Write a 250–500 word analysis in which you examine several philosophical approaches to ethics and the role of social responsibility in international business.
An organization's approach to business ethics is a critical aspect of international business operations. Managers must understand that success may hinge on an astute analysis of ethical business practices and how a particular philosophical approach to ethics can affect an organization's ethical standing abroad.
SHOW LESS
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 1: Analyze cultural communications that affect international business.
Determine how a particular philosophical approach to ethics reflects on an organization doing business internationally.
Competency 2: Evaluate patterns of global organizational structure and hierarchies.
Determine whether a particular philosophical approach to ethics is practicable in an organization doing business internationally.
Competency 3: Analyze the role of international business culture in the negotiation process.
A business manager in a corporation involved with international business faces numerous challenges. One that seems particularly challenging is the issue of business ethics. Most would agree that it is difficult to come up with a single definition of ethics that would be agreed to across all countries and cultures. Thus by definition, a business manager involved with international business faces challenges at the most basic level, which is how to define business ethics, and then even more prominently how to interpret, monitor, and ensure appropriate compliance with policies put in place. It is very common to see business news headlines of some company (even a highly respected company) suddenly facing a major issue (often, a crisis) associated with ethics.
SHOW LESS
As a way to help manage this, Apple Computer put a "Supplier Responsibility" program in place, whereby they try to ensure all of their suppliers are meeting the policies they have defined, including particularly those related to business ethics (Hyatt, 2011). It is clear that Apple's program requires a major investment, including auditing their suppliers and then taking whatever action is deemed appropriate, even terminating their relationships with some suppliers.
Foreign investment is yet another area that is both complex and controversial. On one hand, business managers might consider it an appropriate strategy to own (or at least invest in) organizations that they are involved with, regardless of if those organizations are in their "home country" or not, so as to have better control over how that organization operates (at both the strategic and tactical levels). On the other hand, many governments have laws in place that restrict or control various types of "foreign ownership." One interesting company related to this topic is Schlumberg.
PANDITA RAMABAI- Indian political thought GENDER.pptx
Write a 250–500 word analysis in which you examine several philosoph.docx
1. Write a 250–500 word analysis in which you examine several
philosophical approaches to ethics and the role of social
responsibility in international business.
An organization's approach to business ethics is a critical aspect
of international business operations. Managers must understand
that success may hinge on an astute analysis of ethical business
practices and how a particular philosophical approach to ethics
can affect an organization's ethical standing abroad.
SHOW LESS
By successfully completing this assessment, you will
demonstrate your proficiency in the following course
competencies and assessment criteria:
Competency 1: Analyze cultural communications that affect
international business.
Determine how a particular philosophical approach to ethics
reflects on an organization doing business internationally.
Competency 2: Evaluate patterns of global organizational
structure and hierarchies.
Determine whether a particular philosophical approach to ethics
is practicable in an organization doing business internationally.
2. Competency 3: Analyze the role of international business
culture in the negotiation process.
A business manager in a corporation involved with international
business faces numerous challenges. One that seems particularly
challenging is the issue of business ethics. Most would agree
that it is difficult to come up with a single definition of ethics
that would be agreed to across all countries and cultures. Thus
by definition, a business manager involved with international
business faces challenges at the most basic level, which is how
to define business ethics, and then even more prominently how
to interpret, monitor, and ensure appropriate compliance with
policies put in place. It is very common to see business news
headlines of some company (even a highly respected company)
suddenly facing a major issue (often, a crisis) associated with
ethics.
SHOW LESS
As a way to help manage this, Apple Computer put a "Supplier
Responsibility" program in place, whereby they try to ensure all
of their suppliers are meeting the policies they have defined,
including particularly those related to business ethics (Hyatt,
2011). It is clear that Apple's program requires a major
investment, including auditing their suppliers and then taking
whatever action is deemed appropriate, even terminating their
relationships with some suppliers.
Foreign investment is yet another area that is both complex and
controversial. On one hand, business managers might consider it
an appropriate strategy to own (or at least invest in)
organizations that they are involved with, regardless of if those
organizations are in their "home country" or not, so as to have
better control over how that organization operates (at both the
strategic and tactical levels). On the other hand, many
3. governments have laws in place that restrict or control various
types of "foreign ownership." One interesting company related
to this topic is Schlumberger, the very large oil services
company. Schlumberger's culture is truly multi-national, and
their managers perceive the company as a "world" company
rather than one associated with a given country. They do
business in most countries in the world and attempt to distance
themselves from politics and many country-specific issues.
Most would likely say that Schlumberger is highly respected
and successful on a global basis and has established a fairly
unique culture in the context of globalization.
Complete the following:
Use the Capella library or Internet to research the following
philosophical approaches to ethics—sometimes referred to as
"straw men." Some ethics scholars consider these approaches as
exemplifying the inherent challenges in determining guidelines
for ethical decision making in a multi-national organization.
The Friedman Doctrine.
Cultural Relativism.
The Righteous Moralist.
The Naive Immoralist.
Write an analysis of the role that social responsibility plays in
doing business internationally. To guide your analysis, consider
the organizational structures and hierarchies of any organization
4. involved in international business. In your analysis, address the
following questions:
What effect does an organization's ethical standing, or
reputation, have on its business abroad?
Will any of these philosophical approaches to ethics work in the
organization you have in mind? Why or why not?
How does a particular philosophical approach to ethics reflect
on an organization and its managers?
Support your analysis with references from the Capella
University Library, globalEDGE, or other Internet sources.