examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. * Business ethics has normative and descriptive dimensions. As a corporate practice and a career specialization, the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. * The range and quantity of business ethical issues
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Wal-Mart’s Chinese Suppliers INTRODUCTION ETHICAL ISSUES IN INTERNATIONAL BUSINESS Employment Practices Management Focus: Making Apple’s iPod Human Rights Environmental Pollution Management Focus: Unocal in Myanmar Corruption Moral Obligations Management Focus: News Corporation in China ETHICAL DILEMMAS THE ROOTS OF UNETHICAL BEHAVIOR Personal Ethics Decision Making Processes Organizational Culture
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Case Study Analysis-D Critical Thinking Case Study Analysis: GOOGLE 1. Describe the philosophical principle Google's managers adopt when deciding that the benefits of operating in China outweighed the costs. Discuss the philosophical approaches to ethics. Describe the approaches that are favored by most moral philosophers and form the basis for current models of ethical behavior in international business. Google began to operate in China in 2000, it was two years later that the Chinese
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Chapter 01 Globalization Answer Key True / False Questions 1. As a result of globalization, we have been moving toward a world in which national economies are (p. 7) relatively self-contained entities. FALSE Over the past three decades a fundamental shift has been occurring in the world economy. We have been moving away from a world in which national economies were relatively self-contained entities. AACSB: Analytic Blooms: Remember Difficulty: 1 Easy Learning Objective:
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“…develop critical-thinking skills, to recognize behavior and to understand different philosophical approaches to moral reasoning” (Manias, Monroe, & Till, 2013, Para.2). The principles and rules of critical thinking are applicable to ethical reasoning because they enable a mental process of evaluation that helps guide us to decisions based on truths and information that is verified. Ultimately, “Ethical principles mean something only when manifested in behavior. They have force only when
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of independence of judgment, objectivity and integrity. 4. Why might ethical corporate behavior lead to higher profitability? It’s more effective to focus on providing goods and services required by society efficiently, effectively, legally and ethically than to adopt the high-risk goal of making profit any way possible. 5. Why is it important for the clients of professional accountants to be ethical? An accountant is only as good as the information provided to him/her. We need
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Introduction to Business Ethics Objectives: * Gain an understanding of why business ethics is important. * Learn how business ethics fits into the broader discipline of philosophy. * Realize that the culture in which we live influences our thinking. Business ethics, some would say, is an oxymoron. After all, the media presents, on nearly a daily basis, the shenanigans of corporate representatives as they ply their trade. Price fixing, anti-competitive behavior, fraud, deceptive advertising
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governing the conduct of business people • An ethical strategy is a strategy or course of action that does not violate these accepted principles Ethical Issues in International Business • Many of the ethical issues and dilemmas in international business are rooted in the fact that political systems, law, economic development, and culture vary significantly from nation to nation • In the international business setting, the most common ethical issues involve - Employment practices
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Ethical dilemmas are common issues that every businessman has to face at their working environment. It is not such an easy task for businessman to have an ethical decision making, to choose what the “right” thing to do. In this following factual scenario, John also has to face some ethical dilemmas in his working environment and have difficulty to find appropriate solution. After a brief summary of the facts, I will discuss some ethical dilemmas which John is confronting and some approaches to ethical
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Ethics are a broad way of thinking about what constitutes a good life and how to live one. Ethics address questions of right and wrong, making good decisions, and the character or attributes nessasary to live a good life. Ethical praxis addresses these issues with a special focus on how they can be live out in a practical manner. Environmental ethics apply ethical thinking to the non-human world and the relationship between this green space and humans. In the most general sense, environmental ethics
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