Ethics in international Click to edit Master subtitle style scenario

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International Ethics

International ethics may mean treating everyone in the world equally and concomitantly striving to equalise the life chances of all human beings no matter what their country, race, religion, or gender. ethics may involve an effort to globalise certain ethical value like justice, 4/7/12 democracy, of sympathy.

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Ethical Issues In International Business

The most common ethical issues in business involve:
employment human

practices regulations

rights

environmental corruption the

moral obligation of multinational companies

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Employment Practices
If work conditions in a host nation are clearly inferior to those in a multinationals home nation, should companies apply:
home host

country standards in between

country standards

something

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Human Rights
In

developed countries, basic human rights such as freedom of association, freedom of speech, freedom of assembly, and freedom of movement, are taken for granted other countries, these rights may not exist
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In

Environmental Pollution
Ethical

issues arise when environmental regulations in host nations are far inferior to those in the home nation questions take on added importance because some parts of the environment are a public good that no one owns, but anyone can despoil tragedy of the commons 4/7/12

Environmental

The

Corruption
The

U.S. Foreign Corrupt Practices Act outlawed the practice of paying bribes to foreign government officials in order to gain business Convention on Combating Bribery of Foreign Public Officials in International Business Transactions adopted by the Organization for Economic 4/7/12 Cooperation and Development

The

Some

economists believe that in a country where preexisting political structures distort or limit the workings of the market mechanism, corruption in the form of black-marketeering, smuggling, and side payments to government bureaucrats to speed up approval for business investments may actually enhance 4/7/12 welfare

Moral Obligations
Social

responsibility refers to the idea that business people should take the social consequences of economic actions into account when making business decisions, and that there should be a presumption in favor of decisions that have both good economic and good social consequences Social responsibility can be supported for its own sake simply 4/7/12 because it is the right way for a

Ethical Dilemmas
Ethical

dilemmas are situations in which none of the available alternatives seems ethically acceptable ethical obligations of a multinational corporation toward employment conditions, human rights, corruption, environmental pollution, and the use of power are not always clear cut
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The

The Roots Of Unethical Behavior

There

is no clear cut reason why managers behave unethically

The causes of unethical behavior are complex and reflect:

Personal

ethics processes

Decision-making Leadership

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Philosophical Approaches To Ethics

There Some

are several different approaches to business ethics approaches deny the value of business ethics or apply the concept in an unsatisfactory way are favored by moral philosophers and are the basis for current models of ethical behavior
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Others

Ethical Decision Making

Hiring and promoting people. Building organizational culture. Behavior of leader. making processes. moral courage

Decision Develop

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Hiring And Promotion

People

with a strong sense of personal ethics. an unethical individual.

Refraining Ethical

climate in an organization.

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Organization Culture And Leadership

Emphasis

on ethical behavior. Giving meaning to the code of ethics. Rewards and incentive for ethical behavior.

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Decision-Making Process
Managers

can also use a five step process to think through ethical problems:

Step1:Identifying the stakeholder. Step 2:Determination of decision. Step 3:Establishment of moral intent Step 4: The company engages in ethical behavior. Step 5: Business audits.
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Moral Courage
Moral courage:
Gives Gives

integrity. strength to the employee. unethical ideas.

Dropping

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Conclusion
In

the end, there are clearly things that an international business should do, and there are things that an international business should not do not all ethical dilemmas have a clean and obvious solution. business should always run in ethical way. 4/7/12

But,

International