MGCR 382 Chapter Notes - Chapter 5: Foreign Corrupt Practices Act, Alien Tort Statute, Civil Society

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Mgcr383 chapter 5 notes: ethics and social responsibility. The nature of ethics and social responsibility in international business. Ethics an individual"s personal beliefs about whether a decision, behaviour, or action is right or wrong. Ethical behaviour refers to behaviour that conforms to generally accepted social norms. Unethical behavioiur behaviour that does not conform to generally accepted social norms. Perceptions of the behaviour of parents and other adults they deal with as a child. Everyday occurrences that force participants to make moral choices. Individuals have their own personal belief system about what constitutes ethical and unethical behaviour. People from the same cultural contexts are likely to hold similar but not necessarily identical beliefs as to what constitutes ethical and unethical behaviour. Individuals may be able to rationalize behaviours based on circumstances. Individuals may deviate from their own belief systems based on circumstances. Ethical values are strongly affected by national cultures and customs. Values things a person feels to be important.

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