Download file to see previous pages...
There is need for individuals to develop intercultural cooperation skills that will enable them to cooperate with other people of different culture for is vital for survival.
Business ethics refer to standards of moral behavior that relate to corporate as well as entrepreneurial situations while business culture refers to values, norms morals that are practiced by a group of people and they reflect their way of living or the way they do business. The two lead to expected behavior of people in an organization or as they do business. Since ethics suggest standard, it implies that they entail a legal aspect and violation of ethics can lead to legal ramification while violation of the business culture may not result to something so drastic. To individuals wanting to operate a business between different regions or countries there is need to compare the culture in your home country with that of the host country.
In order to start an international business, individuals need to ask themselves some essential open ended questions and make a thorough research on the particular business and the countries to be involved. This is simply because it will require that the person functions in a foreign language. At first, it is quite in order to have a look at guides having articles on how to do business world wide and make deals on how to operate the business. This may require negotiating on the tactics to use, determining the value of connections required, use of business card and content, how to present oneself in meetings, language to use in promoting the business, adherence to company policy governing the type of business and get to know more of the business culture information. Secondly is to important to consider a prosperous entertainment which entails determining typical mealtimes for the day, best venues the business entertainment is to take place, acceptance or declination of invitations, guidelines of hosting a social event and get to know more on business
...Download file to see next pagesRead More
This work focuses on some of the important ethics to be observed in the media sector. Media ethics is divided according to the various subdivisions of the media sector (Kieran, 2005). Each nation has specific laws and policies to guide any reporter, journalists and editors among other media personalities when passing any information to the public.
In Canada, 85% of the larger corporations have codes of ethics with only 57% of United Kingdom corporations, 51% of German corporations, and 30% of French corporations having formalized codes of ethics (Schwartz 27). The purpose of defining the ethics of a corporation is to allow for a corporation to make a statement about what they consider to be acceptable and not acceptable within the framework of public opinion.
Trends in global markets change fast irrespective of free international trade or policy of protectionism. When ethical standards fall, corporate scandals rise, and this is true of international business. The business schools, of late, have begun to realize the importance of including ethics in their syllabus.
In the contemporary business society, globalization has taken center stage with firms expanding their business operations to various parts of the world. In effect, a firm that effectively manages its operations in a manner that is effective and efficient manages to maintain a competitive edge over its competitors, which ensures that the firm achieves success in its operations.
The paper will seek to answer the question: What could AIG have done differently to prevent its failure and subsequent bailout? Who is responsible for establishing Corporate Culture, as well as inculcating throughout the corporation? Do you think additional regulations would have made a difference for AIG or the Financial Industry as a whole - why?
For instance, it could involve the meaning of terms and their application in criminal justice. Normative ethics concerns standards of behavior and conduct. Practical, or applied, ethics involves solving practical,
ally minded business leader are not in and of themselves sufficient to ensure that high ethical standards are maintained within the organization that they are responsible for overseeing. Realizing this, David Pinder has established organizational structures that are capable of
6 Pages(1500 words)Research Paper
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Research Paper on topic International Culture and Ethics for FREE!