Cultural Intelligence refers to an individual's ability to function well in situations characterized by cultural diversity. Explain how cultural intelligence can enhance personal and organizational effectiveness? Additionally, analyze the role of ethics in the negotiation process and how cultural diversity may influence ethical standards being used.
Cultural intelligence or cultural quotient is a term used in business, education, government and academic research. Cultural intelligence can be understood as the capability to relate and work effectively across cultures. This can enhance personal or organizational effectiveness since it enables an individual to adopt quickly into various environments or cultures. Ethics is the basis of doing the right thing, being honest and being fair. Anyone who has negotiated a high value deal knows very well that reputation is extremely important because it helps earn the trust of the other party. They will be less eager to do business with you if you have a bad reputation.