Ethics in international business

Read the ProQuest journal article by Richard DeGeorge on Ethics in International Business. Also review the case study of Levi Strauss & Co. or http://www.esri.com/library/casestudies/levistraus… and the International Chamber of Commerce website on The ICC (International Chamber of Commerce) Rules on Corruption

Answer the following questions:

1) Which Article of the ICC Rules on Corruption makes Bribery of an international official prohibited?

2) What are the Caux Principles based on? In what country where the Caux Principles agreed to?

3) If a company can outsource production to a developing country and pay workers $10 or more less than American workers, is that necessarily unethical or good business? Explain your answer and support it with at least 2 credible resources .

Answer preview

ICC Anti-corruption rule is made to apply to contract incorporates and are encouraged to incorporate Anti-Corruption Clauses. Anti-Corruption Rules. ARTICLE 1 is the one that prohibited bad Practices in which enterprises shall prohibit Bribery, Solicitation as well as Extortion, trading in pressure, and alerting the proceeds of all aforementioned Practices that are deemed to be corruptive at any time as well as of any kind, in relative to a Public Official local level, international, national along with at a political party level.(369words)