Ivonne Banuelos
Business Ethics
Chapter 10 Summary
Chapter 10 discusses the global values, goals, and business practices within ethics. Ethical
decision making is a major aspect of conducting business. Ethics and values have a great influence in
business and depending on the country in which you are conducting business they are influenced by
ethnic groups, social organizations, and other cultural aspects. There are four major cultural dimensions
that have an impact on business environment and they are: individualism/collectivism, power distance,
uncertainty avoidance, and masculinity/femininity. Some organizations believe that the idea that
morality will vary from one culture to another and that business practices are right or wrong is called
