Student at St. Xavier's College of Management & Technology, Do not sell or share my personal information, 1. Ethics & International Business The lead for AI ethics committee has to come from the top and it should cover all aspects. introduction. The SlideShare family just got bigger. topica way to highlight the causes of the. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. 1.SOMU JENA Philosophical Approaches to Ethics Straw men approaches There are four common straw men approaches: The Friedman doctrine suggests that the only social responsibility of business is to increase profits, so long as the company stays within the rules of law. If so, share your PPT presentation slides online with PowerShow.com. Now customize the name of a clipboard to store your clips. The ethical influence of globalization on different stakeholders like shareholders, employees, customers, suppliers, competitors, government and civil society has been studied. Other leading journals also date from this period, with Business Ethics Quarterly appearing in 1991, and Business Ethics: A European Review in 1992. #ATSocialMedia #UK #London #BusinessEthics #HumanRights #GlobalDev #sustainability #Ethics #SustDev #B2B #standards #corpgov #leadership #CodeOfConduct #CSR #InteriorDesign pic.twitter.com/Psptlvbp7v, A New #WorldwideCharter Signatory! Check the source www.HelpWriting.net This site is really helped me out gave me relief from headaches. By accepting, you agree to the updated privacy policy. Philosophical straw men Cultural Relativism believes that ethics are nothing more than the reflection of a culture (When in Rome, do as the Romans) If a culture supports slavery, is it OK to use slaves? After studying this chapter the student should be able to: Slideshow 722548 by cleavon . by Edmond Estrada May 4, 2021 Great product with effective design. multinational corporation. INTRODUCTION ETHICS - moral principles that govern a person's behaviour or the conducting of an activity. - Business Ethics AOS 272 Defining Ethical Behavior How do we know what is doing the right thing? - in International Business. Ethics in Business - . These suggest changes in the nature of professionalism. Business ethics are principles of right or wrong governing the conduct of business people The text says, the accepted principles of right and wrong , Ethics in International Business Chapter 4, Business Ethics Business ethics are principles of right or wrong governing the conduct of business people The text says, the accepted principles of right and wrong But there are many differences of opinion among highly ethical businesspeople, Accountants and medical doctors have organizations that try to establish agreementin the profession And still there are major disagreements, Religion, ethics, and global diversity The world has many different ethical systems mostly derived from different religions Different systems can lead to different opinions about what is ethical, Dont start business with anyone unless you believe they have strong ethics Work hard to understand your own ethics Work hard to apply them Work hard to understand others ethics, Ethical Dilemmas Managers must confront very real ethical dilemmas The ethical obligations of a multinational corporation toward employment conditions, human rights, corruption, environmental pollution, and the use of power are not always clear cut Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable, Ethical Issues in International Business Many ethical issues and dilemmas in international business are rooted in the differences in political systems, law, economic development, and culture from nation to nation We face ethical issues involving Employment practices Human rights Environmental regulations Corruption Moral obligation of multinational corporations (social responsibility). Tap here to review the details. Human rights are not merely a Western concept. Thus in this case if a Multinational Company do anything that is unethical then the image of the company is arranged. Its a question I hear time and time again. - Teaching Business Ethics: Why, What and How James Weber Director of the Beard Center for Leadership in Ethics, Duquesne University Part of the Ethics Seminars for the Finding an Ethical Career in Science and Technology, - Finding an Ethical Career in Science and Technology Dr Stuart Parkinson http://www.sgr.org.uk/, Ethical aspects of biobanks and progress status of the Genome Project in Latvia, - Ethical aspects of biobanks and progress status of the Genome Project in Latvia Valdis P r gs Seminar for the Research Ethics Committees of the Baltic countries, - International Lawyering Skills Prof. Gary Chodorow Beijing Foreign Studies University 2005-2006 Semester II, Chapter 3 Ethics and Behavior in Organizations, - Chapter 3 Ethics and Behavior in Organizations Learning Goals Define ethical and unethical behavior Discuss why some scholars believe, - Title: Business Continuity Building Blocks Author: Wizard and Clown Last modified by: Wizard & Clown Created Date: 3/11/2003 1:55:23 PM Document presentation format, Bowie distinguishes between descriptive and, He goes on to defend a basic morality necessary, Cultural relativism is the descriptive claim that, Moral (ethical) relativism is the normative claim, Different practices do not necessarily imply, There are universal principles accepted by all, There are international treaties and conventions, The mere fact that a culture believes a practice, It is inconsistent with the concept of a moral, The strongest argument against ethical relativism, There is no clearly agreed upon understanding of, There seem to be basic moral norms that every, There is an implicit morality of the marketplace, Multinationals are obligated to follow these, The Human Rights Obligations of Multinational, Arnold defends a Kantian view of human rights, He also criticizes one recent effort by the, Human rights are different from legal rights in, The Universal Declaration of Human Rights (1948), Always treat others as an end, and never as a, Entails negative duties such as avoiding physical, Entails positive obligations like ensuring, Freedom Individuals should be free to as much, Human capabilities necessary to function well, The right to physical security and freedom of, The right to non-discrimination on the basis of. Teaching Business Ethics: Why, What and How James Weber Director of the Beard Center for Leadership in Ethics, Duquesne University. The conclusion drawn is that neo-liberalism is not conducive to the public interest and that social democracy offers a structure for a more economically efficient and morally just society. We've updated our privacy policy. In an international business, the most important ethical issues involve employment practices, human rights, environmental norms, corruption, and the moral obligation of international corporations. Causes of unethical behavior in international business. It is not only a misuse of the gadgets of the organization but also a waste of the quality time of the organization. Winner of the Standing Ovation Award for Best PowerPoint Templates from Presentations Magazine. Decision-Making Process According to experts, a decision is acceptable on ethical grounds if a businessperson can answer yes to each of these questions: Does my decision fall within the accepted values or standards that typically apply in the organizational environment (as articulated in a code of ethics or some other corporate statement)? What is GOOD vs. What is Bad! T.J. Joseph Human Rights Basic human rights still are not respected in many nations Rights such as freedom of association, freedom of speech, freedom of assembly, and freedom from political repression are by no means universally accepted The question that must be asked of firms operating internationally is: What is the responsibility of a foreign firm in a country where basic human rights are trampled on?, Environmental Pollution Environmental regulations (or enforcement) in host nations may be inferior to those in the home nation This means multinationals can produce more pollution than would be allowed at home Environmental questions take on extreme importance because parts of the environment are a public good that no one owns, but anyone can despoil The tragedy of the commons occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation The water in the Mekong River, Corruption Corruption has been a problem in almost every society in history, and it continues today International businesses can, and have, gained economic advantages by making payments to government officials The United States passed the Foreign Corrupt Practices Act to fight corruption Outlawed the paying of bribes to foreign government officials to gain business In 1997, the trade and finance ministers from the member states of the Organization for Economic Cooperation and Development (OECD) followed the U.S. lead and adopted the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions Obliges member states to make the bribery of foreign public officials a criminal offense, Social responsibility Multinational corporations have power that comes from their control over resources and their ability to move production from country to country Moral philosophers argue that with power comes the social responsibility for corporations togive something back to the societies that enable them to prosper Social responsibility refers to the idea that businesspeople should consider the social consequences of economic actions when making business decisions Advocates of this approach argue that businesses need to recognize their noblesse oblige (benevolent behavior that is the responsibility of successful people and enterprises), The Roots of Unethical Behavior Why do managers behave in a manner that is unethical? By accepting, you agree to the updated privacy policy. 2010. Do not sell or share my personal information, 1. - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. - MBA in Foreign Trade and Global Business Management students will learn strategic planning, successful global business worldwide. Employment Practices and Ethics Ethical issues may be related to employment practices in many nations. - Business in India is increasingly being tied to social development, and Vikasa International Center is positioning itself as a key player in this new dynamic of the Indian development story. We do what we say we will do. G ROUP 3 The essays discuss the nature of the public interest and role of self-interest in forming neo-liberal values. 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