GMS 200 Chapter 3: Chapter 3

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Sui Sui

Document Summary

Ethics sets standards of good or bad, or right or wrong, in one"s conduct. Ethical behaviour is right or good in the context of a governing morale code: laws, values, and ethical behaviour. Values broad beliefs about what is appropriate behaviour; ethical questions extend to personal values. * terminal values preferences about desired and end states. * instrumental values preferences regarding the means to desired ends: alternative views of ethics. Cultural relativism suggests there is no one right way to behave; ethical behaviour is determined by its cultural context. Universalism suggests ethical standards apply absolutely across all cultures. Ethical imperialism an attempt to impose one"s ethical standards on other cultures. How international businesses can respect core or universal values: respect for human dignity. Create culture that values employees, customers, and suppliers. Produce safe products and services: respect for basic rights. Protect rights of employees, customers and communities www. notesolution. com.