...Abstract In the history of the world, there has never really been a dominate, widely accepted set of ethical standards, unless you count the ten commandments, and as we all know, they didn’t end up widely accepted either. The world is in an ethical tail-spin, trying to be the best, the most profitable, the most dominant, and it is leaving its ethics in the dust. In this paper I will discuss the importance of an ethical system, a global set of ethics, and discuss the pros and cons on a global system. Global Ethical Standards In a perfect world, there would be a single set of standards for everything, taxes, banking, business, accounting, etc. We don’t live in a perfect world, period. We live in a world where ethical decisions stare us in the face every day, some of the decisions are easy, and some aren’t. It is how we deal with them that defines us, and makes us who we are. In the United States history, mainly in the last decade or so, we have made some very bad ethical decisions that have cost many people their jobs, their livelihoods, their retirements, and most importantly, their faith in the system that is supposed to protect them. You might ask yourself, “Shouldn’t these people know better?” The answer isn’t so clear, we hold the men and women in charge to a higher standard because, simply, they are in charge. The truth is, that just like people, every ethical decision is different, and everyone has a different belief on what is acceptable and what is not. In...
Words: 2132 - Pages: 9
...Geoffrey M. Cox Macroethics. Personal Responsibility in an Age of Global Problems Review Assignment Make a summary of the author’s main contentions This study starts with the point of view that classic ethics are failing when they are confronted with many global problems. Compared to other periods of time, the world is able to connect nowadays. Because of the possibilities of the media, nearly ever person has qualitatively and quantitatively choices. The author emphasizes that we don’t choose to be global citizens; she claims that the world’s people are global citizens. People would choose the way of living with the media. The human nature is the basis for the philosophical morality. The concept of virtue, which was defined by Aristotle and other philosophers is basing on the philosophical morality. They underline that people fulfill their potential by using their intellect and will. „Excellent“ would not be given by nature, people have to put afford in work to achieve this status. Besides, other philosophers characterized mortality apart from particular human talents and functions. For examples Kant refers to rationality or Hume choose rationality as criterion. Other authors also claim natural right as the source of ethics. In all of these described concepts, ethics are based on essential human experience and our notions of ethical goodness are intrinsically bound up with our self-definition. At the macro level, ethics deduce from the essential nature like social...
Words: 954 - Pages: 4
...Running head: GAP ANALYSIS: GLOBAL COMMUNICATIONS Gap Analysis: Global Communications MBA 500 University of Phoenix Gap Analysis: Global Communications When making decisions in business, questions of ethics, communication, and open minds, should always be considered. However, with so many decisions that are made from day-to-day, there is no surprise that the thought of what is considered ethical, usually ends up taking a back seat in major decisions, and that problems occur when two groups who are attempting to persuade and individual to see it their way will end up closing their minds and ears, simply to get the point across. Situation Analysis Issue and Opportunity Identification Global Communications stock has been plummeting and has dropped by nearly 50%, other factors such as strong competition and changes of trends in the market is keeping Global Communications from increasing its business. More competitive and innovative solutions need to be sought out to prevent the possibility of Global Communications of becoming nonexistent. The new plan that has been suggested by Global Communications is not being accepted by the union and even worse the union feels the neglect of not being included in the decisions that have transpired. Stakeholder Perspectives/Ethical Dilemmas The union contains values of respect, equality, and human rights for all their employees. They also possess the rights of representing their members, and to inform and be...
Words: 1406 - Pages: 6
...Ethical Issues in Global Supply Chains Bodo B. Schlegelmilch ∗ , Magdalena Öberseder ∗∗ Abstract Despite all technological advances, global supply chains are always based on the interaction of people. And wherever people interact, a kaleidoscope of ethical issues emerges. While consumer demands and concerns have undoubtedly led to an increased awareness of unethical conduct in the supply chain, contravening forces, such as the relentless pressures for low cost products and the ease by which consumers are purchasing non-deceptive counterfeits, should also not be ignored. Many retailers are now embracing ethical issues by emphasising, for example, that they take care of the production methods and working conditions pertaining to the goods they offer. Keywords: Global Supply Chains; Ethics; Fairness; Global Markets 1. Introduction 1. Introduction Despite all technological advances, global supply chains are always based on the interaction of people. And wherever people interact, a kaleidoscope of ethical issues emerges. Starting at the origins of the supply chain, the plight of individual farmers, minors or production workers is frequently examined in terms of working conditions or fair wages (Cotton et al., 2005; Locke and Romis, 2007). Other concerns pertain to the production itself. Issues like ecological soundness and infringement of intellectual property rights are frequently debated. Recently, the ethics of shifting production...
Words: 1291 - Pages: 6
...On Business Ethics and Global Dimension of Business Business Ethics and Global Dimension of Business October 19, 2014 Ethical issues have been around for a long time and its association with globalization has been documented. The effects on the association with globalization are similar and closely related to that of international marketing. As a result, the increased globalization over the years has brought an increase in many problems associated with global trading including ethical ones. (WTO, 2011). As indicated by World Trade organization in 2011, there was significant expansion in world trade from 1950 to 2000. This increase was documented to be over twenty-fold with foreign direct investment and exports playing a significant role. This increase in world trade in the middle to late 20th century also saw small businesses increasing their investments in cross border trading. This resulted in an increase in the average yearly outflow of Foreign Direct Investment (FDI) from about $25 billion in 1975 to a record $1.3 trillion in 2000. (UN, 2001). This means that there were a great number of business people with different social and cultural backgrounds doing business in other areas of different geographical, political, legal, social and cultural environments. The challenges that confronted these business people working in these different environments with its associated social and cultural problems created a platform for indulgence in ethical problems and other issues. (Dagdelen...
Words: 2072 - Pages: 9
...Ethical Organization Profile Maltie Ramjattan, Stuart Copenhaver, Judith Sturdivant, Anthony Cortez Sr. MGT 216 September 27, 2010 Ethical Organization Profile Global Oil Company has to be able to watch and take into account all problems that an employee gives them. Global Oil Company about 20 years ago did not have this in place and caused a big issue at one of their plant. This company did not listen to their employees and was only worried about the profits that then what was happening around them. They could have just fixed the problems and still could have been profitable, but would just not have made as much money. Because they did not listen to their employee’s part, one of the plants exploded and caused major property damage and employees to get hurt. This is why the code of ethics had to be put in place to prevent this from happening again. This company is not going to let what happened 20 years ago happen again. The Ethics Code of Global Oil Company is built around 10 key concepts that demonstrate the companies’ dedication to doing business ethically. 1. Building Reliability and Trust with Employees, Customers, and Shareholders – Building Reliability and Trust is integral to ensuring that our employees know they can rely on each and trust in their fellow employees, ensure that customers view our products as a flagship of reliability, and trust that we will treat them fairly in all business dealings, and ensure that the shareholders...
Words: 2165 - Pages: 9
...Running head: PROBLEM SOLUTION: GLOBAL COMMUNICATIONS Problem Solution: Global Communications Pelesia Tillman University of Phoenix Problem Solution: Global Communications The Union is a challenge with expectations of treating employees with respect and accepting their ideas for change. The hardship at Global Enterprises are seen as an Opportunity instead of a problem The telecommunications business is booming and to stay in the business of selling advanced technology equipment, Global Communications wanted to stand by their name global by outsourcing to India and Ireland, in hopes of competing in local markets and expand globally. Relationships between the union and its workers are at odds about Global Communications going international the board wants to announce to employees not to worry about the move it simply means a chance to offer better jobs to employees and give salary increases with 15% retention bonuses for workers willing to make the move. Focusing on ways to better communicate with the union is a challenge with expectations of treating employees with respect and accepting their ideas for change. The hardships at Global Enterprises are handled. The telecommunications business is booming and to stay in the business of selling advanced technology equipment, Global Communications wanted to stand by their name Global by outsourcing to India and Ireland, in hopes of competing in local markets and expand globally. Global services has entered a new...
Words: 3362 - Pages: 14
...Management 1 Operations and Productivity 1 Global Company Profile: Hard Rock Cafe 2 What Is Operations Management? 4 Organizing to Produce Goods and Services 4 Why Study OM? 4 What Operations Managers Do 7 How This Book Is Organized 7 The Heritage of Operations Management 8 Operations in the Service Sector 9 Differences between Goods and Services 10 Growth of Services 11 Service Pay 12 Exciting New Trends in Operations Management 12 The Productivity Challenge 14 Productivity Measurement 15 Productivity Variables 17 Productivity and the Service Sector 19 Ethics and Social Responsibility 20 Summary 20 • Key Terms 21 • Solved Problems 21 < Self-Test 22 • Internet and Student CD-ROM/DVD Exercises 22 • Discussion Questions 22 • Ethical Dilemma 23 • Problems 23 • Case Studies: National Air Express 24; Zychol Chemicals Corporation 25 • Video Case Study: Hard Rock Cafe: Operations Management in Services 25 • Additional Case Study 26 • Bibliography 26 • Internet Resources 26 Developing Missions and Strategies 34 Mission 34 Strategy 35 Achieving Competitive Advantage Through Operations 36 Competing on Differentiation 36 Competing on Cost 37 Competing on Response 37 Ten Strategic OM Decisions 39 Issues in Operations Strategy 42 Research 42 Preconditions 43 Dynamics 43 Strategy Development and Implementation 43 Critical Success Factors and Core Competencies 44 Build and Staff the Organization 46 Integrate OM with Other Activities 47 Global...
Words: 3823 - Pages: 16
...Global Peter Drucker Challenge Essay Contest Social Responsibility and Managerial Ethics A Focus on MNCs Prepared by: Kidus G.Mehalu Addis Ababa, Ethiopia August 2011 Social Responsibility and Ethics of MNCs The 2nd Peter Drucker’s Challenge Social Responsibility and Managerial Ethics -A Focus on MNCs . 1.1 Introductory Remarks Managers today are usually quite sensitive to issues of social responsibility and ethical behavior because of pressures from the public, interest groups, legal and governmental concerns, and media coverage. It is less clear where to draw the line between socially responsible behavior and the corporation’s other concerns, or between the conflicting expectations of ethical behavior among different countries. This essay on social responsibility and ethics set externally to international managers and thus in a sense outside their realm of control, is the expectation of appropriate behavior. This behavior is measured both in terms of social responsibility of the organization as such, as well as ethical behavior of individual managers. In addition to these expectations there is an onus on organizations and managers alike to manage the relationship with the host country. Having noted this, I shall now move on to the main issues this essay has set out to address in the following manner: 1.2 Global Interdependence Global interdependence is a compelling dimension of the global business environment, creating demands on international managers to take...
Words: 3216 - Pages: 13
...Business Ethics and Global Dimension of Business Ethical issues have been around for a long time and its association with globalization has been documented. The effects on the association with globalization are similar and closely related to that of international marketing. As a result, the increased globalization over the years has brought an increase in many problems associated with global trading including ethical ones. (WTO, 2011). As indicated by World Trade organization in 2011, there was significant expansion in world trade from 1950 to 2000. This increase was documented to be over twenty-fold with foreign direct investment and exports playing a significant role. This increase in world trade in the middle to late 20th century also saw small businesses increasing their investments in cross border trading. This resulted in an increase in the average yearly outflow of Foreign Direct Investment (FDI) from about $25 billion in 1975 to a record $1.3 trillion in 2000. (UN, 2001). This means that there were a great number of business people with different social and cultural backgrounds doing business in other areas of different geographical, political, legal, social and cultural environments. The challenges that confronted these business people working in these different environments with its associated social and cultural problems created a platform for indulgence in ethical problems and other issues. (Dagdelen, Elibol & Yucel, 2009). Cross border trade experienced a great...
Words: 2234 - Pages: 9
...Affairs 6 2.2 Group materials under meaningful themes and critical discussion 7 2.3 The practical and theoretical implication of the findings 9 2.4 Evidence from published cases and empirical studies 11 2.5 managerial recommendations in translating CSR in global SC into practice 12 3.0 Conclusions and suggestions for future research 14 4.0 Reference List 15 Executive Summary Integrated supply chain has becoming a significantly important role in the competitive landscape because companies are searching for strategic benefits. Apart from the advantages derived from those more coordinated supply chains, certain social obligations become a concern to business. In reality, the codes of conduct in terms of the CSR are developed by many organizations, especially the buying companies, in order to manage the business behavior of their partners with procurement and supply chain system. It makes it clear that all purchasing companies should be responsible for and pay attention to the ethical business behaviors of their suppliers. However, it is difficult to find any relevant guidance and rules about the issue in current literatures even though the management of CSR has become a significantly important problems to...
Words: 4497 - Pages: 18
...the social and economic effects of their decisions. b. 2. Discuss the criticisms that have been leveled against MNCs in the past regarding their activities in less developed countries. What counterarguments are there to those criticisms? c. Many argue that, since MNCs operate in a global context, they should use their capital, skills, and power to play proactive roles in handling worldwide social and economic problems and that, at the least, they should be concerned with host-country welfare. 3. What does moral universalism mean? Discuss your perspective on this concept. Do you think the goal of moral universalism is possible? Is it advisable? d. Moral Universalism means a moral standard toward social responsibility accepted by all cultures. e. I definitely don’t think so because all cultures are very different. Some cultures don’t accept things that other do. Beliefs, religion, etc. It’s all way too different to be accepted in all cultures. 4. What do you think should be the role of MNCs toward human rights issues in other countries? What are the major human rights concerns at this time? What ideas do you have for dealing with these problems? What is the role of corporate codes of conduct dealing with these concerns? f. What constitutes “human rights” is clouded by the perceptions and priorities of people in different countries. g. While the United States often takes the lead in the charge against what it considers human...
Words: 666 - Pages: 3
...their top management on how to deal with ethical issues such as issues with bribery and corruption within the international markets. The problem for BD is that they are in stuck in a situation that they are feeling pressure to not follow their ethical conduct and participate in these social norms that consist of bribes and scandals in order to guarantee a contract. The US government outlawed any company that participates in international trade to offer gifts or money in order to make deals. This is definitely not the case in countries such as Europe, Asia, and Africa where it is a social norm to offer these gifts to influence a business deal. The problem for BD is that other companies within the international market are going to use such incentives to gain business. BD needs to decide if they are going to have a uniform policy on gifts, or make a region-by-region policy? My recommendations are that the company treats these ethical issues on a region-by-region policy. As we have discussed in prior cases, culture is a large part of how people do business and companies need to respect the culture and their norms when running international businesses. But at the same time, BD should not be chosen because of how great the gifts or bribes are but rather how good of a product they provide. BD is trying to increase their attention onto ethics and ensure that employees are complying with their practices on an international basis. The problem is that in each country or region, social...
Words: 803 - Pages: 4
...paper is to identify and examine social and ethical issues within the global market. This document will also review how international management and cultural diversity are pertinent to the success of an organization that is operating in a foreign country. Based upon the above mention, this paper will focus on examining and providing frameworks and strategies that implement the concept of corporate social responsibility and cultural diversity. A number of factors are identified in the study, using literature reviews and numerous online research engines. Introduction Business firms that operate in foreign countries face an assortment of ethical and social challenges. These challenges run from fair treatment of employees, stakeholders, and customers, product safety, plant safety, advertising practices, human resources management, environmental problems, business practices, corruption, bribery, kidnapping, torture, and even murder. Therefore, organizations are increasingly concerned about how their actions affect the environment and social welfare. This in turn creates a demand by employees, consumers, investors, lenders, governmental agencies, and other stakeholder groups for demanding firms to operate in an ethical and socially responsible manner. Nevertheless, organizations cannot wantonly abandon their profit maximization aims while internalizing societal goals. As with other organizational decisions, ethical and social decisions should not be made in a...
Words: 3171 - Pages: 13
...Table of Contents Ethical and Social Issues In Information System 1 Chapter one 3 Introduction to the Study 3 Context of the Problem 4 Statement of the Problem 5 Research Questions 6 Introduction 6 Research Question 6 Research Question 7 Research Question 7 Significance of the Study 8 Research Design and Methodology 9 Organization of the study 9 Literature Review 10 Introduction 10 References 14 Chapter one Introduction to the Study Ethical and social issues in information system is a combination of the benefits and disadvantages of using computer and computer related devices, social networks versus our ethics, morals and beliefs. The importance and reliability of computer in our day to day running of human life cannot be over emphasized. Social networking platforms may allow organizations to improve communication and productivity by disseminating information among different groups of employees in a more efficient manner, resulting in increased productivity. While it is not meant to be all-inclusive, there are a lot of problems faced by its usage in younger generations, businesses use, and the even medical field. The social media comes with risks as it opens up the possibility for hackers to commit fraud, launch spam and virus attacks, and also increases the risk...
Words: 3249 - Pages: 13
