Using Principles Set Forth Global Business Standards Codex Find Example Company Follow One Q34326212

Using the principles set forth in the Global Business StandardsCodex, find an example of a company that does or did not follow oneof the principles. Discuss the implications of the company’sactions.

Expert Answer

Ans. The eight ethical principles in the global businessstandards codex are the following:

1. Fiduciary

2. Property

3. Reliability

4. Transparency

5. Dignity

6. Fairness

7. Citizenship

8. Responsiveness

Example of a company that does follow one of these principles isThe New Corporation, also referred to as News Corp. The News Corpholds trust and commitment as one in the same and States that “Thecompany is committed to our employees and stakeholders” I believethat is the company follows