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International Business: The New Realities, 5th Edition
book

International Business: The New Realities, 5th Edition

by S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
January 2019
Intermediate to advanced content levelIntermediate to advanced
576 pages
33h 19m
English
Pearson
Content preview from International Business: The New Realities, 5th Edition

Ethical Standards and Dilemmas Around the World

Are ethical standards uniform around the world? Not really. Each society develops its own traditions, values, attitudes, norms, customs, and laws. Each culture develops its own ethical values and understanding of ethical principles. There is no global standard of ethical behavior. Appropriate behavior in one culture may be viewed as inappropriate or unethical elsewhere.8 Let’s review some examples.

  • In China, counterfeiters frequently publish translated versions of imported books without compensating the original publisher or authors, an illegal practice in most of the world.

  • In parts of Africa, accepting expensive gifts from suppliers is acceptable, even if inappropriate elsewhere.

  • In the United ...

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Publisher Resources

ISBN: 9780136763017