Globalization, from an ethical standpoint, has brought to light many of the deficiencies the corporate world have in regards to establishing following and adhering to a Code of Ethics. Unfortunately, globalization has resulted in a lack of a common standard for ethical business practices. This is mainly due to the like of proactive ethical practices, companies’ prioritization of profits over ethics and inconsistency of practices from culture to culture. There is no one solution to fix this issue but understanding contributing factors business professionals can begin shifting the paradigm towards a shared Code of Ethics across
Globalization, from an ethical standpoint, has brought to light many of the deficiencies the corporate world have in regards to establishing following and adhering to a Code of Ethics. Unfortunately, globalization has resulted in a lack of a common standard for ethical business practices. This is mainly due to the like of proactive ethical practices, companies’ prioritization of profits over ethics and inconsistency of practices from culture to culture. There is no one solution to fix this issue but understanding contributing factors business professionals can begin shifting the paradigm towards a shared Code of Ethics across