Xmgt/216

Business morality and Globalization
XMGT/216
September 7th 2012


Business Ethics and Globalization
Ethical consequents resulting from globalization atomic number 18 Wages, Payoffs and Bribes, and Difference in Cultures. As stated by Trevino Managing for Ethical Conduct in a Global Business Environment p368, that certain ethical standards or universal; for example atomic number 19 shalt not kill Thou shalt not steal. In devolving countries the labor force by chance paid low wages for jobs that US rail line managers whitethorn believe should be paid higher wages merely the developing countries believe that their competitive advantage is that they will pay back American companies that want to move their business to the countries where the wages are lower, thus they do not want employees in the uncouth to be paid more and they possibly loose the business of an American company.
Although bribes are against the law in many countries American business people maybe approached by government officials go bribes are for a payoff to conduct business. It is important for bourgeois traveling to international countries to know before they arrive that this caseful of illegal behavior could occur and to know what the meaning of the quest is, and what the US law is before accepting or move in the illegal act. (Trevino, p,366) The U.S.



Congress passed the Foreign Corrupt Practices defend (FCPA) in 1977.35 the act prohibits representatives of U.S. corporations from offering or providing significant payments to foreign political parties, candidates, or government officials for the purpose of inducing the recipients to misuse their powerful positions to assist the company to obtain, maintain, or retain business
To crystallise a decision or take an action that he/she otherwise might not take.
The ethical issue in the diffrence in cultures occur when businessperson are not trained in the difference and similarities in cultures. Business managers should sympathize how the culture negotiation and the different...If you want to get a ample essay, order it on our website: Ordercustompaper.com



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