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Culture affect ethical standards and shape business behavior

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Reference no: EM132738443

Some individuals who are engaged in international business transactions have reported a cultural component to ethics. You are working on opening a branch of a food distribution operation in a foreign country, and a local official suggests that a little cash would help your company get started.

Research international business and ethical standards, and answer the following questions:

In what ways can culture affect ethical standards and shape business behavior?

Is it ethical to take part in corrupt international business transactions? Legal? Explain.

 

Reference no: EM132738443

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