Globalization and our Responsibilities Vanessa Strachan Saint Leo University Globalization and our Responsibilities Globalization Globalization is the integration of the world’s economies; it helps to increase productivity, which can raise the standard of living. It is driven by technology advancements in communications and transportation and motivated by the desire for free markets. “Globalization can be technological (the Internet), economic (trade, pro- duction), cultural (television)
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stakeholders connected with the company. MNC Stakeholders Home Country Owners Customers Employees Unions Suppliers Distributors Strategic allies Community Economy Government Host Country Economy Employees Community Host government Consumers Strategic allies Suppliers Distributors MNC Society in General (global interdependence/standard of living) Global environment and ecology Sustainable resources Population’s standard of living While making good faith efforts to implement CSR, companies operating
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Ethical Issues in Three Economies: China, Jamaica, and the U.S.A. Ethical issues arise in many different forms across very different cultural, economic and even geographic situations. In a paper written by Lillian Fok, et al, the question is raised whether participants in three significantly varied economies will tend to have similar responses to ethical questions encountered during typical business scenarios. Business professionals from China, Jamaica, and the United States were presented with
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globalization? Through the growth of globalization several ethical issues are getting exposure according to management teams. You can imagine if ethic is dilemma within the country then how about the issues that occur due to foreign language, diverse cultures and number of people involved grows to a global scale. This paper will identify ethical perspectives of two countries, India and China, and how these two articles contribute to understanding global ethics. It will also explain how china’s and India’s
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Dubcová* ABSTRACT The ethics triangle: national law, culture and political economic system. Key factors of current ethics issues in an international environment. The most visible changes in environment dimensions. Principles of international business ethics. Current ethics challenges in international environment. Common issues of the international business ethics. Comparison of ethical standards in different cultures. Accelerating development of globalization and assimilation between Europe and the USA
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Outsourcing Jobs to Low Wage Countries Research and Key Issues Business outsourcing, a practice that was previously shrouded in controversy has become commonplace, not only among technology firms but also the IT departments of established companies in various industries. The bulk of overseas outsourcing, a practice that involves companies in economically developed nations shipping jobs to businesses in developing countries, has expanded after the practice became fashionable during the period of
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Shell in Nigeria: The Ethical Issues Ethics are moral principles, as of an individual, a country or a religion. A lot of people have different perspectives of the world and carry different opinions involving what is ethical and what is not. Ethics are a major concern in International Business and companies face ethical issues very frequently. Royal Dutch Shell, commonly known as Shell, is a fusion of over 1,700 companies around the world. Shell Nigeria is one of the largest oil producers in
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States economy has taken many hits and efforts to reduce costs have resulted in increased outsourcing in labor as well as service industries. The ongoing debate of whether outsourcing is unethical does not fall only in the act of outsourcing itself but also in the terms to which outsourced employees are treated. The question of whether mass layoffs are justifiable or ethical toward employees who are dedicated to corporations for so many years and whether resorting to illegal labor is ethical are also
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Cross Cultural Perspectives ETH /316 l Abstract In this essay I will identify a corporation located in the United States of America that has faced ethical issues operating internationally. I will also include in some detail, the results of my research. I will research a company that all Americans know and love- and over the last few years… this company has become one of the most popular retailers in the world- Wal-Mart. Yes, I know the retailer has been; reported on, complained
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representatives of Dillard’s. Each part of this three part assignment will build upon the previous section. The author will attempt to define issues that effect business, highlight the forces involved in the problem, describe the organizational and environmental obstacles, and finally apply critical thinking in the decision-making process. Defining the Issues The Dillard's organization is looking to establish a new manufacturing plant on the island of Kava, in the South Pacific. The Dillard’s
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