Kenneth is a bank executive and when one of his customers offers him box seats to a Chicago Cubs game he knows he cannot accept them because it is not appropriate to do so. However, in some countries of the world this gift would be perfectly acceptable. This reflects a difference in
A) intellectual property laws.
B) grants-in-aid.
C) tariff restrictions.
D) business ethics.
E) ethnocentrism.

Question

Quizplus · Accepted Answer

This scenario illustrates a difference in business ethics, which are the moral principles that guide the way a business behaves. Accepting gifts can be seen as a conflict of interest or bribery in some cultures, while in others it might be considered a normal part of building relationships.

Kenneth Is a Bank Executive and When One of His