Business Ethics And Cross Cultural Management Commerce Essay

Business Ethics And Cross Cultural Management Commerce Essay Ethics, or more accurately, the lack of ethics, on the part of business and government leaders has lately received significant attention in the mass media and has been a topic of discussion among the public, as well as the different organizations in the world (Peppas 2002). Business ethics has gained the attention of many scholars and executives in both private and public sectors because of many unethical practices that are being reported. This includes the cases of large multinational organizations including Enron (Rashid & Ibrahim 2007). This is the reason why many studies about cultural differences and business ethics have been implemented in the past years. This literature review is conducted in order to analyze and evaluate the arguments regarding the different aspects that are related with business ethics and differences in cultures. Implications of Business Ethics The concept about ethics is considered as a complex matter because it is predicated on an interchange of views re garding the belief systems of individual among the citizens of any culture (Svensson & Wood 2003). The study of business ethics and its connection for the stakeholders of organizations have experienced fast growth in the past few decades. The literature about business ethics is divided on its views regarding the motivation and the cause for organizations to have their ethical dimension. The study of Harrison (2001) showed that there are two main schools of thoughts – first are those who suggest that firms are operating in order to generate profit, therefore, business ethics is considered as another means of attracting the customers, while the second are those who supported some corporate conscience as well as inherent motivation for the implementation of business ethics. On the other hand, Paul (2001) considered business ethics are very subjective in nature because it is a function of time and culture – therefore, the business ethics have changed, together with the cul tural values and norms motivated the business ethics in the national and regional boundaries. The study of Hofstede (1983) is considered as one of the most important studies which show the differences of countries or nations in terms of cultures and values. The study showed that there are 4 vital indicators which include individualism, power distance, uncertainty avoidance and masculinity which shows great differences in the culture among different nations. The study of Vinten (1991) divided the issues of business ethics in different degree, which include international business, domestic business and professional ethics. Each level constitute for different level of some unethical activities perform by organizations and businesses. Even though, there are many studies which show importance of ethics, and even though it is being followed by different organizations, there are still many reasons and disapproval of adoption of ethics in the world of business. This is connected to the stud y of Stemberg (1994) which focuses on the case of rejected relativism. It stated that ethics is seen as excessively theoretical, at the same time, contradict the primary reason of any business and it is also lacking of direction in terms of harmony across the different cultures. Â   Business Ethics and Cultural Differences

Marketing Assignment Example | Topics and Well Written Essays - 250 words - 1

Marketing - Assignment Example (Bloomsberg, 2011). The company maintains that all of its products are aimed at an older market, and that they will always promote responsible drinking. There are serious doubts about the sincerity of this claim due to the choice of bright colors and cartoonish designs on the cans, and the very sweet taste, both of which appeal to younger drinkers. The connection with Snoop Dog and rap music is also tied in with the youth market, and this may well encourage young fans to choose this drink. The pricing of the product at a rather low level is also seen as a possible encouragement for the young to buy it. The danger occurs when very young drinkers are not aware of the dangers of drinking, and when they are tempted to experiment with a product that is likely to cause health damage, and lead to erratic and risky behaviour. References Bloomsberg Businesseek and Associated Press. Online news item: â€Å"Maine AG seeks end to new high alcohol drink Blast. April 22nd, 2011. Retrieved from: h ttp://www.businessweek.com/ap/financialnews/D9MOPME00.htm Talanova, J. Colt 45’s fruit flavoured Blast drink comes under fire. CNN web page, 20th April, 2011.

Deluxe Financial Services Assignment Example | Topics and Well Written Essays - 500 words

Deluxe Financial Services - Assignment Example The firm’s slogan, printing paper checks faster and better, and more economically than anyone else, has attracted many customers to the firm. The firm’s policies regarding its proceedings and its customers have made it reach the level where it is (Clancy & Hartley, 2011). Deluxe decided to change its policy from a check printing firm to a sophisticated check retailing company. The firm maintained this approach to transformation, opting to try out new services and new customers (Clancy & Hartley, 2011). The firm presented a breakthrough known as DeluxeSelect. The invention was powered by richly detailed consumer segments profiles, which comprised of information regarding what type of check a consumer wanted. The DeluxeSelect invention also catered for the way consumers needed their checks, how they wanted the firm to communicate with them and the price they were willing to pay (Clancy & Hartley, 2011). This was the ultimate invention in the check business, and this attracted a lot of customers to the firm. The firm, therefore, went ahead to erect policies, which would maintain their customers. Deluxe rule is to put employees and customers first. Everything else, according to the firm, comes second. As expected, this has attracted many clients to the fi rm and maintained them. Deluxe is capable of handling many customers with fewer hurdles, and this has enabled the firm to grow (Clancy & Hartley, 2011). The economy, today, is turning against the people who use it. Peoples’ income, today, cannot cater to everything they need, and this has made them cut some expenses from their budget (Lowry, 2012). However, as this happens, global firms such as Coca-Cola still seem to be making the large profits, which they used to make before the economic crises. In fact, it is like the firm is getting more funds at this crucial time. It is all a matter of how Coca-Cola advertises itself (Lang, 2012).