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California University Globalization and Ethics Discussion

California University of Management and Sciences

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Write a 300 word reaction to the student posts From Paul Michael Chapter 9 Ethics and Globalization brings up points about making the separation of developed and underdeveloped nations and how what works here will work there. Global ethics come in to play when you base your ethical standards on cultural and social norms. Global ethics has 2 sides, those who support it argue that it is bringing improvements to the standard of living, and those who argue against say it is promoting the dark side of capitalism to the global stage. A lot of those who argue against generally oppose using the child workforce for labor, but fail to realize that the income that this child brings in may required for subsistence. Chapter 10 making it stick: Doing what’s Right in a competitive market. One of the main things that stood out to me in this chapter is making it sustainable don’t come in use up all resources and leave. Also have someone in your company hired to just do Ethics. Also celebrate Ethical behavior from your employees, and punish people who fail to follow your standard. Once you have someone in place that can Identify business ethics it allows you to understand what is unethical. Also an Ethics Officer can make sure things are transparent and all stakeholders have a feel of what’s going on. Establishing a code of Ethics can do several things. Capture what the organization understands as ethical behavior-Value Statement Establish acceptable behavior Situation specific policies and behavior Document punishment for those who violate. All of these things will bring you to a proactive approach, which means you are open and honest with all stakeholders. I think these last two chapters really brought the entire texts together and brought me to a clearer understanding of Business ethics and how you can categorize behavior based on actions and organizational integrity. From Taylor Franks Chapter nine covered challenges that organizations face in moving forward with global ethics. Something that I thought was very interesting, and have never paid much attention to is the negative impact that corporations have on countries; especially those who are not as developed as the one that we live in. Sometimes we get caught up in our own bubble, that we (I) forget there are still developing countries. There are so many factors that you have to take into consideration, that I forget the challenge it would be to govern that. And, then, how can you enforce policies to combat the impact on different countries? Just the nature of different languages, customs and cultures is alone a challenge. The mantra "what works here works there" can definitely get corporations in trouble because that is, in fact, not the case. Just the example given of the Coca-Cola translation in China is a drop in the bucket of challenges corporations could face. They spent a ton of money on signage, they realized that it translated to "bite the wax tadpole" or "female horse stuffed with wax" depending on the dialect. Just an interesting example of how things can be so different from one place to another and just because it works here, does not mean it will work there. Chapter ten examined the big-picture of maintaining these ethical issues. Making sure that corporations have a code of ethics established is a must. Then, making sure that code is implemented, communicated and followed, is incredibly important. Sustainable ethics is the key component to all of this. Making sure that what corporations put together and implement is continuously improved. Corporations need to make sure that they are continually evaluating where they are doing business. Are there any questionable practices that need to be addressed. Are all employees aware of the code of ethics and is the training up to par. Are there any new customs or practices, changes with host country, that we need to be aware of? This will be something that never ends and will always need updating. From Corinne Mwengwe Chapter 9 which about Ethics and Globalization, describes globalization as a process of increasing connection and interdependence of relationships across the world, in which cultural, moral, political, and economic activities in one part of the world have significant effects in other parts of the world. This has an impact on economy, environment, psychology, in terms of a greater sense of global connection. Although less developed nation has a lack in the social, economic and technological infrastructure of developed nation, both less and developed nations are all perusing the same goal of maximum profits with minimum costs. With the differences in culture, the Richard DeGeorge guideline and Un Global compact, help to facilitate the business in the host country as they focus on: Human rights, Labor standards, Environment and Anti-corruption. With globalization, doing business in host country, made me think about the Golden rule (do unto others as you would have them do unto you). The organizations must commit to the ethical business conduct, follow the procedures and policies with the ethical relativism in the host country as investing their business will profitable for themselves and the host country. Chapter 10 about Doing what is right in competitive market make me understand that although the market is facing challenges with different characteristics like having demanding customers, aggressive competitors, demanding creditors, aggressive vendors… requires to create a solid code of ethics and hire someone with the necessary skills to be an ethical officer. As guide in an organization, code of ethics cannot cover every possible event as the true challenge comes when the company is facing an unethical situation. Sustainable ethics be a company commitment to ethical behavior, it is an ethical behavior that persists long after a public scandal or management buzz. Therefore, to make ethical behavior sustainable, it requires the involvement of every member of the company to do what it’s right for the company and the costumer’s satisfaction. ...
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Hello Paul Michael
Great post. As stated, globalization and ethics have shown a clear difference between
developed nations and undeveloped countries. Ethics refers to the code of conduct that is adopted
and used by business entities in the industry. Ethics guides the behaviors as well as actions in an
organization. Ethical companies have better performance in the markets since they respect and
treat their customers well in the market. For this reason, maintaining ethical standards in a
business entity helps a firm improve its image as well as reputation in the market. From a global
perspective, ethics depends on the cultural norms of people in such countries. The culture of
people in society determines the moral standards of people hence guiding their behaviors
significantly. The management of a firm, therefore, has to be guided by the cultural beliefs and
norms in society.
The stiff competition experienced in the market has forced business entities in the market
to become ethical in their operations. Companies wishing to be ethical in their operation have to
keep adopt and implement corporate social strategies. This way a firm is ab...

MrMark (19775)
University of Virginia

Anonymous
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