According to the concept of cultural relativism, a firm, while operating in any host country, should adopt the ethics of the culture that is predominant in its home country

Indicate whether the statement is true or false.

FALSE
Cultural relativism believes that ethics are nothing more than the reflection of a culture—all ethics are culturally determined—and that accordingly, a firm should adopt the ethics of the culture in which it is operating.

Business

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Indicate whether the statement is true or false

Business

If Hickory Divine were to open its own chain of furniture stores, this would be an example of

A) complementors. B) backward vertical integration. C) consolidation. D) forward vertical integration.

Business