Reference no: EM133176591

Question: Who will have to do this engagement?

Ethics and ethical behaviours are increasingly seen as important, both at a personal and a global level. This interest frequently focuses on organisations and, particularly, the role of business. There are a numbers of drivers for this change, including:

- corporate scandals have been an widely recognised motive behind the increased concern with ethics in business.
- pressure from various external groups who have an interest or concern with the process or the outcomes of business behaviour.
- profit, especially in the longer run; unsurprisingly it is a powerful force to change behaviour in organisations, particularly in terms of long term sustainability.
- For its own sake: because it is the ‘right thing to do'. Such a view would need the genuine commitment of the senior managers in an organisation.

Should private, profit seeking organisations behave in a socially responsible way because:
1. It is a requirement of the law?
2. Because it is the right thing to do?
3. Because it pays them to do so?

- Increasingly managers around the world are recognizing the ethical dimensions of their decisions (Thomas & Peterson, 2015)
- However the decisions that international managers make cross cultural as well as geographical boundaries
- What is morally ‘correct' changes in the face of different values and different norms

Activity:

Imagine that you are working in a multicultural team and are discussing cross-cultural business practices. You are explaining the concept of Guanxi to your team members who are Europeans and Americans.
- Do you think that you might have some difficulties?
- What do you think those difficulties might be?

Think about the two managers.
1. Which are you most likely to agree with?
2. Turn to your partner and share your decision.
3. Do they agree with you? If so, find out their reasons. If they do not, find out why not.