfied customer base, management has a sure indicator that employees are treating customers ethically.
What is one of the most effective means of enforcing an ethics code?An important factor to the success of enforcing an ethics code is to select an ethics officer. The effective ethics officer will set a positive tone, communicate effectively, and relate well with employees at every level. It is important the ethics officers have strong communications skills.
Do you think that business ethics differ in every countries in what terms?Business ethics can differ in other countries and even between industries. Business practices that would be illegal, or at least frowned upon, at home are often allowed or at least tolerated elsewhere.
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Why is it unlikely that there will be a single set of international rules governing multinational companies soon?
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