Foreign Bribary

Since moral standards vary across cultures, firms that develop in global markets have to face more complex ethical issues than if they just made business in one country and one culture. Laws and customs in one country don't necessarily agree with the laws and customs from another country and that is what makes the international business system so complex. In many cases it is recommended to honor customs in the country where business is being …

…United States outlawed foreign bribing 22 years ago but it wasn't until now that other nations followed suit. Ethical issues abroad is a topic that is still in a very early stage of development but is also a very delicate one. It requires a great amount of effort from all the nations to control the wrongdoings in the business environment according to a general concept of ethical values since they all differ from country to country.