In: Operations Management
(International Marketing Ethical) The relationship between leadership, ethical business practices, social responsibility, cultural differences, and global marketplace success. Is the business practice and process applicable, feasible, or ethical in the cultural climate of the country (or countries) of operation? (Must be 250 words)
The businesses done based on the concept of making money and profit as well.But,has to concern the customer's or client's requirement.Its all about the business practices ,startegies they follow and leadership follows by ethical practices for setting the mark and maintain the goodwill.
World market or International market is vast and tough to reach sustain.So,there has to leadership quality and need some strategies and business practices to excel.Globalisation is being existing is the world from more than last 10 years.There are various countries having different cultures and ethical issues and having differences among them still creates spaces for businesses from different counties to open.Many kinds of businesses are there which are existing world wide in many countries irrespective of the cultural practices.I would like to edplain with the example of -Phones,all over the world almost 80%using the phones ,anyone can use the phone no matter what culture you are following.And its the responsibility of the busniess leader to practice ethics in the ground,undersatnd the customer's need and try to solve the problems as well and not only focus on making money. And the good leadership quality also comes and associated with the social responsibility and which is associated with the commercial,economic performances.Social responsibilty is the reflection of the ethical leadership.Business practices and processes are applicable and feasible as well in varoius countries.In the era of globalisation most of the countries are changing their culture and habbits.If we say about dresses and using of gadgets and foods all these are becoming available an being used by most of the active countries.So,why not to follow and practice the ethical leadership and take care of social responsibilities and influencing the market and its own commercial performances nad operational performances.