Which of the following best describes ethical behavior in global markets?

Ethical behavior in global markets is best described by the commitment to guarantee that suppliers do not violate human rights and environmental standards. This choice captures the essence of corporate social responsibility in a global context, where businesses are increasingly held accountable for their supply chain practices. Companies operating internationally must consider the ethical implications of their sourcing decisions, ensuring that they foster fair labor practices and protect the environment.

This understanding reflects today’s growing awareness and demand from consumers, governments, and organizations for sustainable and ethical practices worldwide. It goes beyond merely making a profit and aims to create a positive impact on communities and the environment by advocating for human rights and responsible environmental stewardship in all aspects of business operations, especially in industries that have historically faced scrutiny for unethical practices.

While other options touch on aspects of business operations, they do not encapsulate the core of ethical behavior in global markets as effectively as ensuring that suppliers adhere to accepted ethical standards. For instance, prioritizing profit regardless of social impact disregards the necessary balance between business success and corporate responsibility. Strict advertising regulations may enhance transparency but do not inherently define ethical behavior across all business practices. Similarly, concentrating solely on local suppliers may not ensure that ethical standards are met and can limit the ability to engage in fair trade practices that benefit global