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Responsible Business Report- Ethical Business Essay Example

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Responsible Business Report- Ethical Business

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However, not all business leaders want to pursue this attribute. A case in point is the knowledge of Chinese language. Despite the fact that China has emerged one of the greatest global business potential of the 21st century, many CEOs and members of their boards of management do not know the Chinese language (Bomann-Larsen, 2004, p.One sure way of ensuring that businesses tap into this opportunity is to learn and acquire diplomacy and skillful policies that involve all parties. Responsible business leaders must seek the global knowledge on key business opportunities in a peaceful way. Therefore, they must raise their voices to oppose such acts as war and terrors that would ruin their business prospects. The business leader should be a renaissance person, with humility and intelligence to learn and rely on others for the achievement of the global knowledge. It is only through this strategy that the business leader can cope with the highly complex and integrated business world (Horrigan, 2010, p.The polarity of the world concerning innovation, trade, manufacturing and finance must be useful to any business leader. Unlike in the past when the western countries dominated the economy, today all corners of the globe are experiencing rapid expansion of their economic realities. Additionally, the expanding economies also have unique cultures and values that govern their business directions. Orienting to these multi facet cultures and values is a big challenge and dilemmas to several business organizations. A responsible business leader must be sensitive to the conflicting cultures and values of other communities across the globe (Mallin, 2009, p.The global business elite seem to be detached from the rest of society. These people describe themselves as super class and live an outrageous life that the rest of the society can only see in a dream. However, this trend is not sustainable at all. A true business leader must always relate equally with the rest of society. It is pointless for a small group of the global population to live a highly luxurious life as they condemn millions to poverty due to high food prices currently being experienced today. Through corporate social responsibility, a business leader can succeed in convincing the society of some degree of equality (Banerjee, 2007, p.Ethical business refers to the good conduct and mannerisms that a business entity assumes in its service to clients, community and the

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preview essay on Responsible Business Report- Ethical Business
  • Pages: 8 (2000 words)
  • Document Type: Essay
  • Subject: Business
  • Level: Undergraduate
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