Ethical Issues in Business DB Essay Example | Topics and Well Written Essays - 250 words

Ethical Issues in Business DB - Essay ExampleAmerican farming however, does not recognize friendship in business. As a result, practices such as personal contacts towards pecuniary appreciations in transactions are considered corrupt and are unethical. A practice may therefore be ethical in one community but unethical in another community because of the problematical cultural differences that establish ground for ethical considerations (Ambler, Witzel & Xi, 2009).Taking part in corruption in an world-wide transaction may therefore be ethical or unethical, depending on a persons culture. An individual whose culture considers corruption ethical will therefore get in its morality in an international business transaction while a party whose culture considers corruption unethical will assume a corrupt activity in an international business transaction to be immoral. Corruption in international business may also be legal or illegal. This is because of difference in house servant laws t hat may allow for or prohibit corruption (Czinkota, Ronkainen & Moffett,