In an essay what are the ethical issues in international bus

In an essay what are the ethical issues in international business

Solution

International business is a global term that is irresistible in today\'s global world and global expansion.Business that needs to be successful in a wide range should be expanded in an international level and the brand or its tagline should be familiar to people living all over the world.The fame of a brand can be estimated when it does not belong to one country but it is everywhere globally.For this aspect of expansion the business owners have to consider many factors that should be analysed and deep care and consideration should be given for those aspects .A few of the ethical aspects that should be considered in international business are the following.

International business should first analyse the cultural aspects and cultural nature and background of any country before their introduction or expansion of business. No business should be introduced in a country which has a negative impact on their cultural background. The inmates of the country will definitely not accept things or business which will spoil or deeply affect their rich cultural heritage.

The second point of thinking should be to do honest business in the new land.Corruption in any form should not be encouraged in the process of business establishments or expansion.Many countries have their own rules or policies in regard to the nature of corruption.This differs according to different countries and the policies they adapt.New business owners should be able to tackle such problems without involving themselves in corruption but maintaining a formal relation with inmates of the country.

The third point of consideration of ethical issue in international business should be the development of economical status of the country by providing employment to the people of the country doing international business. It not only being a a positive and healthy attitude towards the business and product but also the growth of the business canbe seen on a higher scale.Rules and regulations should be followed and respected in due course.

Business in international market will be welcomed when it becomes a part of their society. Profit or earning money should not be the only goal of the business.Something good or beneficial should be done to the society by being socially responsible. A part of their fund should be allocated for such activities.

Pollution is another major aspect that is supposed to be taken good care of.If the business brings out pollution in any form then it will be doomed for ever. So care should be taken to avoid pollution at any cost.

All these ethical aspects are very important in an international business scenario.A business will prove success internationally when all these formula is put in the right place.