Ethical Theory in Business Research Paper by BrainC

Ethical Theory in Business
An overview of ethical theory and behavior in business.
# 53440 | 4,121 words | 15 sources | MLA | 2004 | US
Published on Oct 27, 2004 in Business (General) , Ethics (General)

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This paper deals with the reasons for unethical behavior followed by different businesses and the understanding of the various problems that arise out of these unethical behaviors. It tests the hypothesis that unethical behavior becomes costly for multinational businesses and is harmful for their long-term existence and for the whole economy. It delves into the solutions for these unethical behaviors and the promotion of an ethical environment in organizations, as well as the overall well-being of multinational corporations and the economy as a whole.

Research Methodology

From the Paper:

"All businesses should establish its criterion in the international business arena. After setting up these standards, they ought to be distinctly divulged to the workforce and executed accordingly. In the absence of apparent benchmarks, we put employees, the enterprise and its status in jeopardy. Every U.S. regulations or company strategy need not be pursued or applied in other nations. It is significant to bear in mind those other nations and various global enterprises might have other set of rules, which should be observed. Variations in business performances, conventions, or traditions might add to the chunk of contradictory responsibilities that workers confront and hence renders it hard to establish the exact ethical way of achievement."

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