Explain about the business ethics within global community

Question

Explain about the business ethics within the global community.

Answer 1

Business ethics within the global community is as follows:

1. Notions of wrong and right, unfair and fair, immoral and moral, unethical and ethical are present in all organizations, societies, and individuals. Some ideas of what is wrong and what is right are general and transcend most all cultures. There are significant instances in which what is deemed unfair or fair, what constitutes proper about for human rights and what is considered unethical or ethical in business circumstances varies from one country or society to another. Hence, there are instances when it is relative whether convinced actions or behaviors are wrong or right.

2. When Cultures Clash on Ethical principles: Some Examples, gives examples of business circumstances in which cultures and local civilization have clashed on ethical standards.