International business consists of trades and transactions at a global level. These include capital, technology, services, goods, knowledge etc.
It involves cross-border agreements between two or more countries, entities, cities or companies.
People also know International business as Globalization because it refers to the tendency of international arrangements, investments and outsourced manufacturing which eliminates barriers to make cross-border trade easier and develop communication.
I believe everything is better with globalization, unfortunately what happens with all the good things that people create, is that some abuse of their power.
But what happen if instead of trying to take advantage of others we encouraged a win-win business plan? Of course both parts will be happy and will try to repeat it more. That’s the difference between ethic and unethical people.
Business ethics (also known as corporate ethics) is a form of applied professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
Business ethics reflects the philosophy of business, of which one aim is to determine the fundamental purposes of a company
Ethics are the rules or standards that govern our decisions on a daily basis. Many consider “ethics” with conscience or a simplistic sense of “right” and “wrong.” Others would say that ethics is an internal code that governs an individual’s conduct, I believe ethics represent your seal.
Economist Milton Friedman writes, “responsibility… generally will be to make as much money as possible while conforming to their basic rules of the society, both those embodied in law and those embodied in ethical custom”, thats what I believe also.
Interest in business ethics accelerated dramatically during the 1980´s and 1990´s, both within major corporations. For example, most major corporations today promote their commitment with internal programs as social responsibility.
Many organizations care that other people know that their values are very important to them, while others do not care that much or does not mean a lot to them. It will depend on what the company wants that both internal and external people believe from it.
So if you are going to join an international business company what i can recommend you is consider first: ¿Does this company share my same values? That’s the only way it will represent the best place to work for you in the future. If not, easy, look for another one.