IHRM in Action Case Degussa's global code

  respond to the following: Consider IHRM in Action Case 9.3: Degussa's global code of conduct from this week's reading. What do you think makes codes of conduct successful in managing industrial relations in MNEs? How could Degussa improve its global code of conduct? Be sure to respond to at least one of your classmates' posts. Classmate post-Global conduct is a set of rules/standards for business needs. It's designed to encourage ethical conduct among a group of workers. Degussa has ensure their rules are respected. Improvements can take place by promoting awareness to make sure employees understand and follow them. Set good examples that starts from leadership. respond to the following: Which of the following do you feel is the best approach when dealing with foreign bribery? Why? Ethical Relativism: There are no universal or international rights and wrongs; it all depends on a particular culture's values and beliefs. Ethical Absolutism: You follow your own cultural values no matter where you are. Ethical Universalism: There are fundamental principles of right and wrong that transcend cultural boundaries, and MNEs must adhere to these values.