Ethics and Social
:an individuals personal beliefs about whether a decision, behavior,
or action is right or wrong
So if ethics are
about what an
Ethical behavior versus unethical behavior
This is where culture c
What do you expect to get out of this class?
Discuss the meaning of international business
Explain the importance of understanding
The Role of Culture in
What is Culture?
the collection of values, beliefs, behaviors, customs, and attitudes
that distinguish one society from another
culture is a social construction
Characteristics of culture:
International Trade and
International Trade and the World Economy
Trade: voluntary exchange of goods, services, assets, or money
between one person or organization and another.
International Trade: trade between residents of two
The United States of America
Worlds largest economy
21% of the worlds GDP in 2011