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    Ethics in IBM

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    Shilpa Madalgi
    This document discusses ethics in international business. It outlines some of the common ethical issues that arise such as employment practices, human rights, environmental regulations, and corruption. It also discusses the moral obligations of multinational corporations. Managers are faced with ethical dilemmas when the obligations of a corporation are not clear cut across different political, legal, cultural, and economic environments. The document concludes with recommendations for how international businesses can promote ethical decision making.

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    Ethics in IBM

    Uploaded by

    Shilpa Madalgi
    165 views13 pages
    This document discusses ethics in international business. It outlines some of the common ethical issues that arise such as employment practices, human rights, environmental regulations, and corruption. It also discusses the moral obligations of multinational corporations. Managers are faced with ethical dilemmas when the obligations of a corporation are not clear cut across different political, legal, cultural, and economic environments. The document concludes with recommendations for how international businesses can promote ethical decision making.

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    This document discusses ethics in international business. It outlines some of the common ethical issues that arise such as employment practices, human rights, environmental regulations, and corruption. It also discusses the moral obligations of multinational corporations. Managers are faced with ethical dilemmas when the obligations of a corporation are not clear cut across different political, legal, cultural, and economic environments. The document concludes with recommendations for how international businesses can promote ethical decision making.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    165 views13 pages

    Ethics in IBM

    Uploaded by

    Shilpa Madalgi
    This document discusses ethics in international business. It outlines some of the common ethical issues that arise such as employment practices, human rights, environmental regulations, and corruption. It also discusses the moral obligations of multinational corporations. Managers are faced with ethical dilemmas when the obligations of a corporation are not clear cut across different political, legal, cultural, and economic environments. The document concludes with recommendations for how international businesses can promote ethical decision making.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 13

    Ethics in International Business

    Introduction

    Business ethics are the accepted principles of


    right or wrong 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
    Human rights
    Environmental regulations
    Corruption
    Moral obligation of multinational corporations
    Employment Practices

    Ethical issues associated with employment practices


    abroad include:
    When work conditions in a host nation are clearly
    inferior to those in a multinational’s home nation, what
    standards should be applied?
    While few would suggest that pay and work conditions
    should be the same across nations, how much
    divergence is acceptable?
    Moral Obligations
    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 to give
    something back to the societies that enable them to
    prosper and grow
    •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 enterprises)
    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
    The Roots of
    Unethical Behavior
    Ethical Decision Making
    Five things that an international business and its
    managers can do to make sure ethical issues are
    considered
    •Favor hiring and promoting people with a well-grounded
    sense of personal ethics
    Build an organizational culture that places a high value on
    ethical behavior
    •Make sure that leaders within the business not only
    articulate the rhetoric of ethical behavior, but also act in a
    manner that is consistent with that rhetoric
    •Implement decision-making processes that require people
    to consider the ethical dimension of business decisions
    •Develop moral courage

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