Business Ethics China, Russia And Indonesia - 1890 Words

Diebold: China, Russia and Indonesia Shane Stoddard BUS 351 Section 503 December 2, 2014 The topic of business ethics is not as concrete as other areas of study. It has various meanings depending on the location of where the study or practice is taking place. An action that someone in America would deem as socially acceptable, ethical behavior, may not be in accordance with the societal norms of another nation. Normally this doesn’t raise too big of a problem with business, as most businesses only operate within a single nation. However, this is an incredibly important concept to those businesses that practice within the global market. Globalization is an excellent way to expand your business, but as we can see with the case of the Securities and Exchange Commission vs. Diebold inc., the ethical barriers between nations may not be so easy to follow. A Discussion of the Pros and Cons of Globalization in Regards to Ethics Globalization is what describes the interconnectedness of the world as a whole. In today’s world we are more connected to other nations and cultures than ever before. We can travel all over the globe for what is usually a reasonable price. With this ability to be connected worldwide, we also have opportunity to expand our business as well our ethical standards to new nations around the globe. Globalization offers many lucrative opportunities in the world of business. One company that could only reach the population of the United States, nowShow MoreRelatedKfc Marketing Plan Essay1816 Words   |  8 Pages1.0 Executive summary The accurate reading of consumers preferences of KFC revealed that healthy eating, animal welfare and ethics are three of the most consumer’ desires KFC are facing today. 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