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Ethical Standards for Business

1. Do you feel that it is possible to develop a universal set of ethical standards for business, or do you believe that cultural differences make universal standards impractical and/or impossible?
2: Do corporations have a right and/or a responsibility to influence ethics in the countries in which they operate?Defend the position.

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1 Do you feel that it is possible to develop a universal set of ethical standards for business, or do you believe that cultural differences make universal standards impractical and/or impossible?

In the case study, Google is presented with an issue, remain true to its corporate motto, "Don't Be Evil" and its mission to make "the world's information accessible and useful" (Lawrence, 2007) or take advantage of large amount of Internet users (and potential advertising revenue) in China, since the country was known to filter offensive content and force companies to identify dissidents. This was further complicated with Google's policy and commitment to serve the end user, as the heart of its business. Google, with its need to expand globally, is faced with the problem of compromising its values to gain greater global market share. Should Google compromise its ethics to take advantage of a potentially large market? Ultimately, Google decided to go forward into China but then ceased operations after hacking attempts, only to return later.

This situation points to the difficulty of developing a universal set of ethical standards for business UNLESS an organization is willing to turn its back on some business for the sake of these principles. As Google has vacillated in its stance, the Telegraph points out Google's "mantra "don't be evil" becomes more threadbare with ...

Solution Summary

This solution discusses if it is possible to develop a universal set of ethical standards for business, or if cultural differences make universal standards impractical and/or impossible. It also discusses if corporations have a right and/or a responsibility to influence ethics in the countries in which they operate. Examples and APA formatted references are provided.

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