Asked by Nayeli Montano on Feb 18, 2024
Verified
In recent years,which of the following has driven the development of corporate ethics codes?
A) increased globalization
B) decline of mainstream media
C) changes in issues management
D) increased IMC campaigns
- Increased globalization
- Decline of mainstream media
- Changes in issues management
Verified Answer
MJ
Micheal JacksonFeb 18, 2024
Final Answer :
A
Explanation :
Increased globalization has increased the visibility and accountability of corporations, making corporate ethics codes a critical tool for managing reputational risks and protecting brand reputation. Ethical considerations are becoming increasingly important as companies must navigate complex cultural differences, compliance with local/regional laws and regulations, and respond to stakeholder demands for transparency and accountability. Therefore, increased globalization has driven the development of corporate ethics codes.
Learning Objectives
- Increased globalization
- Decline of mainstream media
- Changes in issues management
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