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What Is the Difference Between Relativism and Normativism? How Do

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Essay

What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business?


Definitions:

Thompson's Classification

A framework for analyzing organizations based on three types of interdependencies: pooled, sequential, and reciprocal.

Woodward's Classification

A framework for classifying industrial organizations based on the complexity of the technology used in the production process.

Information Technology (IT)

The use of computers, networking, storage, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Capability

The ability or power to do something effectively or to achieve a particular outcome.

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