Ethical Decision Making in International Business

Ethical decision-making in international business involves evaluating choices based on moral principles while considering diverse cultural norms and legal standards across countries. Businesses must navigate complex situations, balancing profit with respect for human rights, environmental practices, and fair labor. This process involves gathering relevant information, understanding the impact of decisions on various stakeholders, and aligning actions with core values and ethical guidelines. Ultimately, ethical decision-making aims to foster trust, sustain long-term success, and contribute positively to global society while maintaining competitiveness in the international market.