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Is it legitimate for an enterprise like Wal-Mart to demand that its suppliers adhere to a code ot ethics?
Yes, it is. A code of ethics means that they are not going to cheat people, overcharge, and create a supply/demand problem so they can charge more. If a supplier wants to do business with them they have the right to request them to have ethical standards within their business.
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How should the goods and services be produced in Mexico?
Most should adhere to international quality standards. Many do, especially products and services for export with qualifications such as ISO, Six-Sigma and CMMi. These include electronics, household items and motor vehicles. However, the vast majority don't adhere to these standards, resulting in goods and services with sub-par quality.
Why is integrity important in the business world?
Integrity helps to build trust in all business relationships, it boosts the reputation of a business and it eventually raises the bar of any business. Consumers and all partners have confidence that an organization will act responsibly, and adhere to all agreements.
How should you word your will?
There is no set wording for you to abide by when writing your will,although it has to adhere to the Wills Act 1837,which states that you must write your will down on paper and you must sign it in the presence of two witnesses.Your will must make your intentions absolutely clear otherwise its provisions will be void as uncertainty.
What is a political legal environment?
Political environment is where the government bodies intervene in situations where society does not adhere to the governmental Acts, so therefore politically there always have to be some form of governance.
Why do underdeveloped countries need imitative than innovative entrepreneurs?
Once we pay our attention to the given statement, in many cases in order to innovate new product or service it is subject to series of activities. Conducting Research & Development Exercises Testing of the Product Acquire expertise Knowledge Incurring Initial Capital Since developing countries have number of constraints over above factors, it is prudent to adhere to the Imitative entrepreneurship. How ever there might be a situation where we can create innovative product with out such cost involvements. Hence in such a situation, one can address the innovative entrepreneurship.
