MGT 324 Saudi Electronic University Business Ethics and Culture Discussion

User Generated

Fzhttyre

Business Finance

MGT 324

Saudi electronic university

MGT

Description

 

“Ethical standards are greatly affected by cultural factors”. In the light of the statement, give some suggestions to develop standardized set of ethical standard for industry. Do you believe that it is impossible to develop a standardized set of ethical standards for improving industry, or do you feel that cultural differences make universal ethical standards impractical and/or impossible?

 

Unformatted Attachment Preview

Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. • All answered must be typed using Times New Roman (size 12, doublespaced) font. • Submissions without cover page will NOT be accepted. Assignment 1 Submission Date by students: Before the end of Week7 Place of Submission: Students Grade Centre via blackboard. Weight: 05 Marks CLO: Apply critical thinking to make and defend business decisions (LO 2.4) CLO: Ability to rise to ethical issues and challenges in the context of public management (LO3.3) Question: - Write a 3-page paper on the following topic: “Ethical standards are greatly affected by cultural factors”. In the light of the statement, give some suggestions to develop standardized set of ethical standard for industry. Do you believe that it is impossible to develop a standardized set of ethical standards for improving industry, or do you feel that cultural differences make universal ethical standards impractical and/or impossible?
Purchase answer to see full attachment
Explanation & Answer:
3 pages
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: ETHICAL STANDARDS

Ethical Standards
Student’s Name
Institutional Affiliation

1

ETHICAL STANDARDS

2
Business Ethics and Culture

Globally, certain business values are regarded as standards. However, business
transactions involving individuals from different cultures means that the involved persons must
recognize the acceptable ethical values for the respective societies. Consequently, appropriate
business behavior varies depending on the culture (Craft, 2018). As such, the establishment of a
successful global business, standard means that the cultural aspect of different societies must be
taken into consideration.
For instance, to facilitate a standardized set of business ethics, organizations that operate
in regions with a strong cultural impact on business activities, should ensure that their business
decisions adapt to the culture of the day. This means that the top management implement
strategies that will ensure the staff is trained and informed on the culture of the surrounding
community. Similarly, as the employees get details of the culture, the business operations should
be aligned following the acceptable ethical values within the community. To facilitate the
positive relationship between the two parties, the enterprise should ensure that its practices cater
to the interest of the culture around (Craft, 2018...


Anonymous
Nice! Really impressed with the quality.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags