Do you think that moving decision makers to higher levels of moral development will improve ethical behaviour? Justify your answer with the help of suitable instances.
In brief provide answer:
• Illustrate out the term Business ethics.
• Illustrate out the term caveat emptor.
• Illustrate out the term corporate governance.
• Illustrate out the term whistle blowing?
• Illustrate out the term globalization.
• Illustrate out the term fiduciary responsibility.
Discuss and illustrate out the factors which contribute to the global competitiveness of firms.
Illustrate out briefly norms and rules which could eliminate abusive behaviour of multinational and transnational corporations in the global society.