Ethical Issues in Business DB Essay Example | Topics and Well Written Essays - 250 words

Ethical Issues in Business DB - Essay Example American culture however, does not recognize friendship in business. As a result, practices such as personal contacts towards monetary appreciations in transactions are considered corrupt and are unethical. A practice may therefore be ethical in one community but unethical in another community because of the involved cultural differences that establish ground for ethical considerations (Ambler, Witzel & Xi, 2009). Taking part in corruption in an international transaction may therefore be ethical or unethical, depending on a person’s culture. An individual whose culture considers corruption ethical will therefore assume its morality in an international business transaction while a party whose culture considers corruption unethical will assume a corrupt activity in an international business transaction to be immoral. Corruption in international business may also be legal or illegal. This is because of difference in domestic laws that may allow for or prohibit corruption (Czinkota, Ronkainen & Moffett,