¶ … Business Ethics: China and Mexico
This work in writing will discuss the business ethics in view of countries that are foreign to one another and specifically the countries of Russia and China and Mexico. This work will contrast and compare the business ethics of these two countries toward providing a contribution to the global ethical perspective. The work of Ma (2010) states that business ethics "refer to the moral principles or values that govern a group of people. These principles and values distinguish right from wrong, good from evil, and thereby guide individuals in their personal and professional decision making." As noted in the work entitled "European Business and Economics Ethics: Diagnosis -- Dialogue -- Debate: Is There a European Business and Economic Ethics Approach?" presented at the Berlin September 2007 states that the economic reality in Europe today is increasingly determined by pan-European and global forces that transcend the one predominant level of the nation state. As a result the 'economic ethical reality' has changed as well: economic actors, non-governmental organization, governments and the scientific community have to look beyond national borders in addressing ethical issues." ( )
I. Examination of Business Ethics of Russia
According to Ziegfeld (2011) the most recent report card on Russia indicates that "Russia is no-man's land in term of investing. The Heritage Foundation reports that Russia scores an F. In economic freedom and this is in addition to the fact reported that Russia "Then Transparency International delivers Russia's evaluation in business ethics. You guessed it, a third F. Russia is ranked #154 out of 178 states...
Business Ethics and Law Over the last several years, the issue of ethics and legal challenges has been increasingly brought to the forefront. This is because globalization has created a change in the way firms are interacting with employees. Over the course of time, this has resulted in firms outsourcing jobs to key locations (which have lower labor costs). This has given executives greater amounts of flexibility in determining: what is
589). This may sound harsh, but it has been shown in many countries that this is the best practice for the employment and the economy. While conditions in some sweatshops are unimaginable, in many countries sweatshop workers actually have better working conditions than many other workers have, and make more money as well. For example, a worker manufacturing shoes for Nike in a Chinese plant actually makes more money than
Ethics The author of this report is asked to discuss ethics as it pertains to a topic of the author's choice. The author of this report chooses to discuss the ethics topic of using factories in Asian and surrounding countries like China and Bangladesh with questionable if not outright deplorable labor laws and/or working conditions. The author of this report will now answer five questions surrounding that topic. Ethics of Using Foreign
S. International Industries could face a situation like this. The existing legislation does not require safety equipment in one country that is standard in most countries. The company then needs to decide on a choice between using the safety equipment anyway or squeezing that last $500,000 in profit out of the well. Ethical dilemmas occur frequently in business. They arise out of the conflict between two reasonable but mutually exclusive objectives.
In this case, the authors say not much is understood in terms "…of how it support for knowledge management practices in organizations affects the development of TMS (transactive memory system) (Choi, et al., p. 855). In this research, the trio of researchers have come up with several interesting findings relative to the impact of information technology. Indeed, after researching 139 technology teams (743 individuals) in South Korea, they learned that:
1073). Brocklesby advocates 'Soft OR' approaches such as Multi-Criteria Decision Analysis, Data Envelope Analysis, Cognitive Mapping, Soft Systems Methodology and the Theory of Constraints to allow for "conflicting objectives and multiple subjectivities" (Brocklesby 2007, p.1073). For example, the Theory of Constraints (TOC) deploys the TOC Thinking Processes to map social, material, and personal consequences of collective decisions. A TOC Current Reality Tree, searches for root causes of problems. A representation of
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