The cultural relativist’s creed-When in Rome, do as the Romans do-is tempting, especially when failing to do as the locals do means forfeiting business opportunities. Likewise, if Belgians fail to find insider trading morally repugnant, who cares? Not enforcing insider-trading laws is no more or less ethical than enforcing such laws. If the people of Indonesia tolerate the bribery of their public officials, so what? Their attitude is no better or worse than that of people in Denmark or Singapore who refuse to offer or accept bribes. According to cultural relativism, no culture’s ethics are better than any other’s therefore there are no international rights and wrongs. One answer is as old as philosophical discourse. Such difficulties are unavoidable for businesspeople who live and work abroad.īut how can managers resolve the problems? What are the principles that can help them work through the maze of cultural differences and establish codes of conduct for globally ethical business practice? How can companies answer the toughest question in global business ethics: What happens when a host country’s ethical standards seem lower than the home country’s? Competing Answers What works in a company’s home country can fail in a country with different standards of ethical conduct.
Should a company invest in a foreign country where civil and political rights are violated? Should a company go along with a host country’s discriminatory employment practices? If companies in developed countries shift facilities to developing nations that lack strict environmental and health regulations, or if those companies choose to fill management and other top-level positions in a host nation with people from the home country, whose standards should prevail?Įven the best-informed, best-intentioned executives must rethink their assumptions about business practice in foreign settings. Without a backdrop of shared attitudes, and without familiar laws and judicial procedures that define standards of ethical conduct, certainty is elusive. Send us feedback.When we leave home and cross our nation’s boundaries, moral clarity often blurs.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'displace.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Peter Greenberg, CBS News, 3 June 2022 See More New York Times, 17 June 2022 With planes full, the airlines are reluctant to displace revenue passengers with award tickets. Loren Thompson, Forbes, 7 July 2022 Cancer of the uterus, also called endometrial cancer, is increasing so rapidly that it is expected to displace colorectal cancer by 2040 as the third most common cancer among women, and the fourth-leading cause of women’s cancer deaths. Taras Grescoe, Smithsonian Magazine, 28 July 2022 Both parties favor robust military spending, suppression of Islamic terrorists, strengthening NATO and countering China’s moves to displace America as the dominant global power. Giacomo Bologna, Baltimore Sun, 18 July 2022 In this century, flooding and sea level rise could displace anywhere from 150 million to one billion people. Wired, 14 July 2022 The second phase of the development was supposed to displace the Eaddys, whose family has lived for decades in a three-story rowhome at the intersection of North Carrollton Avenue and Sarah Ann Street. 2022 He’s been described as a guy who plays like a bull in a China shop, and one who already has good hand control and can easily displace opposing lineman.Īshley Bastock, cleveland, 19 July 2022 But at this point, the idea that artistic AI tools will displace workers from creative jobs-in the way that people sometimes describe robots replacing factory workers-appears to be an oversimplification. Recent Examples on the Web These experiments add substantially to our understanding of the fitness of variants and how one virus can displace another.
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