How would you define the role of ethics in global business? Who has the ultimate responsibility for defining ethical business practices in the company, and how should they go about defining those across the cultures in which they work?

The role of ethics in global business is to ensure that companies make decisions and conduct their day-to-day operations in a way that respects the basic rights of individuals, communities, and societies. This can include things like treating employees fairly, respecting cultural diversity, avoiding unfair practices like bribery or corruption, and being mindful of environmental impacts. It also involves having clear guidelines for what constitutes ethical behavior as well as consequences for failing to comply with those expectations.

Ultimately it is the responsibility of top executives within an organization to define what constitutes ethical business practices both internally within the company but also externally across cultures in which they work. To do this they must be aware of local laws and regulations as well as international standards regarding human rights, labor conditions, environmental protection etc., so that they can ensure their policies are appropriate wherever the company operates. Additionally, it is important to have open communication about these issues with employees throughout all levels of the organization so everyone understands why certain behaviors are expected from them.