Business Ethics and the Chinese Market

2924 Words6 Pages

I believe that standard business ethics cannot be possible internationally. Culture varies from society to society. The change in culture varies due to various reasons it depends on economic and legal factors. Political and legal factors play a vital role and that differentiate from one culture to another that is why I believe that business ethics can never be universal. Considering the example of China where government put a check on online information. Google has a big concern over the Chinese market because many web pages were blocked within that region. Culture also have great influence in emerging economies as it can be observed that in many countries offering expensive gifts in corporate world is consider as bribe especially in United States or Canada while in few countries it is ethically acceptable. Here, sharing expensive gifts even to politician in power is illegal but companies provide them as a bribe otherwise they will not receive any favors from the government. To run smooth business it is important to not to have any barriers for that company avail this option of gifting bribe to high officials even the foreign corporation does not hesitate to follow this same practice. Chinese is suppose to be as the big market, which helps in generating revenues because of this reason Google had to change their ethical rules for China, and has to follow their rules and Chinese government also did not them to lose. The role of cooperation is to establish a relation of profit that creates a support to their investors. The rules and laws of the corporation follows the sets, which are made by National Government of the country where they are operating however, they do not mainly play a role in changing the ethics of the c... ... middle of paper ... ...ucious%20connection%20120505%20science%20direct.pdf). Cox, T., and Blake, C. (1991). Managing Cultural Diversity: Implications for Organizational Competitiveness. Academy of Management Executive vol. 5 (3). Retrieved from (http://www.jstor.org/discover/10.2307/4165021?uid=3738832&uid=2&uid=4&sid=21101348728463). Hitt, M., Lee, H., and Yumel, E. (2002). The Importance of Social Capital to the Management of Multinational Enterprises: Relational Networks among Asian and Western Firms. Asia Pacific Journal of Management vol. 19 (2). Retrieved from (http://link.springer.com/article/10.1023%2FA%3A1016247920461?LI=true). Welbourne, P., Harrison, G., and Ford, D. (207). Social Work in UK and the Global Market Recruitment, Practice and Ethical Considerations. International Social Work vol. 5 (1). Retrieved from (http://isw.sagepub.com/content/50/1/27.short).

More about Business Ethics and the Chinese Market

Open Document