Health and safety | Business & Finance homework help
Additionally, aligning corporate practices with global standards can help ensure consistency across all operations which can make it easier for businesses to manage compliance and identify any potential risks early on. Moreover, by having high ethical values in place it can provide employees and stakeholders with confidence in knowing that their interests are being taken into consideration.
Ultimately, due to the various benefits associated with both approaches, companies must weigh all options carefully before deciding which strategy best fits their individual needs. While there is no single answer as each organization has different considerations they must take into account when determining how they should operate globally.