¶ … ethical issue of outsourcing, or sending jobs overseas, and its affects on the world economy and cultures. Outsourcing has become a very common practice in the 21st century. Outsourcing is quite simply the practice of sending jobs to remote call centers and other locations in foreign countries, while eliminating jobs in the United States. The ethical issues surrounding outsourcing and the resulting globalization are complex, and pose risks and consequences for the companies who choose to outsource.
Globalization has created the ability for employers to hire and train workers around the globe, often at extremely reduced salaries and benefit levels, thus saving the employer thousands and even millions of dollars. The practice is so widespread that many financial institutions routinely send data to overseas locations, income taxes are prepared in India and sent to customers remotely, and medical records are interpreted by workers clear across the globe. The ethics and moral issues of these outsourced jobs are many, from privacy concerns for consumers, to pay and workplace ethics of the employers over their employees. In the process, outsourcing is changing the way companies do business, and how ethically they treat their employees, as well.
The first ethical concern companies have not been addressing is the failure to address the concerns of U.S. employees who lose their jobs as a result of outsourcing. One expert writes, "The plight of the people being laid off is cause to wonder whether other considerations, traditionally omitted from the balance sheet, should be examined -- considerations such as ethics" (Breslin, 1999, p. 24). Often, these outsource victims cannot find another job, or a job that pays what their previous position paid. Author Breslin continues, "From a financial perspective, some employees who are forced to take jobs in private industry lose their retirement and health insurance benefits as well as witness a reduction in salary, even after factoring in severance" (Breslin, 1999, p. 27). These separated employees may never...
The treatment of the undocumented workers has legal and economic implications, but is only an issue in the political arena. Companies that hire illegal immigrants are being socially responsible. The argument that illegals suppress wages is not based on sound evidence - the jobs illegals do would otherwise be unfilled. If anything, hiring illegals is socially responsible because it gives those people an opportunity to better themselves, something they otherwise
Business Ethics Focus on Merrill Lynch According to Laura Hartman and her co-writer, Joe Desjardins in the work entitled "Business Ethics: Decision Making for Personal Integrity & Social Responsibility" philosophical ethics may be clearly differentiated from theological ethics because theological ethics attempted to disseminate the well-being of an individual on a religious basis while the ethics of an individual's philosophy is such that provisions of justifications that can be applied to
Business Ethics "the High Cost of High-Tech Foods case" The cost of high-tech food continues to arouse debates over the ethical, moral, and practical impacts the foods have on the people, market, and economy. However, it is evident that the proponents and opponents of the motion do not seem to come to agreement as each holds their view right. The situation worsens due to the application of emotions in addressing the matter
Business Ethics Company Overview Ethics and Code of Conduct Guiding Principles Our Ideology; Our Objectives; Our Core Values that shape us; As a part of my Business Ethics lesson I have a task to criticize and improve my company's code of ethics, before doing that I want to briefly explain about my company; MLS Holding and what we do? The most effective statements in regard to business ethics are rooted in the strategic vision of an organization
Business Ethics Ethical Egoist- Egoism can be either descriptive or normative. Descriptive egoism holds that for each individual, there is only one ultimate aim -- survival and the betterment of the sole individual based on their own hierarchical principles. Normative egoism has the individual making claims about what should be done to do the "right" thing, rather than what one does. As well, ethical egoism insists that for an action to
Global Business Cultural Analysis: Brazil Cultural backgrounds reflect the ways and standards of living, which is unique and different for each country. In fact, the business world is also profoundly influenced by the cultural differences of the counties. This focus of this research paper, in this regard, is to analyze the cultural perspectives of doing business in Brazil. Therefore, major elements and dimensions of Brazilian culture such as business structures, management
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