How Ethics affect International Business

International business deals not only with different currencies and languages but also with different
beliefs and cultures.

As a business is highly affected by how the public or its stakeholders view them, establishing business
ethics to be followed by every member of an organization is important. The public and their current
stockholders or investors may decide to pull out their investment from the business and cease supporting
it if their actions are not acceptable for their beliefs. Likewise, not only their reputation to their customers
would be at stake by a single unethical mistake, but also their future expansion plans. International
business owners would most likely want to establish their business in several countries, however, some
countries might not want to accept or patronize their products and services if they do not display ethical
behaviors in doing business.

In conclusion, international business needs ethics to continue thriving in the business world and earn the
trust of their stakeholders. By showing how their business has good ethics, many will want to try their
products and invest in their projects, and talented individuals will wish to apply for a position in their
company.