What is the efficacy of SCT in describing issues related to business ethics?

After reviewing the tutorial and/or podcast in the background section, discuss social contract theory and apply social contract theory to a business situation you are familiar with.  To what extent does SCT help to explain differences in ethics and ethical perspectives in a culturally diverse setting?

What is the efficacy of SCT in describing issues related to business ethics?

Don’t forget to reply to another student with a thoughtful and substantial posting.