Professional Documents
Culture Documents
Ibt
Ibt
Outline the ethical issues that might arise from national differences in employment practices,
human right practices, environmental regulations and corruption.
Employment practices: Pay and work should be similar across nations but in reality, this is not
followed.12-hour workdays, minimal pay, and indifference in protecting workers from toxic
materials.
Human rights: Freedom of speech, association, assembly, movement, freedom from political
repression, etc. are not universally accepted.
Environmental regulations: The emission of pollutants, the dumping and use of toxic materials,
and so on. Developing nations may not be so strict, and according to critics, it results in much
increased levels of pollution from the operations of multinationals in host nations.
Individuals tend to exploit shared resources such that the demand greatly outweighs supply, and
subsequently the resource becomes unavailable for the whole. Consequently, this might result to
under investment.
Yes. In addition to abiding the laws and protecting the interest of the stockholders, they are
responsible for mitigation of environmental crisis, for the product that they endorse should be
useful and safe to individuals etc.
These are situations in which there is a difficult choice to be made between two or more
alternatives, neither of which resolves the situation in a manner that is consistent with
accepted ethical guidelines.
Managers who value personal ethics (e.g. integrity) are less likely to make decisions they know to
be harmful to someone else. Relatedly, values can influence how someone approaches a conflict.
Many employees prefer to work for organizations that share their own moral beliefs. The decision
to choose. To protect their reputations, companies have begun to form more comprehensive
corporate policies concerning ethics. These policies generally offer guidance to employees and
state the expectations of the company.