Posted: March 26th, 2021

Cultural differences and ethical standards

Your Module 3 readings explained that understanding cultural differences are critical to success in international business. A country’s culture reflects and shapes its values, and each country adopts laws that reflect their prevailing ethical standards.

Consider the following scenario:
To assist the sale of your products in a particular foreign market, you are advised to pay a 10 percent commission to a go-between who has access to high-ranking government officials in that market. You suspect, but do not know, that the go-between will split the commission with the government officials who decide which goods to buy.

Use your module readings, the Argosy University online library resources, and the Internet to research the importance of understanding cultural differences in global business. Then, respond to the following:

·  Should you pay the 10 percent commission? Justify your response.

·  Does it make a difference if your competitors routinely pay such commissions? Explain why this may or may not have an impact on your decision.

·  Do you think there should be more or fewer attempt to regulate international ethics? Why? Justify your answer using the research you have done in preparation for this assignment.

Write your initial response in 300 words. Apply APA standards to citation of sources.

 

Assignment 1 Grading Criteria

Maximum Points

Initial response:

·  Was insightful, original, accurate, and timely.

·  Was substantive and demonstrated advanced understanding of concepts.

·  Compiled/synthesized theories and concepts drawn from a variety of sources to support statements and conclusions.

16

Discussion response and participation:

·  Responded to a minimum of two peers in a timely manner.

·  Offered points of view supported by research.

·  Asked challenging questions that promoted the discussion.

·  Drew relationships between one or more points in the discussion.

16

Writing:

·  Wrote in a clear, concise, formal, and organized manner.

·  Responses were error free.

·  Information from sources, where applicable, was paraphrased appropriately and accurately cited.

8

Total:

40

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00