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Business Ethics: In what ways can culture affect ethical standards and shape business behavior?

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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.

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Solution Summary

This solution discusses culture and international business in regards to business ethics in approximately 400 words with two references.

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Introduction to Business Ethics

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?
Culture can affect ethical standards and shape business behavior. In several countries in the world there is a system of paying bribes. Work ...

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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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