Which of the following principles is included in the United Nations (UN) Global Compact?
Correct Answer: B
The United Nations (UN) Global Compact includes ten principles in the areas of human rights, labor, environment, and anti-corruption. The anti-corruption principle calls for businesses to work against corruption in all its forms, including extortion and bribery. This principle is crucial for promoting transparency and ethical business practices globally.
* Trading blocs (A) are not part of the UN Global Compact principles.
* Risk management (C) is important but not specifically a principle of the UN Global Compact.
* Accounting standards (D) are related to financial reporting but not directly part of the UN Global Compact principles.
References
* United Nations Global Compact. (n.d.). The Ten Principles of the UN Global Compact. UN Global Compact.