Question

Could there ever be a uniform Global Business Ethics Policy adopted similar to what happened or transpired with the creation of the United Nation's offering of a "Convention on Contracts for the International Sale of Goods*" or are ethics and values “relative” and too “cultural based”?

An International Business Ethics Policy is about articulating, identifying and insuring ethical standards and conduct for those (persons & companies) engaging in international business practices whatever or wherever the business circumstances. In other words, you are considering an international consensus on a business ethics policy to be applicable for international business by business persons and companies located everywhere.

Answer 1

SOLUTION

GLOBAL BUSINESS ETHICS

The field of ethics is a branch of philosophy that seeks to address that seeks to address the questions about morality - that is , about concepts such as good and bad , right and wrong , Justice and virtue. Ethics impacts many fields - not just business - including medicine, government, and science, to name a few. We must first try to understand the origins of ethics - whether they come from religion, philosophy, the laws of nature, scientific study, study of political theory relating to ethical norms created in society or other fields of knowledge.

WHERE DO OUR VALUES COME FROM

Just as people look to history to understand political, technical and social changes so too do they look for changes in thinking and philosophy. There is a history to how thinking has evolved over time. What may or may not be acceptable just hundred years ago may be very different today - from how people present themselves and how they act and interact to customs , values and beliefs. Ethics can be defined as a system of moral standards or values. A sense of ethics is determined by a number of social, cultural, and religious factors ; this sense influences us at the beginning. People are taught how to behave by their families, exposure to education and the society which they live.

IMPACT OF ETHICS ON GLOBAL BUSINESS

At first it may seem relatively easy to identify unethical behaviour . When the topic of business ethics is raised and , most people immediately focus on corruption and bribery. While this is the critical result of unethical behaviour , the concept of business ethics and in the context - global business ethics is much broader. It impacts human resources, social responsibility, and the environment.The areas of business impacted by global, moral and socially responsible behaviour include the following

Ethics and management

Ethics and corruption

Cooperate social responsibility

Gift giving in the global business world is used to establish or pay respects to a relationship. Bribery on the other hand , is more considered the practise in which an individual would benefit with little or no benefit to a company. Its usually pain in relation to winning a business deal, whereas gift giving is more likely to be ingrained in the cultural and not associated with winning a specific piece of business.

The practice of using connections to advance business interests exist in just about every country in the world. However the extend and manner in which it is institutionalized differs from culture to culture.

In western countries, connections are viewed informally and even with a negative connotation. In the United states and other similar countries professionals prefer to imply that they have achieved success on their own merits and without any connections. Gift giving is not routine in United states except during the winter holidays , and even the gift giving involves the modest expression. Business operating in the United states send modest gifts or cards to their customers to thank them for business loyalty in the previous year. Certain industries , such as finance, even set clear legal guidelines restricting the value of gifts.

Hence, Yes there could be uniform global business ethics policy with the creation of United states .