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  • Essay / Various Global Ethical Standards in Business - 2028

    “When in Rome, do as the Romans do. » This proverb is generally accepted by many people all over the world. Should this idea of ​​“cultural relativism” be applied to the development of ethical standards for international business? Or is there a single list of truths that require exactly the same behavior in different cultures, as the theory of “ethical imperialism” claims? (Donaldson, P. 477) Here I present some cases related to core business activities and business relationships among various stakeholders and their expectations in different cultures (especially USA, India and Nepal). A thorough examination of the context, cultural context (religious, historical, economic and social), politics and business norms, people's expectations and comparing human behavior to God's command will help us determine where the 'we must bow. in the spectrum of “cultural relativism-ethical imperialism”. The business behavior of Chitwan Seed Industry, where I worked as a financial director, and Rapidex Education Center, a high school where I taught business mathematics, will be presented to highlight certain ethical issues or to support effective solutions.1. Business – Customer relations Customers are kings in the market. They determine what to produce and by whom. To a large extent, the success of businesses depends on their ability to create, satisfy and retain customers. Unfortunately, many companies around the world focus on short-term profit for their customers by engaging in various unethical activities, such as deception and producing harmful products. In the United States, businesses like car dealerships and other large appliance sellers deliberately hide their... middle of paper ....... Jesus responded, “love your neighbor as yourself; which is one of the most important. of the two most important commandments. (Mark 12:29-31) In the “cashew trade” case study we saw, exporters in India and retailers in the EU and US neglect the return that farmers ( the main producer) obtain in trade and their income. economic situation. Regardless of the culture or country in which the company operates, these manners are socially undesirable and morally wrong. This is not in accordance with God’s commandment to “love your neighbor as yourself.” Justice, as Alexander Hill mentions, is not upheld. Everyone's greed overshadows God's command to work as a steward, but not as an ultimate owner. This goes against the common interest of a wider population (utilitarians) and also ignores everyone's social duty (deontologists). Works CitedBible, Alaxzeder Hill, Thomas Donaldson