Code Of Conduct
The Business and Industry Advisory Committee to the OECD Code of Conduct (Links to an external site.) (2015) provides an example of guidelines for multinational enterprises (MNE's).
Discuss this Code of Conduct for OECD and include in your discussion how a company can follow the code and remain profitable.
Sample Solution
The Code of Conduct (2017) spells out in simple and concrete terms the standards of professional ethics applying to OECD staff members, as provided for in the Staff Regulations and Rules. These standards are to be regarded as the professional values and culture the organization wants to promote and uphold. Business ethics reflect the strength of a market economy. They are an important indicator of its general health. In a world where some corporations rival the power of states, where excess of a handful of banks can paralise the world economy, it is fundamental to have a solid, transparent and updated set of rules that guarantee that business activities can produce their best fruits, avoiding the excesses of market capitalism.
re 2, 2018). According to Martha Crenshaw—a professor of political science at Stanford University—terrorism is a logical choice and terrorist groups make calculated decisions prior to, and even while, engaging in terrorist acts (Roser et al., 2018). James Forest—a professor at the University of Massachusetts Lowell—also supports the notion that individual choice is a key part of a terrorist’s development. An arguable contributor to this choice is the social interaction with individuals who have radical ideas as this often provides the first introduction to terrorism (Daddio, Lecture 2, 2018). Osama bin Laden is a prime example of this, as his original introduction to the Muslim Brotherhood was the result of his interaction with his school teachers. Soon, Osama bin Laden began to emulate the behavior of his teachers, justifying the decision and rationale to engage in terrorism (Daddio, Lecture 2, 2018). Beyond the effects of the individual’s choice, psychological and sociological theories may offer comprehension for the reasons one becomes motivated to engage in terrorism.