International business standards: The competitive imperative

✍ Scribed by Vernon R. Loucks Jr.; Gretchen A. Winter

• Publisher: John Wiley and Sons
• Year: 1999
• Tongue: English
• Weight: 625 KB
• Volume: 41
• Category: Article
• ISSN: 1096-4762
• DOI: 10.1002/tie.4270410302

✦ Synopsis

The global marketplace is a reality, and standards for business behavior should be as well. Isolated laws and sanctions do not allow for a level playing field. W e believe that adoption of international business standards would provide a better and truly competitive business environment. Unifying the efforts of multinational businesses would intensify the potential impact and hopefully reduce the need for government mandates. 0 1999 John Wiley & Sons, Inc.

Virtue may be either (1) intellectual, the excellence of the reasoning powers, that is prudence and wisdom; or (2) moral, the control of emotions and desires in obedience to reason, that is, liberality and temperance. Aristotle, Nicomachean Ethics

Tradition tells us that Nicomachus, the son of Aristotle, compiled his father's lectures resulting in what would become the most popular of all of the great philosopher's works. Nicomachean Ethics is a compelling analysis of human character and conduct.

All "Commentaries are articles intended to stimulate discussion and do not represent editorial opinion.