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Business Ethics Challenges In A Global Economy

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Business Ethics Challenges In A Global Economy
Business Ethics Challenges in a Global Economy
Nowadays, economy has entered a globalization era, it means that the economic globalization is increasing in competition between many countries, in particular, it will facing more serious business moral challenges. In practice, the competitive of the process of economic globalization is the competitive of business moral quality, thus it can be seen that business ethics are closely related with the global economy.

1. The importance of business ethics in the economy
Market economy is compact economy, perform the contract is market economy requirements. First of all, honesty is the most important in a market economy, it is the basic requirement of the market economy. If business is lose credit, the chain of transactions will be disconnected, market economy will cannot run, it will make whole community pay a huge price. So, market economy should strict observance of good faith together, it will greatly enhance economy efficiency. Secondly, time keeping. Market economy is efficient economy, it is very stringent at time, as the saying goes, time is money. Those lack of behavior and awareness and waste of time will affect the healthy development of the market economy. So, enter economic globalization era, some business ethics like honesty and time keeping will be challenges to business.

2. Development of principles
Today, people pay attention to business ethic is nothing new, the principles in the business or government has not accurate wide. A closer relation of ethical principles to commercial activity came with the reformation, particularly in the religious concepts promoted prominently by John Calvin, these efforts have come to be known as The protestant ethic. So, in the business ethic principles which is no exact legal provisions, rich culture is the patterned way of thinking, feeling and reacting that is widely shared by a group or segment of a society. It is a strong base in the development of values, attitudes,



References: 1. http://www.gmw.cn/sixiang/2014-06/10/content_11564413_3.htm 2. http://www.globrand.com/2014/580229.shtml 3. http://www.paperlw.com/shehuixuelunwen/lunlidaodelunwen/60010.html 4. http://wenwen.sogou.com/z/q163807308.htm 5. http://epaper.southcn.com/nfdaily/html/2010-05/14/content_6844059.htm 6. http://zhidao.baidu.com/link?url=Z0MwAdhjjTqNF6frHaRSRBrHbH5O1Co6lHNxJDqQGILHP5yDKymByP6T_onlceAFqk_wMpg1xcFw1VocaKhNttrHu65cgWIuUNmrrnsrLgK

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