Ethical Challenges Assignment Help Ethics, Culture and Values lead to difference in Social Culture
In order to understand the business environment of the companies in Asia, business firms have to understand the Asian culture. Cultures are the characteristics of particular group of people. These cultures are defined by the language, religion and social habit of the individuals (Crane & Matten, 2007). Ethics can be defined as the basic concepts and fundamental principles of right human conduct. On the basis of ethics, person can be able to take decision between the right and wrong behavior. Apart from this, values have the major influence on the behavior and attitude of the person. In addition to this our business strategy case study assignment help experts said that, it can also be considered as the broad guidelines in all type of situations. On the basis of these three aspects, social culture of the organization differs.
Implications of difference in culture and values on business Due to the culture difference, business and economies have to face various problems. Every company and country has different cultures and values. In order to maintain balance between different cultures and values within the organization, proper training and development program should be conducted (Hill & Jones, 2011). Through training and development program, employees can understand the different cultures and values. Business and economy have to learn various cultures in order to maintain the diversified workforce within the company. Through diversified workforce, company can be able to meet the needs and demand of customers from different culture. Further, different culture and values also provide the opportunities for international business. It is analyzed that difference in culture and values put positive as well as negative impact on the business and economy.
Difference in Social Culture It is necessary for the international business firm to understand the difference in cultures and values. Promoting cultural sensitivity will be helpful in making effective communication across the border. Every country has its own standards and values of thinking and taking decisions. Culture is the system of shared beliefs, values and norms. Culture of the organization can be defined by the dress code, conflict resolution policies, industry and language. On the other hand, culture differences also create problems at the workplace (Crane & Matten, 2007). People from different culture are not able to understand the language and cultures of other countries. Moreover, conflict occurs due to the difference in values and cultures. Organizations have to maintain the balance among different cultures in order to serve the customers in an effective manner.
Ethical Issues and Ethical dilemmas As per Australia assignment help experts, In today’s business world, ethics play an important role for the proper management of organization. Organizations are focused towards proper ethical behavior in order to avoid the possible lawsuits (Trevino & Nelson, 2010). Major scandals due to ethical issues such as Enron and WorldCom have generated awareness among the public about the ethical behavior. Apart from this, companies also have to face the ethical dilemma problem in international business. Ethical dilemmas occur due to several reasons such as personal gain, profit pressures and business standards conflicting personal values. For example, some companies have their headquarters in United States whereas manufacturing facilities have in other countries. In such situation, job conditions that are normal in manufacturing country can create a conflict with labor standards in United States. Therefore, international business ethics is becoming very important in the view of globalization of business activity.
Ethical Considerations in International Business Different corporations and entire areas of business have developed various systems in order to incorporate the ethical issues in decision making procedure. Some guiding principles include the industry concerns, health issues and safety and environmental policies. Ethical decision making plays an important role in group decision making (Shaw, 2010). Consideration of ethics in decision making is helpful in providing the guidelines to achieve the goals in appropriate manner. Further, companies will also be able to overcome with problems of unethical behavior. Before, making the decision, organization should frame proper rule and regulations on the basis of which decision can be taken. Ethics in decision making is useful in assessing the correct behavior in the organizations. Companies should also analyze the ethics of other countries and should include this in the strategies and policies of the organization. Further, through this, international business organizations can incorporate ethics of other countries in their decision making.
References Crane, A. & Matten, D. (2007). Business Ethics: A European Perspective. UK: Oxford University Press. Hill, C.W.L. & Jones, G.R. (2011). Essentials of Strategic Management. USA: Cengage Learning. Shaw, W.H. (2010). Business Ethics: A Textbook with Cases. USA: Cengage Learning. Trevino, L.K. & Nelson, K.A. (2010). Managing Business Ethics. USA: John Wiley & Sons. You can avail any time our business assignment help from US and Australia experts. We assure you that you will receive 100% original and quality assignment help on time.