What are some of the cultural differences in business ethics to consider when entering the global marketplace and can you provide an example?© BrainMass Inc. brainmass.com June 3, 2020, 6:34 pm ad1c9bdddf
An American businessman went to visit an processing plant executive in France. He asks the French executive if he could have a look at the company's books, or financial statements. The French executive asked, in all seriousness, which books would you like to see? It turned out that the French executive actually kept three sets of books, one for his family, one for the revenue collector and the real one. To the French executive this was quite a normal way to run things while to the American it would have appeared to be unethical and illegal!
Imagine how corporate decision-makers feel as ...
Using a specific example, this solution explores some of the cultural differences in business ethics to consider when entering the global marketplace and provides an example.