Friday, May 1, 2020

Business Ethics and Sustainability International Issues

Question: Discuss about theBusiness Ethics and Sustainability for International Issues. Answer: Introduction It is argued that international issues in business ethics are purely a matter of relativism. Cultural relativism contends that no culture values are superior to another; hence there are no global wrongs or rights. For this reason, individual organizations must respect the cultures of the host country despite being unacceptable or significantly different to their nation of origin. In this context, organizations must realize that in some countries, they cannot conduct business unless they respect their culture. For this reason, the paper aims to react to the above statement. Response to the Above Statement In the global business environment, cross-cultural management challenges often emerge. However, foreign company managers need to comprehend the importance of embracing local cultures in enhancing their competitiveness in the industry. Nonetheless, they are not expected to engage in cultural aspects that undermine their values as an organization (Schmidtmmann, 2006: 5). Based on the introductory paragraph, it is not ethical for a multinational corporation to adhere to a culture that is unacceptable or significantly distinct from their home country. On the contrary, companies should focus on helping their managers differentiate between practices that are unethical such as accepting a bribe and those that are against their core values (Moran, Harris Moran, 2011: 56). Likewise, when working in a different business environment, businesses must focus on respecting core human values, local traditions, and basing their decisions on the fact that context matters when deciding what is wrong or right. Respecting cultural differences is essential because it is a clear indication that each and every culture exhibits hidden strengths and apparent weakness. To avoid issues associated with cultural differences, it is important for organizations to design a consistent framework to use in all countries they expand their operations. List of References Moran, R.T., Harris, P.R., Moran, S.V.(2011) Managing Cultural Differences, London: Routledge. Schmidtmmann, L.(2006) Differences of Culture, German: Grin Verlag

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