Ethics in Global Business Contexts

Global Cultural Differences

Variations in ethical practices across cultures.

Cultural Relativism

Ethics defined by societal norms of each culture.

Ethical Absolutism

Belief in universal moral truths, regardless of culture.

Kantian Ethics

Ethics based on respect for human dignity.

Core Human Values

Fundamental principles guiding ethical behavior.

Good Citizenship

Encouraging individuals to reach their full potential.

Outcome Ethics

Evaluating actions based on their consequences.

Environmental Concerns

Impact of industrialization on ecological health.

Human Rights Issues

Ethical treatment of marginalized groups.

Labor Standards

Regulations ensuring safe working conditions.

Bribery

Offering something of value to influence actions.

Nepotism

Favoring relatives in business decisions.

Property Rights

Cultural variations in ownership and control.

Conflicts of Development

Tensions between progress and traditional values.

Cultural Differences

Diverse practices affecting ethical interpretations.

Ethical Models

Frameworks for analyzing moral issues.