Does Diversity Promote Cultural Values Impact Business...

Running head: INTERNATIONAL BUSINESS: DOES DIVERSITY IN CULTURAL VALUES IMPACT BUSINESS ETHICS? 1 INTERNATIONAL BUSINESS: DOES DIVERSITY IN CULTURAL VALUES IMPACT BUSINESS ETHICS? 16 + International Business: Does diversity in cultural values impact business ethics? Esteban Ayala, Roland Ledesma, Chris Linehan, Peggy Smith, and Jennifer Weidemier University of the Incarnate Word ABSTRACT The purpose of this paper is to define common nomenclatures for international business (definitions), identify the impact of cultural diversities on international business ethics (problems), provide diverse cultural examples from China, India, Figi, Japan and Indonesia (case studies), and suggest recommendations to improve ethical†¦show more content†¦The diversity of cultural values impacts international business practices in dramatic and complex ways. (Anyanwu Nweake, 2014). This paper will define common nomenclatures for international business (definitions), identify the impact of cultural diversities on international business ethics (problems), provide diverse cultural examples from China, India, Figi, Japan and Indonesia (case studies), and suggest recommendations to improve ethical dilemmas for international business practices challenged with integrating their businesses into diverse cultures globally. DEFINITIONS The definitions in Table 1 and ethics models in Table 2 will be adopted for the purpose of this paper. Table 1 Definitions Business ethics The application of general ethical ideas to business behavior (Anyanwu Nweake, 2014). Unethical behavior Pertain to the act of deception that depicts an intention to increase an opportunity in one’s favor in an unlawful manner that pertains to organizational interest and goals (Tran, 2010). Examples of unethical business behavior Include bribery, corruption, corporate stealing, infringement of intellectual property, creative accounting, fraud, misleading advertising, passing off defective products as good ones, child labor, etc. (Tan Ko, 2014)Show MoreRelatedCultural Diversity in the Workplace Essay968 Words   |  4 PagesErica L. Munsey Cultural Diversity In The Workplace Sociology 220B There is presently more than 60% percent of the United States work force that consist of immigrants, minorities and woman. Current studies show that in the next 10 – 15 years such groups will rise to 90% in the work force. 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