...Business Ethics Across Cultures Article Review XMGT/216 Business Ethics Across Cultures Article Review The first article I reviewed was titled Islamic finance: Notion of stewardship imbues business ethics. The author discussed the global economic crisis of 2008 in Islam. He reviewed how the lack of training of Islamic employees in ethics contributed to the economic crisis. Several of the ethical lapses that occurred during the ethical crisis were caused by risk also known as gharar and gambling. Both gharar and gambling are banned by Islamic law (Smith, 2012). The author argues that religious beliefs not limited to Islam can influence more responsibility within a business’s leadership. Omneya Abdelsalam, the director of the El Shaarani Research Centre for Islamic Business believes the belief of god and his power brings an acute level of accountability and responsibility (Smith, 2012). The suggestion of Dr Abdelsalam is that the belief of religion has a direct power of the way individuals conduct business. Islamic businesses primary ethical perspectives are to fulfill social responsibility of the business to the best of its capabilities, have fair treatment for employees, care for the environment and customers, and fulfilling the obligation toward shareholders and other stakeholders (Smith, 2012). Challenges faced by Islamic businesses are the views of tangible assets and some principles. Cedomir Nestorovic, a professor of Islamic business and management states that...
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...------------------------------------------------- Business Ethics across Cultures Article Review Meghan Kraft XMGT/216 Deborah Pryer November 22nd 2015 Business Ethics across Cultures Article Review For centuries countries have been sharing their goods, services, cultures, and ways of life with those who visit or decides to do business with their country. While most would assume that people in another land speaking a different language, following a different religion, and eating different food would more than likely perceive and behave differently from than our own; the truth is that even though these differences may be perceived, very little is done to actually understand them appropriately unless it is deemed necessary. It is obvious that through globalization, that not just one, but each and every country has its own problems with ethics regarding business. It is made quite clear that there is a common scourge in business practices worldwide. It is also very clear that we are victims to the same faults that occur in humanity on a global scale. However, what is quickly becoming equally apparent, for international businesses and corporations to deal successfully with a foreign contractor, business, or even government; the proper measures must be taken to understand the differences in ethical perception and to work to accommodate those differences. Failure to do so leave many of these companies and businesses vulnerable for international ethical dilemmas that are quickly...
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...Business Ethics Across Cultures Article Review XMGT/216 March 5, 2012 Leat Kodua BUSINESS ETHICS ACROSS CULTURES ARTICLE REVIEW Business Ethics Across Cultures This paper will focus on the two articles that I chose to discuss, ‘Business Ethics in Australia and New Zealand1’ and ‘Business Ethics in Japan.” This paper will provide a brief summary of both articles and try to explain some of the primary ethical perspectives of the countries. In the contents of this paper there will also be a discussion on how the articles contribute to understanding global ethical perspectives and will briefly describe the similarities and differences of the business ethics in these two countries and the United States. Although the first article is titled ‘Business Ethics in Australia and New Zealand’ I will discuss only Australia as New Zealand is considered a separate country. Australia This article discusses the effects of the scandals of the 80’s and extending into the 90’s on Australia and New Zealand as both countries have always claimed to be open, fair and honest societies and the scandals that erupted during the 80’s and 90’s shocked the people of Australia exposing the corruption and dereliction of duty that existed where they felt none did. These scandals brought to light the need for ethical codes within the private and government businesses within Australia, however chief executives and senior government officials still are finding it difficult to accept...
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...Business Ethics Across Cultures Article Review Ken R. Johnson XMGT 216 May 27, 2012 Instructor: Deborah McCafferty Business Ethics Across Cultures Article Review Globalization has been an ongoing event for many centuries; ever since the first traders and merchants sought out other countries to bring back uniquely different food and goods, countries have been sharing their culture and perspectives with those they visit or those that come to their borders. Today, with the widespread use of Internet, digital information, and focus on international business, the positive effect of globalization is much more apparent as well as the challenges it presents to countries with different ethical cultures. While most would assume that people in another land speaking a different language, following a different religion, and eating different food would more than likely perceive and behave differently from than our own; the truth is that even though these differences may be perceived, very little is done to actually understand them appropriately unless it is deemed necessary. However, what is quickly becoming equally apparent, for international businesses and corporations to deal successfully with a foreign contractor, business, or even government; the proper measures must be taken to understand the differences in ethical perception and to work to accommodate those differences. Failure to do so leave many of these companies and businesses...
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...Business Ethics across Cultures Article Review Clarissa R. Hoover XMGT/216 August 4th, 2012 Dr. Frank Czarny, Ph.D. Business Ethics across Cultures Article Review Business ethics and perspectives play a major role in how every business operates on a daily basis. This essay will examine two articles of foreign countries business ethics and perspectives. In addition, the essay will provide a brief summary of the articles. Also, the essay will demonstrate the primary ethical perspectives of the two countries. In addition, the essay will discuss the contributions to understanding global ethical perspectives. Furthermore, the essay will illustrate how the business ethics of a foreign country compares to that of The United States of America. Even though, some business ethics and perspectives differ from country to country generally they are the same. It is very important to uphold an elevated level of ethical behavior when conducting business in a foreign country. There are four main ethical perspectives that one should empathize with which are: character, obligation, results, and equity (Bullard, 2009). When examining ones character individuals should establish their thoughts on what shall be perceived as good versus what is good to accomplish. Furthermore, each individual should realize everyone has a different perspective on how businesses work in a global market. Another ethical perspective one should examine is obligation. Obligation can be described as doing...
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...Cultural difference begins with the ethical variations of perspectives or business ethics of each individual international company. Language is a huge barrier when it comes to international or inter-cultural business dealings, but despite the language barrier one must consider business ethics when communicating. The rapid growth of globalization has prompted businesses to develop international codes of ethics that are used world wide as a standard of ethics no matter what culture or country one is dealing with; this has assisted businesses in making sure that all employees are following the same code of ethics and keeps the company running ethically. Two countries that have had many articles written their ethical perspectives are Brazil and China; these articles also give an overview of the study used to compare ethical differences between American and Brazilian MBA graduates working during the study. In the article concerning the ethical perspectives of Brazil and China, the Chinese believe that communication is the key component in business affairs; employees of both domestic and international companies must use communication to complete any business deals or transactions. One influence that sets the Chinese apart from other countries in their way of ethics is that their base ethics teachings are based off the teachings of Confucius. Confucius was known as a political figure, educator, and a thinker; his teachings have become the foundation on how the Chinese perceive education...
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...employee commitment, and performance. Journal of Business Ethics, 97, 341-363.Retrieved from http://search.proquest.com.ezproxy.liberty.edu:2048/docview/821301766 The authors of this business journal explore the recent activities of today’s retail giants and how their ethical behavior affects their brand, objectives, performance and stakeholders. The authors investigate the origins of certain variables that affect the ethical values of an organization. In addition, a review is performed on how both ethics along with these variables contribute to the success of the organization with respect to quality and quantity of output. A link is established between power, ethics and commitment to productivity. Brickley, J.A., Smith , C.W. & Zimmerman, J.L. (2002). Business ethics and organizational architecture. Journal of Banking and Finance, 26 (9), 1821-1835. Retrieved from http://dx.doi.org/10.1016/S0378-4266(02)00193-0 This journal implies that there is potential for a balance between economics and business ethics in several instances. One instance is found in the presumptions of how organizational members make decisions and from what ethical foundation they are considered? In addition, the importance of the union between business ethics and organizational structure is visited considering their value to the motivation of the internal stakeholders. The journal explores another instance where there may be a balance between business ethics and economics by evaluating an organization’s...
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...The impact of culture on management: A comparison of Japanese versus United States management. Advances in competitiveness Research , 6 (1), 39-57. Faramarz Damanpour is a Professor of Finance and International Business at James Madison University. He is an author of several business articles and has been featured in many business journals. His main purpose of this article is to get the reader to understand the differences between the cultures, decision-making, and employment strategies of Japan and the United States. This topic is suitable for my research paper because it helps me answer the first research question, which deals with the elements and dimensions of culture of Japan. Fukuda, J. (1992). The internationalization of Japanese business: different approaches, similar problems. The International Executive , 34 (1), 27-41. John Fukuda is a professor in the department of the International Business at the Chinese University of Hong Kong. He has written peer reviewed articles for the International Executive. His main purpose for this article is to get the reader to understand the Japanese's approach to business versus the other countries. This article is suitable for my research paper because it helps me to answer question numbers 1 and 2 of the Business cultural analysis. Fukukawa, K., & Teramoto, Y. (2008). Understanding Japanese CSR: the reflections of managers in the field of global operations. Journal of Business Ethics , 85 (1), ...
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...Ethics KEY TERM and WHY YOU ARE INTERESTED IN IT Ethics is the key term chosen this week to research, secondary to the significant relevance ethics plays in all aspects of life. As a child, it was emphasized what was right and wrong, good and bad, to be the best one can be, and to make sure the decisions that are made are based on a common set of values and principles. As an adult, the adherence to these values has played a fundamental role in my own success as a business leader in my profession. EXPLANATION OF KEY TERM The general definition of ethics is ”the discipline dealing with what is good and bad and with moral duty and obligation” (Satterlee, 2009, p. 48). Every culture in the world will have some form of ethics and the society would have a set of values or moral duties and obligations. In some instances, these values may become law. Many of these moral values are based on a religion; for example, Christianity refers to the Ten Commandments, which forms a set of values. Some ethics are secular in nature. In business, ethics plays a major role on how companies act in relation to their core values. A world viewpoint would look at international business ethics as compared to domestic business ethics. The international business ethics would focus on the culture of that society along with their values and core beliefs. With our growing global economy, it is important to understand the ethical duties and obligations for businesses wishing to conduct business...
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...Business Ethics across Cultures Article Review Temarya P. Jackson XGMT/216 April 29, 2012 Jeannie Robinson Business Ethics across Cultures Articles Review The first article that I read was on The Business Ethics in Chile. From what I read in that article it stated that living in Chile there are few things in this world that is more important than freedom. One of their important components in Chile is financial freedom, which is the idea that having an independent income or large pool of saving opens up more options and opportunities to live. Some of its people are born naturally talented and have value genes instilled in them. Others, success comes by hard work and consistent learning. The debt unemployment rates are low, and the country has maintained growth due to its resources and export oriented economy. They also have limited government. Chile has neither the funding nor the inclination to staff hundreds with the power to confiscate assets, micromanager people lives, or to “protect” them from every possible threat. They also lack the massive body of regulations that have turned the US into a nation of criminals. Chile has been named one of the most entrepreneurial places in Latin America, and they have plenty of opportunities for foreigners to cash in. It is also a safe, modern country that is middle classed, they have 99% of its people that are living in poverty, the people have plenty of opportunity to work hard and build wealth. The article also stated that the...
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...Business Ethics Across Cultures Article Review The first Article that I read is titled Business Ethics in China. In this article the author talked about how China is open to considering the ethical issues as they want to be global players. The Chinese are aware of some of their own corrupt business practices such as favoring family and cronies. Because the Chinese are doing so well and is such an economic powerhouse, any ethical rules that they set in place will have an impact on the entire world. Chinese frown upon double standards when it comes to criticism of their county by companies that flaunt their own ethical issues. So when doing business with the Chinese, they must set up the code of ethics. The article is listed below: Business Ethics in China by Miriam Schulman Is this Essay helpful? Join OPPapers to read more and access more than 460,000 just like it! GET BETTER GRADES If you want to talk about business ethics in China, don't set yourself up as the Western expert imposing foreign models on the Chinese. That was the message of Stephan Rothlin, general secretary of the Center for International Business Ethics (CIBE) in Beijing in remarks to the Business and Organizational Ethics Partnership of the Markkula Center for Applied Ethics March 23. The Chinese, Rothlin said, are very open to considering ethical issues: "They want to be global players, and they realize that in order to become a real global power, they have to eliminate corrupt...
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...Business Ethics Across Cultures Article Review | XMGT/ 216 | | | | RENEE | 9/4/2011 | | What business ethics are in today’s world? What ethical issues within today’s business environment affect our community and organizations? These topics will be addressed in the following paragraphs. Before one can begin to address ethical business issues that affect our community and organizations, one must first define what business ethics are. Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and business organizations as a whole. Applied ethics is a field of ethics that deals with ethical questions in many fields such as medical, technical, legal and business ethics. Business ethics can be both a normative and a descriptive discipline. As a corporate practice and a career specialization, the field is primarily normative. In academia descriptive approaches are also taken. The range and quantity of business ethical issues reflects the degree to which business is perceived to be at odds with non-economic social values. Historically, interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia. For example, today most major corporate websites lay emphasis on commitment to promoting non-economic...
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...Business Ethics Across the World [YOUR NAME HERE] Organizational Ethics and Social Responsibility - XMGT/216 May 19, 2013 Jo Ann Johnson Have you ever considered how globalization has not only brought countries closer together, but also how it has created a unified ethical perspective for countries doing business together? Management teams are finding out that there is a world of ethical challenges waiting to be discovered through the increased development of globalization. If ethics are a problem within a country, imagine the challenges that arise when the language is foreign, cultures are diverse, and the number of people involved grows to a global scale. In this paper we are going to discuss two articles which cover the ethical perspectives of India and China, how these articles contribute to understanding global ethics, and how India’s and China’s business ethics compare to that of the United States. Santa Clara University published an article written by Stephen Rothlin called “Business Ethics in the Chinese Context” that discussed some of the progress China made in 2006 and 2007 in business ethics. Stephen Rothlin is the general secretary of the Center for International Business Ethics in Beijing. In January 2008, Rothlin updated the Markkula Center for Applied Ethics Business and Organizational Ethics Partnership with the progress he had seen since his last visit in 2006. Rothlin discussed six categories including; consumer rights, anti-corruption activity, environmental...
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...Business Ethics across Cultures Raul Torres XMGT 216 Daniel Anderson 1/8/2012 America has not always had the same working conditions and ethical guidelines it has today. We know from history that in the early 1920’s American industries had a very different outtake on what was ethical on tolerable. During those times there were no child labor laws so children were allowed to work in order to be able to provide another source of income for the family. In today’s society we have laws and guidelines that an employer needs to follow in order to be able keep the business from being fined or closed on. Going back to the 1920’s there were no safety guidelines set so if the main provider of the family became injured then the oldest son would have to fill in, in order to keep the family with an income. Employers did not have to follow certain hours in which kids were going to be working such as in today’s society. Aside from children working long hours with no protection women did not work at all outside the house. With no women working outside of their home then we can say that there were no laws on sexual harassment against women. This was something that America was dealing with when they were trying to establish great ethics in our country. Other countries have dealt with much more than sexual harassment and child labor. The first article being reviewed for the Business Ethics across Cultures article review was about issues with Wal-Mart and China. Nearly every...
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...Research Quarterly Published by the Society for Human Resource Management Business Ethics: The Role of Culture and Values for an Ethical Workplace FOURTH QUARTER–2009 Whether in domestic or global companies, ultimately, the commitment to business ethics and the foundation is built through organizational culture, with ethical values reflected in the workplace. Business Ethics: The Role of Culture and Values for an Ethical Workplace Abstract An ethical workplace is established through an organization’s culture, values and leadership. To promote ethical behavior, human resource professionals, people managers and senior management need to be knowledgeable about business ethics—from leadership, codes of conduct and related legislation to compliance training, ethical decisionmaking, and cultural and generational differences around ethics. Transparency, fairness and communication are key for establishing and maintaining an ethical workplace. Introduction In the business world today, issues of trust, respect, fairness, equity and transparency are gaining more attention. Business ethics includes organizational values, guidelines and codes, legal compliance, risk management, and individual and group behavior within the workplace. Effective leadership, with open dialogue and thoughtful deliberation, develops the foundation of an ethical workplace, is woven into the fabric of the organizational culture and is mirrored in ethical decision-making. Toward this end, all organizational...
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