Ethics in International Business
Ethics in International Business
Abstract
International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into conflict as a result of the different cultural practices in the nation. Since, there is this dilemma that has progressively troubled the large multinational corporations, international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics discussions on the question of how to act in the home country as opposed to the host country is at the central point of most international corporations. The argument in question is how companies should practice their business according to the host country socially accepted morals that would show respect both to the citizens and the culture of the hosting country in which the business is conducting affairs.
Ethics in International Business
International business ethics has many discussions going on how companies should practice their business morels in their home country versus the host country that they also have headquarters. Another argument that has arisen is what a business employee should do when socially accepted norms are morally objectionable to the cultural values of the corporations’ home. The possibility of ensuring the agreement between behavior and ethical values has been a great importance for a long time in the business world. The request in this process was to show change of ethical values depending on various standards and organize an ethical system that is conducive to development within a society and businesses in different countries.
Employing ethical standards and values in many organizations around the world, would facilitate the development of the business system and industries and prompt the development to inspire confidence on consumers leading to greater production on products. Therefore, the objective in this study is to
Abstract
International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into conflict as a result of the different cultural practices in the nation. Since, there is this dilemma that has progressively troubled the large multinational corporations, international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics discussions on the question of how to act in the home country as opposed to the host country is at the central point of most international corporations. The argument in question is how companies should practice their business according to the host country socially accepted morals that would show respect both to the citizens and the culture of the hosting country in which the business is conducting affairs.
Ethics in International Business
International business ethics has many discussions going on how companies should practice their business morels in their home country versus the host country that they also have headquarters. Another argument that has arisen is what a business employee should do when socially accepted norms are morally objectionable to the cultural values of the corporations’ home. The possibility of ensuring the agreement between behavior and ethical values has been a great importance for a long time in the business world. The request in this process was to show change of ethical values depending on various standards and organize an ethical system that is conducive to development within a society and businesses in different countries.
Employing ethical standards and values in many organizations around the world, would facilitate the development of the business system and industries and prompt the development to inspire confidence on consumers leading to greater production on products. Therefore, the objective in this study is to
References: Mahoney, J. F. (2012, March). Aspects of International Business Ethics. Advances in Management, 5(3), 11-16 McKinney, J. A., & Moore, C. W. (2008). International Bribery: Does a Written Code of Ethics Make a Difference in Perceptions of Business Professionals Perceptions. (2011, August). Journal of Economics and Behavioral Studies, 3(2), 76-82.