Ethics Must Be Global Not Local
Ethics Must Be Global, Not Local
International Business Requirements
Global Operations
Global Business Ethics
The large business units expand their operations in global markets through their own presence as well as franchising and distributors. The business operations are expanded on the basis of various standard practices. The business freedom provided by countries and various global practices are utilized as a basis for taking global operational decisions. The business also encounters various legal, operational, and ethical issues related to the local market. However in order to expand business beyond borders and physical boundaries of countries it is required to maintain a degree of uniformity in products and ethical practices followed throughout the manufacturing processes. It is advised to understand various aspects of international business requirements, global operations, ethical practices, and recommendations to assert a standard for global ethical business operations.
International Business Requirements:
The global business can be expanded and operated through reasonable business freedom provided through government policies, international bodies, and local business practices. It is also required to have adequate amount of infrastructure and information technology facilities. The international bodies operating for setting up polices for global business should also provide adequate support through business friendly policies. The establishments including World Trade Organization (WTO) and International Standardization Organization (ISO) also plays a significant role in developing synchronized polices for global business entities. The businesses develop a sustained presence in the markets through steady flow of materials and human resources. The essentials for global business are derived through local market capability to provide a reasonable amount of financial and infrastructure support. The global economy operates on principles of competition. Therefor one of the essential bases for global business operations is global orientation. The amount of information available in the local market and its alignment with the international business practices provides adequate support for development. The ease of resources availability in local market and openness in business culture are also essential elements of global business operations (Beer, 2010).
The global market takes advantage of advanced communication technology. The small firms and global business players value a standardized economic and social model. The business operating in global markets encounter various issues that are not applicable for local business units. These issues include economic standards as well as ethical differences. The economic and ethical standards are different in almost all business markets. The large multinational organizations exploit these differences and manipulate for their standards in order to gain advantage. It is widely observed that businesses operating in different markets follow a localized mix of ethical standards. It is mainly due to the local influence and value system of the corresponding market.
Global Operations:
The globalization as a whole paradigm has increased over the past years. The reasons for the increase in globalization reveals that the phenomenon is not only limited to the expansion of multi-national large organization. The fact that it is not the phenomenon that is acceptable on the basis of its inevitability. In order to explore the There are various factors that have supported the evolution of the world as a global village. This section will cover arguments that are in favor of globalization, putting forward reasons that indicate that globalization is indeed an inevitable phenomenon (Beer, 2010).
The dominance of the capitalism is described by the Western Marxist theory. The notation that globalization is the reason for a paradigm change taking place in the global scenarios is due to the shift and internal momentum of capital. The capitals are also depicted as human, financial, technological, and economic dynamism. The autonomist Marxist however has elaborated the scheme of globalization in a relatively working class perspective to provide an alternative understanding (McLaren, & Jaramillo, 2010). The perspective of capitalism as the driving force for promoting globalism provides us the ability to understand it in relation to the effort to increase profits as a result of labor control. The view is also supported by the argument that it should also be viewed as an unnatural cause. The weather, climate, and natural resources are not the common reasons for the promotion of globalization. The capital is pursuing its way forward through globalization to control global resources and benefit from their usage in its own interest.
The position of the human capital market and labor conduct in determining social relations, the autonomist Marxist model is close in explaining the than mainstream Western Marxism to expression the capacity of labor to challenge corporate globalization. However...
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