BMAL-590 Week 2 Business
Ethics/Ethical Perceptions and
International Business Section 3
self-reference criterion: - correct answer ✔✔an unconscious reference or comparison to one's familiar
cultural values, experiences, and knowledge.
Cultural relativism: - correct answer ✔✔the concept that morality varies from one culture to another
and that business practices are therefore differentially defined as right or wrong by particular cultures.
Ethical relativism: - correct answer ✔✔the belief that only one culture defines ethical behavior for the
whole globe with no exceptions.
business relativist: - correct answer ✔✔there may be no ethical standards except for the one in the
transaction culture or none at all. Such individuals may adjust to the ethics of a particular foreign culture
or use their own culture as a defense against something perceived as unethical in a foreign country. The
disadvantage is that they may be in conflict with their own individual moral standards and perhaps with
their own culture's values and legal system.
Caux Round Table in Switzerland: - correct answer ✔✔created an international ethics code in
collaboration with business leaders in other European countries, Japan, and the United States.
international ethics code concern: - correct answer ✔✔to develop not only the legal limitations for
behavior but also incentives for self-regulation and ethical conduct that are acceptable in a global
business environment
what is the key to improving global and legal performance? - correct answer ✔✔determining the
relationship between national differences in individual moral philosophies and the corporate core values
in management systems.
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