Issues in International Business Ethics with Special Reference to Indian MNC’s

Abstract

The main objective of this research paper is to learn business ethics in today’s globalized world. Business ethics is art and science which maintain the relationship between societies, a number of groups, and institutions and help to recognize the right and wrong side of the business. Business ethics depends on Honesty, Integrity, Responsibility, Trust, Respect, Teamwork, Leadership quality, social ethics, moral modes, etc.
Business ethics decides what is wrong and what is right in the business world. Business ethics is also an application of ethics of moral strategies and principles in the business globe i.e. companies need to study. While taking any social actions international business faces several problems and challenges. So, every MNC needs to take care of certain ethical areas and social responsibilities. Also, for dealing with ethical issues MNC needs to create some codes for managing issues.