Ethical Behavior in the Business World Essay

In the assembly line humanity thither is no place for dishonesty, arrogance or greed. People have to be held accountable they are obligated for upholding ethical business practices. The old adage Ignorance is no excuse applies in business as surface as personal lives. Corporate Leaders and CEOs have to be held to a high standard. Ethical behavior means to act in a way that is good and mutually honest for the individual and society (Mautner, 2005). This statement makes me wonder who decides what is good and mutually beneficial for society and the individual in business practices.When you deal with International Business relations it is good practice to study the business goal of that country. For example Japan acts on the principle of Wa the ancient word for the concept of peace and harmony. It basically means circle and managers and employees work in a circle of harmony. It is important to understand International culture. In Mexico it is believed that if employees have a s iesta midday production will increase. In our Western culture you would be open fire if you had a siesta on the job.If a company does non take the time to study the culture and business practices of a country they can find themselves tied up in corrupt business transactions. Is it ethical to take part in corrupt international business transactions? Legal? Explain. The answer to this research depends on the country. While it may be illegal to do this in the US, there may not be any laws enforced against this in other countries because of the different culture there that allows business subversion such as bribery as a daily business practice.Thus, ethically, this is wrong on a universal basis but it is also relative in terms of wrong or sound or ethical or not depending on the country and the moral base that they are employ as ethics are based upon morals. Thus, in the US, it is not either legal or ethical to take part in corrupt international business transactions but it may be necessary in order to compete in business in certain parts of the world as that is the way that they do business. References Japanese Etiquette and Ethics in Business / Edition 6 by Boye Lafayette De Mente International Business Law