Explain why organization’s approach to business ethics is a critical aspect of international business operations. Managers must understand that success may hinge on an astute analysis of ethical business practices and how a particular philosophical approach to ethics can affect an organization’s ethical standing abroad.
Complete the following:
1. Use the Internet to research the following philosophical approaches to ethicssometimes referred to as “straw men.” Some ethics scholars consider these approaches as exemplifying the inherent challenges in determining guidelines for ethical decision making in a multi-national organization.
*The Friedman Doctrine.
*Cultural Relativism.
*The Righteous Moralist.
*The Naive Immoralist.
2. Write an analysis of the role that social responsibility plays in doing business internationally. To guide your analysis, consider the organizational structures and hierarchies of any organization involved in international business. In your analysis, address the following questions:
*What effect does an organization’s ethical standing, or reputation, have on its business abroad?
*Will any of these philosophical approaches to ethics work in the organization you have in mind? Why or why not?
*How does a particular philosophical approach to ethics reflect on an organization and its managers?
Additional Requirements:
Length: 250500 words.
Resources:
*Adekola, A., & Sergi, B. S. (2007). Global business management: A cross-cultural perspective. Ashgate Publishing Group.
*Mitchell, C. (2008). A short course in international business ethics: Combining ethics and profits in global business (3rd ed.). World Trade Press.
*Michigan State University. (2009). GlobalEDGE: Global resource directory. http://globaledge.msu.edu/resourcedesk.
*Hill, C. W. L., & Hult, G. T. M. (2020). Global business today (11th ed.). McGraw-Hill.
