Many US Managers Fail to Realize That the Values and Behaviors

question 57

True/False

Many U.S. managers fail to realize that the values and behaviors that typically govern how business is done in the United States do not translate to the rest of the world.

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Definitions:

Ethical Behaviour

Acting in ways consistent with what society and individuals typically think are good values.

Self-Interests

The focus on one's own benefit or advantage, especially when pursued without regard for others.

Utilitarian View

An ethical philosophy that posits the best action is the one that maximizes utility, generally defined as actions that promote happiness or pleasure and reduce suffering.

Ethical Behaviour

Conduct based on recognized moral principles or values, emphasizing honesty, fairness, and integrity in personal and professional realms.