Many managers have made poor ethical decisions while engaged in international business. Many of these ethical issues are rooted in the variations among nations in their political systems, law, economic development, and culture. What is considered normal practice in one nation may be considered unethical in another.

True.

Explanation:

This statement is correct, due to the fact that the practice of international business can generate some embarrassing situations and behaviors that can be considered ethical or unethical according to a particular country.

Therefore, in order to avoid bad ethical decisions in international business, it is necessary that a manager develops the ability of cultural intelligence, which corresponds to the ability to adapt behaviors and decisions in such a way that there is multicultural correspondence and respect and adaptation to the values and principles of individuals of other cultures with whom you need to relate professionally, so that there is appropriate, respectful and ethical behavior

the earnings of a typical investor is around $1,000,000 to $10,000,000

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