To make sure ethical issues are considered in international business decisions, what should the managers do?
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To make sure ethical issues are considered in international business decisions, what should the managers do?
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- The ethical landscape of international business is cloudy, and the diverse nature of cultural, political, and legal systems around the world often makes the line between ethical and unethical business practices difficult to negotiate. In this section you will learn about some of the ethical challenges and issues that businesses face in global markets.Protectionism, in its many forms, raises an interesting global ethical question. Is protectionism, no matter how applied, an ethical practice?•How does culture impact global business ethics? •How can global firms develop and enforce ethical guidelines and standards?
- How can global firms develop and enforce ethical guidelines and standards?What practices pose ethical challenges to a corporation? What specific challenges may a company face when working in an emergent country?How can you describe the strengths and weaknesses of the international ethical standards?
- What are the challenges of INTERNATIONAL BUSINESS IN TERMS OF: 1. Economic Environment 2. Political Environment 3. Cultural Environment 4. Competitive EnvironmentAssess the contention that people in the third world should learn from the errors of the West and seek development without pollution. Should there be uniform, global environmental standards, or should pollution-control standards be lower less-developed countries?How can differences in two countries' cultures create ethical issues in business? What can companies do to alleviate those issues?