how are companies adapting their ethical systems to a global framework?

Expert Solution

The companies are adapting their ethical systems to a global framework as explained below:

The standardization of the business increases in the market through high influence on the culture of the company, as where only ethics can promote the company to sustain in the market for longer, so that the company would adapt to the culture first.
Develops on positive and healthy work culture, as where the employees would adapt to the ethical values and norms as to create on ethical work environment, so that teh company provide flexibilty for the employees to adapt on work environment.
Ethics increases on the productivity through the customer image in the market, so that the company will understand on the needs of the customer on through adapting towards the society.
Ethics is important to retain on the top talents of the organization, so that the business could further develop in the market. So that the company needs to adapt on providing benefits to the employees on to retain them.
Reduce on financial risks in the organization through increased productivity, so that the company will adapt towards the financial situation and manage on the risk to improve the business of the organization.

keosha answered 8 months ago

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