Ethical Leadership And Decision-Making Within The Global Marketplace

Ethical Leadership and Decision-Making within the Global MarketplaceStudent NameInstructor Course Date AbstractGlobalization has positively impacted multinational organizations through building more universal standards of business conduct. As time goes, many companies are embracing these standards and this is becoming more important for all international companies to come up with organizational core values, behavioral standards as well as relevant policies of the world’s ethics and compliance environment. In order for an international organization to succeed in its business, it will have to employ ethical leaders that will maintain a strong reputation in all of the organization’s markets. The leaders should be in a position to make ethical decisions especially when solving organizational problems. This paper discusses the various policies and processes based on ethical practices that senior leader should put in place in order to protect ethical norms of an organization. IntroductionWhen an organization becomes a multinational company, its corporate ethics take on added dimension. As standards for ethical practices depend with countries, it is necessary for organizations to measure the value of their primary country against the significance of demonstrating tolerance as well as acceptance in other