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Q: Explain the ethical risks and consequences associated with global business.
A: Global Business and Ethics Organizations doing business in foreign countries, especially in developing countries find understanding and complying with international laws, managing employees from global headquarters, serving customers, [ and relating to suppliers and partners in multinational and translational businesses can bring many challenges to developing shared ethics in business and
values. There many different ethical policies to follow. Those ethical business policies of hosting country, as compare to those policies of United States of America visiting company. “Having a defined set of companywide global business ethics is a key part of realizing a truly global culture.” ]
Expert answered|lovefallen|Points 544|
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Asked 11/15/2011 8:02:14 PM
Updated 7/19/2013 8:52:48 PM
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The ethical risks and consequences associated with global business is that the allure of making profits globally often masks the risks and consequences associated with it. In many foreign business markets “bribery, payoffs, expensive gifts are parts of the costs to do business.
Added 7/19/2013 8:52:48 PM
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