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the role of ethics in our global society
relevance of ethics within a global business environment
role of ethics in global business
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This essay will examine the possibility of XYZ Constructions, Incorporated expanding into the global market. In particular, the owners believe that Canada, Asia, and Mexico have niche markets and are the front-runners for expansion. Furthermore, the owners believe these markets will ultimately help increase their initial public offering (IPO) number because of the increased market penetration and market diversity associated with these markets. This essay will examine the issues present in the global market as it relates to ethics and social responsibility. In addition, the essay will study the considerations that are required for opening field offices in foreign countries with respect to international management and cultural diversity.
Ethical Issues within the Global Market
Before a discussion on ethical issues within the global market begins, a clear definition of ethics is useful for a common understanding. By definition ethics is a methodical approach to deciding the correct action(s) to take in a given situation (Ovaitt, 2008, n/a). Ethical issues are present, magnified, and extremely difficult to discern when considering the global market. This can be seen in, examining the following issues: child labor cases, sweat shops, abuse of labor rights, and discard for health, safety, and environmental standards. While all of the aforementioned topics are of high concern, child labor abuse and environment issues tend to stand out as high hitters.
There are many domestic child labor cases present in the United States of America; however, in foreign countries this issue is more dynamic. For example, Sharma (2009) says that India has a significantly high number of child labor cases (14-percent). That statistic leaves many...
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Executive (2011). Executive concepts in business strategy. Boston, MA: Pearson Learning Solutions.
Ganapathy, N., & Broadhurst, R. (2008). Organized crime in Asia: A review of problems and progress. Asian Journal of Criminology, 3(1), 1-12. doi:10.1007/s11417-008-9054-3
Ovaitt, F. (2008). Ethics & PR: Communications with a conscience. PR News, 64(29), 1-1. Retrieved from http://search.proquest.com/docview/204226740?accountid=28180
Shah, A. (2007, July 7). Corporate social responsibility. AccountAbility. Retrieved from http://www.globalissues.org/article/723/corporate-social-responsibility
Sharma, K. (2009). Labor standards and WTO rules: Survey of the issues with reference to child labor in South Asia. Journal of Economic Issues, 43(1), 29-41. Retrieved from http://search.proquest.com/docview/208780521?accountid=28180
While we, as Americans, are currently living in the most advanced civilization up to this time, we tend to disregard problems of exploitation and injustice to nations of lesser caliber. Luckily, we don't have to worry about the exploitation of ourchildren in factories and sweet shops laboring over machines for countless hours. We, in the United States, would never tolerate such conditions. For us, child labor is a practice that climaxed and phased away during and then after the industrial revolution. In 1998 as we approach the new millenium, child labor cannot still bea reality, or can it? Unfortunately, the employment and exploitation of children inthe work force is still alive and thriving. While this phenomenon is generally confined to third world developing nations, much of the responsibility for its existence falls to economicsuper powers, such as the United States, which supply demand for the cheaply produced goods. While our children are nestled away safely in their beds, other children half way around the world are working away to the hum of machinery well into the night.
Child labor has become an ongoing global concern for many years. The practice sweatshops in places such as South America and Asia are responsible for much of the manufactured goods people own today. While hundreds of organized unions and corporations look for answers to this unheal...
The west has attempted to fight child labor for years now with little dent in curving the use of child labor across the globe. The primary reason has been the failure to find practical means to translate our intuitions on practices that ought to be eliminated into effective solutions. Economically deprived countries in order to compete in the global economy have offered child labor (Low cost Labor) as competitive advantage and companies from the west have let low cost, high profit, blind their morality. Hence, rather then making sure no child labor is in their product cost they have embraced or looked the other way when it comes to child labor.
An estimated 200 million Children around the world go to work every day. Their ages ranges between 5 and 17 years. According to the International Labor Organization, nearly 171 million children are engaged in unsafe work environment, of which 111 million are younger than 15. Some 8.4 million children are trapped in the worst forms of child labor, including slavery, t...
Child labor is and has always been a difficult problem to address. In the global market system which exists today, the problem has become that much more difficult. Now more than ever before, markets are interdependent, and the regulation and governance of them is a convoluted process to say the least. The regulatory structure is not intact; no one knows who will regulate such issues, internationally and locally, governmentally, and in the private sector. Also, current economic practice makes it difficult to in one broad stroke ban the practice of child labor, for fear of eliminating the nation’s area of comparative advantage, cheap labor. Not only is the problem of child labor one of economics, but it is also one that raises very difficult ethical questions. This paper will attempt to weigh the economic factors both locally and internationally, against common ethical principles which are certainly to be raised when one discusses child labor.
We are often unaware or pick to disregard the problem of child labor in sweatshops. However, even though most people are not conscious of this, it is a reality that many children are deprived of their childhood and are enforced to work. It has been estimated by the International Labor Organization (2013) that 250 million children between the ages of five and fourteen work in emerging countries. More than half of these child laborers are hired in Asia, others work in Africa and Latin America mostly.
2. International Labour Organization. "Facts on Child Labour." Beyond Borders: Thinking Critically About Global Issues. New York: Worth, 2006. 396-97. Print.
Child labor laws need to be enforced more because governments are paying little attention to those who abuse the laws; therefore children are being abused physically by long hours and economically by low pay. Farmers and many businesses in third world countries are accused of taking major advantage of these laws. This topic is highlighted as one of the highest controversial issues in labor politics. Child labor is a major issue in countries such as Africa, Argentina, and Bangladesh. For example, in Africa, some children do the work of a grown man for as little as one dollar a day. On the other hand, in the United States some studies show that child labor is a bigger problem in the U.S than some third world countries (Barta and others). Many farmers are facing a huge problem; the government is attempting to keep children from working long hours on their family farms.
The ILO cannot put an end to all the child labour. They don’t have any legal power. They employers sure won’t since they don’t want to increase costs. Some morally conscious employers will but the majority won’t. Then there is the government of the country where the multinational comes from (99.9% of the time American) which can force inspections and could take action against the company. The trade unions are weak and don’t have the funds to do the job. This is also the third world where bribes are an everyday thing.
Weisbrot, M., Naiman, R., & Rudiak, N. (2010). Can Developing Countries Afford to Ban or Regulate Child Labor? Journal of Economic Relations, 1-10.
The United States Congress should pass the proposed Child Labor Prevention Act to help stop the exploitation of children by industrial companies. The United States must acknowledge child labor as a violation of fundamental human rights because it severely damages the health of children, places children in abusive situations, and impedes the social and cultural progress o...
Child Labor is not an isolated problem. The phenomenon of child labor is an effect of economic discrimination. In different parts of the world, at different stages of histories, laboring of child has been a part of economic life. More than 200 million children worldwide, some are as young as 4 and 5 years old, are slaves to the production line. These unfortunate children manufacture shoes, matches, clothing, rugs and countless other products that are flooding the American market and driving hard-working Americans out of jobs. These children worked long hours, were frequently beaten, and were paid a pittance. In 1979, a study shows more than 50 million children below the age of 16 were considered child labor (United Nation labors agency data). In 1998, according to the Campaign for Labor rights that is a NGO and United Nation Labor Agency, 250 million children around the world are working in farms, factories, and household. Some human rights experts indicate that there are as many as 400 million children under the age of 15 are performing forced labor either part or full-time under unsafe work environment. Based upon the needs of the situation, there are specific areas of the world where the practice of child labor is taking place. According to the journal written by Basu, Ashagrie gat...
So I believe that the issue of child labour is not simple. As Unicef’s 1997 State of the World’s Children Report argued, children’s work needs to be seen as having two extremes. On one hand, there is the destructive or exploitative work and, on the other hand, there is beneficial work - promoting or enhancing children’s development without interfering with their schooling, recreation and rest. ‘And between these two poles are vast areas of work that need not negatively affect a child’s development.’ My firm belief is that there is a difference between child labour and child work and that in both cases the issue is whether or not the child is deliberately being exploited.
Ethics is the study of right or wrong and the morality of the choices that individuals make. That basicly means the set of morals or responsibility that a person, group, or field have. Ethics can also be classified as code of morals. In business there are ethics that portray to business. These are called business ethics, business ethics just happen to be the application of ethics, morals, into the business field. Some examples of business ethics are obeying all rules and regulations even when nobody 's looking, which is pretty self explanatory, you shouldn’t be breaking rules. Even if it is as simple as washing your hands after you use the restroom or straight up lying to your customers, they are the ones making you money so if they find out
Child labour is an issue that has plagued society since the earliest of times. Despite measures taken by NGOs as well as the UN, child labour is still a prevalent problem in today’s society. Article 23 of the Convention on the Rights of a Child gives all children the right to be protected from economic exploitation and from performing any work that is likely to be hazardous or to interfere with the child 's education, or to be harmful to the child 's health or physical, mental, spiritual, moral or social development.1 Child labour clearly violates this right as well as others found in the UDHR. When we fail to see this issue as a human rights violation children around the world are subjected to hard labour which interferes with education, reinforces