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Essay / Research Paper Abstract
5 pages. International business requires the same type of business ethics that one would expect to find in any business. Even more so, it is important to understand the host country and what is required in doing business in a different country. This paper explains all of this and more, citing examples throughout. Bibliography lists 9 sources.
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5 pages (~225 words per page)
File: D0_JGAibeth.rtf
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in doing business in a different country. This paper explains all of this and more, citing examples throughout. ETHICAL WORKING RELATIONSHIPS WITH OTHER COUNTRIES There exist a number
of elements within the boundaries of multinational businesses and government relations. Companies that employ such "growing diversity" (Tung, 1996, PG) open themselves up to a combination of cross-national and
intra-national concerns unique to their particular situations. As the Coca-Cola Company found when entering the business market in Venezuela, establishing a positive working relationship between government and multinational businesses
is of critical importance, as this is fundamental to the continuation of future diversity. The factors that contribute to this blending of relations include a number of various applications:
* Globalization of industries; * Formation of global strategic alliances; * Quantum advances in telecommunications and data processing; * Organizational restructuring; * Growing diversity in the
domestic workforce; and * Increasing mobility of the workforce across international boundaries (Tung, 1996, PG). Government relations with multinational businesses also depend a great deal upon the ability
to "balance the conflicting demands of global integration versus local responsiveness" (Tung, 1996, PG); establish diverse industrial backgrounds; and develop a core of competency. McDonalds Corporation has found that
in expanding to other countries not all relationships are dealt with in the same manner, as there exists a multitude of variations between and among individual multinational businesses. ETHICAL
DECISION-MAKING Ethics, business, government and society must work in tandem or there is no purpose for any of its existence. Unethical practices are what harbor ill will and create
a climate of contempt and distrust, which is no way to run a business, be it personal or otherwise. "...It is a necessary and critical ingredient in the successful
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