Business Ethics and the Global Dimension of Business

1848 Words4 Pages

Business Ethics and the Global Dimension of Business

SUBJECT: Business Ethics and Global Dimensions of Business

Previously, we developed the business framework and strategic business plans pertaining to the Human Resources and Operations Management. Next we need to address the organizations ethical and social obligations for the corporation on a global aspect for the new plant. Also, due to nearly 20% of the sales are anticipated to be within overseas markets, we will concentrate on the international management considerations connected to the international sales of ABC Complete Kitchen Inc’s products.

Business Ethics

Management needs to recognize that they have an ethical and social obligation to more than the shareholders. The organization also has a moral and ethical obligation to its stakeholders such as its workers, communities, customers, and suppliers. Not much consideration has been given to this subject. According to research done by Arnold (2013) “The obligations or responsibilities of non-state institutions, especially corporations and other business enterprises, has received much less attention from global justice theorists” (p. 126). There are different types move moral values, moral, immoral and amoral. Moral managers treat stakeholders ethically, amoral managers does not go against or for ethical treatment. Immoral managers only care about themselves. The organization needs to establish a policy to where each person is required to treat all stakeholders with integrity and follow all international and local, state, governmental rules and regulations. Managers need to keep an open line of communication with the stakeholders.

Communication

The organization can communicate with the stakeholders through the use...

... middle of paper ...

...s

Arnold, D. G. (2013). Global justice and international business. Business Ethics Quarterly, 23(1), 125-143. doi:10.5840/beq20132315

Edition, Custom. SKS 5000-Business Strategies for Organizational Effectiveness within the Global Perspective VitalSource eBook for Northcentral University. Pearson Learning Solutions. VitalBook file.

Javalgi, R., G., Granot, E., & Brashear Alejandro, T. G. (2011). Qualitative methods in international sales research: Cross-cultural considerations. Journal of Personal Selling & Sales Management, 31(2), 157-170. Retrieved from http://search.ebscohost.com.proxy1.ncu.edu/login.aspx?direct=true&db=bth&AN=60139260&site=eds-live

Jaehne, D. M., Li, M., Riedel, R., & Mueller, E. (2009). Configuring and operating global production networks. International Journal of Production Research, 47(8), 2013-2030. doi:10.1080/00207540802375697

More about Business Ethics and the Global Dimension of Business

Open Document