c hapter 5. ethics and social responsibility in international business. Chapter Objectives 1. Describe the nature of ethics Discuss ethics in cross-cultural and international contexts Identify the key elements in managing ethical behavior across borders
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ethics and social responsibility in international business
Ethics is an individual's personal beliefs about whether a decision, behavior, or action is right or wrong.
Behavior of Employees
Toward Other Economic Agents
Some businesses in Africa have taken steps to educate their employees about how AIDS is contracted.
Guidelines or codes
Corporate social responsibility is the set of obligations an organization undertakes to protect and enhance the society in which it functions.
Obstructionist Defensive Accommodative Proactive
A corporate social audit is a formal and thorough analysis of the effectiveness of the firm’s social performance.
Define social goals
Analyze resources devoted
to each goal
Determine degree of
achievement for each goal