What you’ll learn to do: describe ethical challenges that businesses face in a global environment
The ethical landscape of international business is cloudy, and the diverse nature of cultural, political, and legal systems around the world often makes the line between ethical and unethical business practices difficult to negotiate. In this section you will learn about some of the ethical challenges and issues that businesses face in global markets.
The specific things you’ll learn in this section include:
- Explain why forms of corruption such as bribery are so widespread and difficult to regulate
- Summarize the key parts of the Foreign Corrupt Practices Act
- Define sweatshop, and explain how it relates to global business