Example of some rules of International Business Ethics

10 Rules of International Business Ethics

Rule 1: If you strive to understand the values of different cultures, you will find common points.

Rule 2: if you analyze the facts, you will realize that honesty and reliability benefit you.

Rule 3: if you analyze case studies from different perspectives, you will discover the benefits of fair play.

Rule 4: Respecting your colleagues is the smartest investment you can make.

Rule 5: To increase productivity, provide safe and healthy working conditions.

Rule 6: To inspire trust, make your performance transparent.

Rule 7: Your loyal dissent can lead your institution in the right direction.

Rule 8: Downsizing your labor force is only beneficial when you respect each stakeholder.

Rule 9: To establish your brand name, act as a fair competitor.

Rule 10: Reduce the gap between the rich and poor by developing a new social security system.

For more information, you can click this link:
http://www.scu.edu/ethics/publications/ethicalperspectives/business-china.html

In my opinion, rules of international business ethics is important to ensure a clean business and prevent corruption. Besides, these rules can help to guide businessman or business woman to lead their business on top of the world. The implication of following these rules is many company will interested to invest in our company because they believe in us due to the way we deal our business. Not only that, these rules will help us in maintain our relationship with investors who believed that we will not disappointed them. By maintaining the investors who will bring the business to large profit, our business will be well-known to other competitors.

Post by Norshafiqah, A139386