BUSI 4601 Chapter Notes - Chapter 11: United Nations Global Compact, Cognitive Bias, Golden Rule

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Chapter 11 CSR in global environment
1. Individual Perspective
a. Difficult of foreign business assignment
b. Need for structure /training/ guidance
Culture intelligence (CQ): ability to adapt cross-cultural
Knowledge component: knowledge on new culture
and learning approach
Motivational: confidence to adapt
Action: ability to translate knowledge --> action
c. Foreign language proficiency
d. Learning about culture
i. Individualistic
ii. Collectivistic
iii. Masculine
iv. Feminine
v. Uncertainty avoidance
vi. Power distance
vii. Time: LT vs ST
viii. Indulgence: there is basic drives that enjoy life
ix. Restraint: strict social norm
2. Ethics across culture assumption
a. Behavioral consistency
b. Cultural homogeneity
c. Cultural similarity
d. Selection perception and cognitive bias
3. Ethical related training and guidance
a. Recognize and deal with ethical issue
b. Negotiate across culture
c. Deal with payoff and bribe
4. Different ethics standard across culture
a. Similar
i. Golden rule
ii. Honest/fair
iii. Integrity
b. Different
i. Equity
ii. Distribution based on need
5. Ethical threshold: develop based on few core value
Ethical imperialism: same standard in every culture
Ethical relativism: follow other culture, not impose on own standard
Step
Develop ethical threshold
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