What are some of the key ethical questions facing companies doing business in a global context?

Discussion Questions

What are some of the key ethical questions facing companies doing business in a global context? What is your view of how well business has done in facing and addressing them?What is bribe? Why (and where) is it problematic? How is bribery different from a grease payment?What is relativism (all four types), ethnocentrism, and principalism? Use an example to illustrate how they are different.What are universal values and how are they (and Donaldson’s ethical algorithm) helpful for sorting out how to act in a global economy?In what ways are values and principles important for global markets as well as investment decisions by firms?What other benchmarks exist for sorting out responsible from irresponsible conduct? Which, in your view, are most helpful and which are problematic? Why?