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Question

Ethics has become the buzzword in the corporate world because of __________.

A
globalization
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B
communication explosion
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C
exploitation
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D
both (A) and (B)
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Solution

The correct option is B both (A) and (B)
  • Globalization – coupled with focus on cross-border trade, multinational enterprises and global supply chains — is increasingly raising CSR concerns related to human resource management practices, environmental protection, and health and safety, among other things.
  • Advances in communications technology, such as the Internet, cellular phones and personal digital assistants, are making it easier to track corporate activities and disseminate information about them. Non-governmental organizations now regularly draw attention through their websites to business practices they view as problematic.

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