[solved] According to the school of ethical relativism,

concepts of right and wrong as applied to business situations are always a function of each company's own set of values, beliefs, and ethical convictions (as stated in the company's code of ethical conduct).

differing religious beliefs, historic traditions and customs, core values and beliefs, and behavioral norms across countries and cultures give rise to multiple sets of standards concerning what is ethically right or wrong.

what constitutes ethical business behavior and what constitutes unethical business behavior is governed by what is legal in a given country.

what constitutes ethical business behavior and what constitutes unethical business behavior is always relative to some ideal standard that is subject to different interpretation in different countries.

a "one-size-fits-all" template should always be used to determine the ethical appropriateness of business actions and the behaviors of company personnel.