Religious and Ethical Traditions: The Implications for International Business

Subject: Business Ethics
Pages: 1
Words: 273
Reading time:
< 1 min
Study level: College

A country’s dominant religion and the ethical system can affect interpersonal relationships, corporate culture, and economic growth. A high degree of cultural sensitivity is required due to the diversity of religions practiced worldwide. Recognizing the differences between “believers” and “nonbelievers” and being aware of religious holidays can improve interpersonal relationships. If one is not a Christian, one will face prejudice. Religious beliefs can significantly impact a country’s approach to business, employment, and entrepreneurial endeavors. When a country’s citizens see a competitor’s defeat as a sign of callousness, it can harm both the individuals involved and society as a whole (Richardson & Rammal, 2018). A person’s spiritual outlook can influence how they view their work. Religious and ethical differences can affect a country’s overall competitiveness, economic growth potential, and attractiveness to international business.

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Religious and ethical traditions can profoundly impact people’s daily interactions, business practices, and overall economic development. Because of the wide range of religious beliefs, it is necessary to communicate across cultures. Understanding the differences in interpersonal relationships between “believers” and “nonbelievers” is an excellent example of cultural sensitivity being put into practice. Nonbelievers may be subjected to a wide range of abuse due to this. A country’s religious beliefs influence how it views business, entrepreneurship, and employment. Competitions can negatively affect the people involved and society as a whole, even if winning is seen as a great accomplishment in one country and a lack of accomplishment in another. Depending on one’s spiritual outlook, one can see work in a positive or negative light. Religious and ethical differences can affect a country’s overall competitiveness, economic growth potential, and attractiveness to international business.

Reference

Richardson, C., & Rammal, H. G. (2018). Religious belief and international business negotiations: Does faith influence negotiator behavior?. International Business Review, 27(2), 401-409. Web.