Business Ethics in Germany PDF

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Business Ethics in Germany
Instructor: Manegold ...

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Nick Lennemans MAN 3063 Organizational ethics & Values Professor Manegold

Business Ethics in Germany Business ethics comes in the form of professional conduct that examines ethical values and ethical problems that arise in any business environment. It applies to all aspects of business conduct and the behavior of everyone within the organization. Germany is known to be a leader when it comes to high ethical and professional standards in the global corporate world. It has used many bribery and corruption policies, laws and regulatory guidelines to reduce the breach of ethical standards to avoid any unethical behavior. Even though organizations provide policies and guidelines it’s also important to construct anti-corruption laws that will help curb a violation of ethics. I strongly agree with the fact Germany has strict anti-corruptions policies that apply both to domestic and foreign entities and organizations. I can think of many examples one of them being Nike and their constant dilemmas and inquiry from their abroad and overseas manufacturing workplaces. I never hear of Nike being unethical within the U.S. but many inquiries are always happening far from home. From previous commentaries on this post many pointed out to the corruption of major companies and organization well known on a global base. In many cases you can’t take the word of an organization that their being ethical, I would prefer a to see the method used in Germany where anti-bribery and corruption policies are actually being enforced to better protect

consumers and individuals from mistakes of companies being unethical and taking an advantage if possible. In conclusion, I would like to see a global ethical standard that involves organizations being good corporate in the corporate world while being socially responsible. Recent transformations in the global economic and technological environment have allowed German firms to expand their foreign investment and cooperations and reaching out as an example for other corporations to follow high ethical standards while still being strategic to remain a successful organization....