Conducting business in international contexts

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Question

Business ethics can be a tricky subject. Conducting business in international contexts can be even trickier in terms of the kinds of conflicting ethical values and standards that sometimes exist across different cultures. One possible solution is to always follow the local ethical practices and standards of the foreign countries in which business is conducted. Is this a good ethical strategy for managing international business ethics. If it is, explain why this is a good approach. If is not, explain why and suggest a more suitable alternative.

Reference no: EM133402804

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