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 Countries in Asia to Make United States Goods
The first question asks the author to discuss culture, values, ethics and other such elements that lead to differences in social culture (Hill, 2013). The United States obviously mimicked a lot of Asian countries in terms of working conditions and lack of labor laws and protections until about 1930. Since then, the social safety net and the associated labor and retirement frameworks have been created to help and protect workers from having nothing in retirement and no protections in the work place. Examples of the United States doing this include the Fair Labor Standards Act (FLSA), Social Security, Medicare and even the Civil Rights Act and its amendments in the 1960's and 1990's could be looped in because of the cultural and social implications that legislation had (Reed & Bogardus, 2012).
The second question asks the author to explain the business and economic implications relating to the differences in culture and values (Hill, 2013). Obviously, the prevailing labor and livability standards are quite different in the United States as compared to countries like Bangladesh and China. Minimum wage laws in Asia, provided they even exist, are often much lower. This squares with the fact that the overall standard of living is also much lower in that part of the world, at least in most areas. Many companies that sell goods in the United States are doing whatever...
It is important that I am honest to anyone who I choose to be my mentor. Communication must be frank and honest, as learning is the key to research. Requirements for IRB Approval Institutional Review Boards (IRB) are the governing bodies that determine what research may be conducted at the university. This is the approving authority for future knowledge and must be treated with honor and respect. As a student under
Ethics in Statistics Ethical Issues in Business Statistics Statistical knowledge has been under gradual growth since the beginning of 20th century. This growth has subsequently advanced into broad dimensions of data handling and analysis, resulting into a fully-fledged scientific discipline. Statistics is a science that serves within the framework of construction, and theoretical mathematical applications in order to analyze a set of numerical data hence obtaining credible knowledge (Kemptborne, 1979). Statisticians, thereby,
Therefore, corporations have had to change their viewpoints and start looking at the long-term consequences of their behavior, as well as looking at the bottom line. Businesses also have to be concerned because consumers have also become aware of environmental concerns, and many consumers are demanding earth-friendly products and have shown a willingness to pay more money to competitors who observe environmentally-friendly practices. Interestingly enough, this demand has given rise
The utilitarian perspective focuses on the broad impacts of the actions, rather than just how the actions affect specific individuals (Andre & Velasquez, 2010). From the utilitarian perspective, genetic testing has the potential to do great harm to many, and to benefit many. The utilitarian arithmetic points out that the benefits to the companies in utilizing genetic testing is that profits increase. The argument can also be made that
It includes a worldview that embraces "corporate social entrepreneurship...the transformation of socially responsible principles and ideas into commercial value." This is to say that leaders need to understand how responding to their "civic duty" means helping sustain the "world's well-being." When this ethical philosophy is carried out by business leaders, and taught to workers, companies most always profit morally and financially, Schwab asserts. Works Cited Dressendofer, Jo-Anne. (2003). Corporate Ethics..."Follow the
Ethics, Gross National Products Ethics Gross National Product Tariff barriers Ethics Ethics is a branch of Philosophy and deals with the basics questions about right and wrong, virtue and vice, as well as good or bad nature of things human beings do in their daily lives. Thus, ethics is essentially related to the moral aspect of things. A thing, act, or idea of practice might be legally correct but may not be morally sound in
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