Chapter 4, Ethics in International Business: In the wake of the numerous ethical scandals that swept through the business world recently, greater emphasis is placed on this vitally important topic. Like the text, the chapter is both rigorous and practical, covering not only the foundations of ethics, but also how ethics informs strategy as well as “how-to” steps for implementing ethics into strategic operational decisions. T his chapter provides efficient coverage of ethics which is recommended by the Association to Advance Collegiate Schools of Business (AACSB).
Material has been inserted wherever appropriate to reflect recent academic work or important current events. For example, all statistics have been updated to incorporate the most recently available data. New examples, cases, and boxes have been added and older examples updated to reflect new developments. New material has been inserted wherever appropriate to reflect recent academic work or important current events.
The Focus on Managerial Implications sections at the end of each of the theory and foundation chapters in Parts One, Two and Three explain how theory translates to practice.
Country Focus boxes provide background on the political, economic, social or cultural aspects of countries grappling with an international business issue, raising students’ awareness of how national and geographic differences affect the conduct of international business.
Management Focus boxes provide lively illustrations of the relevance of chapter material for the practice of international business.
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