Discuss the below:
Students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each unit.
Some individuals who are engaged in international business transactions have reported a cultural component to ethics. You are working on opening a branch of a food distribution operation in a foreign country, and a local official suggests that a little cash would help your company get started.
Research international business and ethical standards, and answer the following questions:
In what ways can culture affect ethical standards and shape business behavior?
Is it ethical to take part in corrupt international business transactions? Legal? Explain.
List any sources used in APA format.
Discussion
In my opinion being part of the corrupt international business transactions will not be ethical because any top positions should conduct any business without any types of bribes. It is not legal to pay bribes to foreign officials according to the corrupt practices act. There are consequences with legal issues when individuals who do not follow the laws. When you look at all these past congressman and governors who took bribes just to get a seat this should be an example on how to follow the ethical standards. "From the consequential ethics perspective if every business manager or officer refrains from paying bribes it will root out the problem of corruption" (Shaw, 2010).
References:
Cassin, R. (2008) Bribery Abroad: Lessons from the Foreign Corrupt Practices Act
Shaw, W. (2010) Business Ethics: A Textbook with Cases: Edition 7th: Cengage Learning