On the other hand, it may be rather difficult to implement the idea of global standards for Ethics, since by doing so the humanity will utilize one size fits all approach and will not take into account diversity of cultures (Makau, 1997, 155). It is quite obvious that in this case the world will lose a considerable part of its uniqueness.
Having examined the two contradicting approach, is it possible for suggest that global standards can not be implemented in the realm of Ethics? The reality shows that they can be, but with a significant reservation. Business ethics might be seen as a way to combine the above mentioned aspects. Indeed, it will make sure that companies around the world have adopted the same quality levels (Sullivan, 2012, 141). In addition to that, it will allow countries who value their traditions separate business affairs from other social interaction (Dunfee, 1993,