When should you use ethical relativism, and when should you use ethical universalism? What are problems of each? As a multinational manager, what should you do to eliminate or reduce the problems?Your response should be at least 200 words in length.The gradual demise of communism has become obvious within the past two decades. Write a brief summary of the implications of transitions to capitalism that formerly communist countries may be experiencing. What kinds of socio-economic challenges do you think multinationals face in those countries?Your response should be at least 200 words in length.Describe the basic principles of ethical philosophy as they relate to business ethics. Your response should be at least 200 words in length.Discuss how the social institutions and their basic forms could help you as the Vice President of International Operations in a Fortune 500 company to choose which target country in which to establish your subsidiary Your response should be at least 200 words in length.