Business Ethics Essay Example | Topics and Well Written Essays - 500 words - 37

Business Ethics - Essay ExampleFor example, the level of pollution may deepen but that does not mean that pollution is not experienced by either of the States.Differences in ethics are mainly based on master copy cultures, laws, institutional culture, and human resource systems. In the United States, for instance, bribery to acquire a business is forbidden. In other countries, no business transaction foundation be conducted without bribery. In others, money obtained from bribery is tax deductible. In Asia giving business, gifts imply value for business relationships and convey respect. In the United States, such(prenominal) moves may not be necessary. Some might even consider it as a bribe to influence judgement.A code of ethics crumb be established for the global market through research. This will be achieved by gathering information about pagan requirements on different countries. These requirements can therefore be modified so that they are applicable to different business circumstances. Similarity with American code of business ethics will be professionalism such as proper communication channels. The difference will incorporate different cultural expectations.The first measure that should be taken in case an organization offends a foreign culture is to establish the nature of conflict by understanding the history of cultures. Expectations of different cultures greatly affect transactions. It is, therefore, important to understand cultural bases that define ethical behaviour. The second step requires conducting research about foreign ethical guidelines prior to getting into business. This knowledge acquired combined with good managerial skills can rectify an organizations reputation. Finally, the offended party can be given the fundamental right to choose, and other advantages over the organization hence reserve integrity (Kent, 2014).Ethical frameworks greatly differ in the global business market hence making it difficult to distinguish practices