Business Ethics and International Business

There has been increasing numbers of concerns with the ethical leadership of organizations due to historical problems with company’s downfalls due to management. The unethical conduct of leadership is typically found when the organization does not enforce the ethical climate once determined as important. The paper focuses on different approaches for strengthening the leadership for the organization and enforcing the ethical climate. In addition, the important factors for a strong ethical climate are derived based on a solid foundation for an the organization’s policies and procedures and code of conduct. Organizations can accomplish ethical leadership and behaviors by enforcing and practicing the code of conduct and having a high level or integrity in the leaders that run the organization.

In today’s world ethics are met with hesitation and an uncertain sense of understanding. There are so many definitions of what ethics are, one might define it as feelings of right and wrong while others may categorize it as certain actions and activities that are socially acceptable. Unfortunately, ethics are not something that everyone understands, because they stem from ones morals and in today’s world morals are not something that are always understood or accepted.

Ethics must be global, not local. In order to build a truly great global business the leaders need to bring forward a global standard of ethical practices.

Ethics is a branch of philosophy that deals with values concerning human conduct. These values help cultures determine what actions are appropriate and inappropriate and which motives of such actions are good or bad. Ethical values help humans decipher correct ways to handle problems. Boyd (2005) suggests moral problems are an interpretation of events viewed from a perspective that history and tradition have helped to shape. Perception plays a large role in ethical issues today. The way a culture

Business ethics refers to the consideration of moral decisions and responsibilities in the process of operating a business. Business ethics, practiced throughout the deepest layers of a company, become the heart and soul of the company 's culture and can mean the difference between success and failure. Values drive behavior and therefore need to be consciously stated, but they also need to be affirmed by actions. Ethical business environments are created with foundations of integrity, accountability and commitment.

As recently as a decade ago, many peoples,companies or organizations viewed ethics,social responsibility,business ethics only in terms of administrative compliance with legal standards and adherence to internal rules and regulations. Today the situation is different. Attention to them is on the rise across the world and many companies or organizations realize that in order to succeed, they must earn the respect and confidence of their customers. Like never before, corporatons are being asked, encouraged and prodded to improve their business practices to emphasize legal and ethical behavior. Companies, professional firms and individuals alike are being held increasingly accountable for their actions, as demand

Ethics has developed as people have reflected on the intentions and consequences of their acts. From this reflection on the nature of human behavior, theories of conscience have developed, giving direction to much ethical thinking. Each individual has a different ethical background that is taught to them by his or her parents, teachers, mentors, religious beliefs, his or her own personal beliefs and we as a society are all diverse in our own way. Most of our beliefs and patterns of behavior are established through our observations and experiences of childhood through adulthood. For me personally, my ethics come from what I learned from my parents, my religious background, my experiences, both personal and professional, and my observations of

A Code of Ethics is regarded as the written guideline to the moral constitution of an organization ( ). The Code of Ethics (Appendix A) outlines the rights, duties, responsibilities, and a benchmark for the organization and its evaluation (Mihai & Alina, 2013). It contains behavioral principles and rules of conduct that aids in the decision-making processes and balances the stakeholders ' expectations and interests against corporate responsibility ( ). The establishment and practice of a code of ethics is mandatory for all organizations to govern business practices. The Sarean Oxly Act was established as a result of unethical business practices. The successful implementation and communication of the ethical philosophy an organization uses to conduct business can affect the reputation, productivity, and bottom line of the business. The goals of a strong and comprehensive code of ethics implementation plan focuses on assuring the presence of appropriate internal policies and controls. The need for an organization to demonstrate a commitment to integrity and ethical values is a key element to improve the organizations stability sustainability ( ). The code of ethics should have a detailed plan of implementation that includes communication, managing, accountability, monitoring, evaluation and a process on handling the consequences of misconduct. This paper will outline a successful

The ethical principles can be employed to address organizational issues regarding financial ethics, business entities, confidentiality, and decision-making. In which, the organizational ethics are expressed the values of the organization to its employees and stakeholders. The ethical principles would influence by external pressures; as well as the organization’s ethical climate affects employee and management performance (Al-Khatib, Rawwas & Vitell, 2004, p. 1).

Ethics are principals that practice in everyday life, helping individuals make a decision on what is right and wrong, and then doing the right thing. However, to find the answer, it is not always clear when researching for the solution, especially when company is trying to be known as a diverse environment. Most ethical dilemmas will required judgments depending on the circumstances. It is vital for managers to learned how to distinguished the morals when making the final decision because ultimately, if managers choose to do unethical. The results can affect several people that works within the organization, and company’s image to the society. With that said, corporation try to eliminate unethical behaviors that can affect

Globally, the world of business has also led to an increase in ethical difficulty and dilemmas for managers of cross border firms. In the article titled, Okpara John O. (2014), “The effects of national culture on managers’ attitudes toward business ethics: implications for organizational change”, Okpara John O argues how the impact of globalization in the world of business evaluates the importance of incorporating cultural differences into ethics research. The article is integral part of the idea that cultural differences exist among managers from different continent. These differences in individuals can be highly contributed to perceptions of power management, readiness to cope with unforeseen circumstances, impact for material goods and quality of life among staff, open-minded to change, and group oriented-related within an organizational environment. These differences definitely affect the ethical attitudes and decision-making abilities of managers, especially those in multicultural environments. Recently, when multinational organizations that are spread across the boundaries of different countries displaying different cultures develop their organizational codes of conduct, they are now taking into account the cultural attributes of their local entities and the people who make those entities into consideration. Therefore, a code of conduct ethics that balances cross-cultural perceptions and values is likely to have a greater chance of acceptance among the managers who are expected to abide by it especially when such managers represent different cultures. Okpara John O.

An upcoming meeting with your new company's chief executive officer (CEO) and other executives is a great opportunity for you to share your knowledge of potentially defective products being sold to customers. You are not sure if others are aware of this issue, and the defective products could possibly lead to serious injuries. To complicate matters, you are uncertain about your organization’s ethical guidelines because none have been communicated (AIU, 2011).

Companies are supposed to be able to achieve and demonstrate an ever increasing performance showing improvement on leading in their industries to acquire competitive advantages. Having a high level of performance could be greatest achieved with competent and motivated employees. The conduct of business in an organization with an ethical manner is of great importance to secure an increasing performance as well. Organizations functioning towards ethical standards should ensure unbiased applications of business and recall a sense of justice to stimulate motivation among their employees. Employees that are motivated through a positive ethical organizational climate and leadership do much better than a less motivated employee. This promotes the organizational achievement that causes

The purpose or aim of every organization is to establish such an organizational culture and behavior among its employees that helps in achievement of ideal ethical standards. There are certain determinants that play a critical role in helping achieve the right organizational culture. Some of these include personal moral intensity, social ties, codes of ethics, locus of control and Machiavellianism. These

Now that we have established a strategic business plan for Marketing, Operations and Human Resource Management for ABC Complete Kitchens, Inc, we must now establish an ethically and socially responsible business climate for our new plant. Another topic we must turn on our focus on is our presence in the global market. Because 20% of our sales are anticipated to be in the overseas market, we must address our international management considerations associated with the international sales of our products.