What Is The Difference Between Cultural And Cultural Differences?

Business ethics and values have developed through time and crosswise over orders into a field, which is a standout amongst the most vital subjects in the field of business. For the authentic improvement of business morals, it is vital, to begin with, a meaning of business ethics and values in a worldwide setting (Savage, 2005). The study characterize business ethics and values from an administrative viewpoint as choices about what is correct or wrong (worthy or unsuitable) in the authoritative setting of arranging and actualizing business exercises in a worldwide business condition to profit (Child, 2015). The development

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 are the product of a society’s culture so it is natural there will be different responses to similar ethical scenarios. Beekum, Stedam, and Yamamura (2003) suggest these differing conclusions will lead to conflict where one side perceives the outcome is ethical whereas the other does not. Another possible outcome is that one side may not even see a decision even being morally significant. Global organizations have the additional challenge when operating within a multi-national environment of recognizing cultural differences while maintaining a core moral and ethical foundation.

Satterlee (2014) states that a “difficulty often faced by the global business manager is with customs, which can vary greatly from one country to another (p. 11). However, acknowledging and understanding the culture before engaging in the global business process substantiates the difference between success and failure. Also, “one of the greatest challenges of working in this environment is doing so without sacrificing corporate or personal integrity” (Satterlee, 2014, p. 11). For example, “What is seen as an ethical decision in China may not be seen as such in Canada” due to global ethical standards (Robbins & Judge, 2009, p. 161). As a result, a Canadian would be in a dilemma working in China which commonly practices bribery in business transactions (Robbins & Judge, 2009, p.

Ethics in a global concept is difficult to pinpoint because each country has its own culture. This culture can affect the government and the citizens, which in turn, affects the way businesses are managed. However, this can become a problem when companies become international. On the other hand, there are global common values that many countries possess that can help fair commerce across countries. These shared values come from the fact that many of the world’s religions share the same values. Therefore, “relative prosperity of developed economies seems implicitly to be taken as evidence of a sustainable form of free market capitalism that is supposed to be a universal economic destination” (Michaelson, 2010, p. 239). However, when a country does not share these values, or has a leader that does not it can become a major problem for

As a leader of a U.S. firm with operations in foreign countries, I would need to learn about the local cultures where my firm is operating. It is very important for my company to have a model code of ethics. With the company’s mission and vision in as the center, I will establish cores values that can be tailored for application in diverse workplace environment. Everyone in the company would need to comply with quarterly trainings and stay familiar with our company’s culture and values. I also know that geographic and cultural diversity management is not the same across the board. Ethical dilemma takes different implication and perception depending on the cultural environment. “When dealing with unethical behavior overseas, companies need to consider the ethical concept.” (The Role of Ethics and National Culture).

As a sociologist, we learned that every perspective we have is rooted from outside influences, familial, educational and the interactions with others in-between. Ethics has been said to be based on the foundation of religion, whether we have one or not. Not only are some raised with a certain belief but our governing laws are rooted from them. This is something we share with all countries; sufficient cultural differences in personal and work-related aspects of society are affected by this. Globalization has shined a light on the diversity of different countries work ethics and beliefs for doing business.

The diversity of cultural values impacts international business practices in dramatic and complex ways. (Anyanwu & Nweake, 2014). This paper will define common nomenclatures for international business (definitions), identify the impact of cultural diversities on international business ethics (problems), provide diverse cultural examples from China, India, Figi, Japan and Indonesia (case studies), and suggest recommendations to improve ethical dilemmas for international business practices challenged with integrating their businesses into diverse cultures globally.

“ Every culture and nation has its own values, history, customs and traditions, thus it has developed own ethical values and understanding of ethical principles; There is no international ethical code of conduct, accepted and followed by all the countries; There is a lack of governments’ initiative to create ethical cooperation framework and thus to enhance ethical behavior in international business; It is hard to outline those ethical values which would be understandable, acceptable and important for representatives of all the continents simultaneously within different types of international cooperation projects”. ( carlo scevola, mba, 1995-2015)

nation. So, people have to be very careful when setting ethical standards, and sometimes businesses are forced to follow morals of another country.

This literature review paper will review the effects of culture on negotiations, using New Zealand and Thailand as the key countries of comparison. It will first cover how culture general affects negotiations. Then, it will compare the general culture in New Zealand and Thailand in summary. After that, using Hostede’s cultural dimensions, the cultures New Zealand and Thailand will be analyzed, and further analysis of the culture will be done using Schwartz’s cultural values. In the end, review will include the problems of cross-cultural negotiations and a brief on how it can be overcame. To conclude, the review will summarize the topic altogether.

Global trades account for more than 60% of the world’s Gross Domestic Product (The Economist, 2014, para. 2), therefore, the important role of International Business Negotiations (IBN) in the global economy. Manrai and Manrai article The Influence of Culture in International Business Negotiations (2010) discusses the art and sciences aspects of successful IBN from a cultural perspective.

Nowadays, businesses are facing a high demand not for their products but for their ethical conduct to produce goods or services. Alongside with the technological advances that create easy accessibility for information and the openness in media coverage, consumer’s awareness also increases regarding business’s ethical issue. This then make some type of business, especially International Business; have to be careful in their business’s conduct because each country has different standards and different rules also regulations concerning business ethics.

While the rise of globalization has brought about a great deal of opportunities for corporations, with it has materialized a new complexity in business transactions. Ethics relies heavily on the norms of one’s culture. Different ethical standards can reside not only within a country, region, or community; but also in a person-by-person basis. Therefore, there is no such thing as a strict protocol that a corporation can adhere to. The ability to adapt to situations in a case-by-case scenario is vital for the success and longevity of any international businessperson.

In this present modern world, international business is not just about nationalities, it is also about cultures. Cultures affect negotiation strategies, decisions values and communications. A case in point focuses on a scenario whereby a proficient U.S negotiator travels to Mexico to negotiate for a profitable business deal. Furthermore, the above named negotiator puts into consideration the aspect of time. Time is considered as money and therefore he intends to achieve the best deal within 24 hours. Reasonably, the above scenario depicts different cultures engaging in a negotiation process. Therefore, the above personality ought to expedite strategic approach and decisions as regards negotiation. Therefore, this essay seeks to focus on the strategies and decisions that the U.S. based negotiator ought to employ in order to ensure that he wins the best deal.