The Importance Of Business Ethics In Japan

1083 Words5 Pages
Business ethics are a set of moral rules that govern how a business operates, how people should be treated within an organization, and how business decisions are made. They are a crucial part of employment and in managing a sustainable business, mainly because of the serious consequences that can result from decisions made with a lack of regard to ethics. Even if you don’t believe that good ethics don’t contribute to profit levels, you should realize those poor ethics have a negative effect on your bottom line in the long-run. Every business in every industry has certain guidelines to which its employees must stick to, and regularly outline such aspects in employee handbooks. Cultures set up the network of people and positions with whom we…show more content…
Japan is also differentiated by the widely known comparison between other nations, especially those of Europe when it comes to lifestyle and how various economical groups live similarly, since there are no foreign populations in japan the advantage is given to those of authentic Japanese origins regarding the fact they follow their traditions and ethics. Japan has lived five main stages until 1990’s, in which the definition of business ethics has changed radically. We will be stating the five main periods and describing how Japanese companies dealt with their social and legal responsibilities: 1. Prior to the mid 1960’s: Although many philosophers and business leaders emphasized the importance of implementing business ethics in companies, but it had not been taken seriously by the Japanese business community. Japan’s attention after WW2 was its economic development, and this explains why its companies never seemed to address any social or environmental…show more content…
c) the Society of Economic Sociology: also formed a working group of business ethics. In this research, our aim is to compare the business ethics in both Germany and Japan. We will be discussing Germany’s culture and how the definition of business ethics changed over time, then we will move to the comparison. Germany is situated in northern central Europe. It shares its boarders with nine other European nations (Austria, Belgium, Czech Republic, Denmark, France, Luxembourg, the Netherlands, Poland, and Switzerland), which makes it in the middle of one of the most attractive trading zones in the world. From its position on the North Sea and the Baltic Sea in the north, Germany has easy access to the Nordic nations and the United Kingdom. Germany’s capital is Berlin which is the country’s largest city in terms of area and one of the most influential centers in European politics and culture. It is considered the largest European economy and one of the largest economies in the
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