Business Ethics

What Advantages do Business Practices Programs Provide to Organizations? Business leaders increasingly recognize the direct relationship between fulfilling a company's responsibilities and corporate survival. An effective business practices program ensures: *<Tab/>A Marketplace Advantage: Customers and investors cite corporate practices and values as primary considerations in their decision-making. *<Tab/>Superior Employee Performance: Companies with sound business practices and established values report improved employee morale, reduced employee turnover …

…across borders must be careful about adopting new technologies that alter the context of their interaction with people in other countries. Caution is needed since misunderstandings can occur if people with a different cultural background decide that new communications procedures are not suitable substitutes for face-to-face interaction. In some countries, for example, videoconferencing is considered to be an unacceptable medium for conducting business, if only because it places people from high-context cultures at a disadvantage.