Yes, chapter 5 states that leaders have a strong set of ethics; however, The Economic Case for Bribery paper shows that there is a high number of corruption in businesses, where leaders take place. In addition, chapter 5 mentions that true leaders have a high degree of trust between the leader and followers, but what about when the leader commits fraud and followers help to it. Chapter 5 and The Economic Case for Bribery has different points of view that contrast each other.
2. The research referred to in the article finds that:
• ethical standards slip when times are tough
• bribery is a solid investment
• Bribes are higher when government institutions are weak and there is lower newspaper circulation.
Do you believe ethical standards may vary depending upon the situation? In other words, is it okay to be unethical in order to win business, enter a new market, get a promotion, avoid criticism from ones boss, etc. or, is an unethical act unethical no matter what the circumstances? Explain …show more content…
Do you believe ethical standards vary from culture to culture? If so, then how does one deal with business transactions across different cultures?
Ethical standards vary from culture to culture because each culture has their own values, attitudes, beliefs, practices and different ways of living. Each culture has their own set of rules, and normative beliefs that control their ways of leaving. Culture reflects the moral and ethical beliefs of how people have to behave with others; however, these standards change between countries, cities, organization, groups, etc.
When doing business across different cultures, it is important for each of the parties to search, learn, and understand about each other culture because culture strongly influences negotiators. It is important to learn about culture differences; like, customs, gestures, body language, and politics. The proper communication and manners influence the other party to negotiate and sign contracts to make
2. The research referred to in the article finds that:
• ethical standards slip when times are tough
• bribery is a solid investment
• Bribes are higher when government institutions are weak and there is lower newspaper circulation.
Do you believe ethical standards may vary depending upon the situation? In other words, is it okay to be unethical in order to win business, enter a new market, get a promotion, avoid criticism from ones boss, etc. or, is an unethical act unethical no matter what the circumstances? Explain …show more content…
Do you believe ethical standards vary from culture to culture? If so, then how does one deal with business transactions across different cultures?
Ethical standards vary from culture to culture because each culture has their own values, attitudes, beliefs, practices and different ways of living. Each culture has their own set of rules, and normative beliefs that control their ways of leaving. Culture reflects the moral and ethical beliefs of how people have to behave with others; however, these standards change between countries, cities, organization, groups, etc.
When doing business across different cultures, it is important for each of the parties to search, learn, and understand about each other culture because culture strongly influences negotiators. It is important to learn about culture differences; like, customs, gestures, body language, and politics. The proper communication and manners influence the other party to negotiate and sign contracts to make