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). 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 working age, 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 working age and environmental issues tend to stand out as major topics of concern.
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 perplexed ...
... middle of paper ...
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
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Global Warming: Fact Vs. Fiction Global Warming -- the gradual increase in planet-wide temperatures -- seems to be accepted by many scientists and people now as fact. Generally, this warming is attributed to the increase of green-house gases in the Earth's upper atmosphere. However, some solar scientists are considering whether the warming exists at all. And, if it does, might it be caused, wholely or in part, by a periodic but small increase in the Sun's energy output.... [tags: Environmental Global Climate Change]
1560 words (4.5 pages)
- 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.... [tags: Business Ethics ]
2194 words (6.3 pages)
- The world as we know it has slowly began to alter and we, the people who inhabit the Earth, are the cause. As a result of changes in climate conditions that have been caused by an increasing accumulation of greenhouse gases, the Earth’s overall temperature has risen by 4 to 7 degrees Celsius over about 5,000 years (“How...Past”). Within the last century the temperature has risen 0.7 degrees Celsius which is ten times faster than the average rate (“How...Past”). Global warming has been a long time coming and people have already been affected by global warming, but the people who will be hit the hardest is poverty.... [tags: Global warming, Climate change, Climate]
926 words (2.6 pages)
- Organizations face many challenges when considering expanding their business globally. Each country got its own economical and legal rules and regulations that a business needs to conform to. Not only do they need to consider the opportunity cost and benefits that may be comes with operating in an international market, they need to understand the risk as well. It is important for ABC Complete Kitchen Inc. executive team to assess and all economic and legal factors that can influence its new plant, then incorporate economic and legal considerations into its operations plan to avoid any risk of obtaining credit, reliable market conditions, or product liability issues.... [tags: legal rules, financial crisis, global arena]
1101 words (3.1 pages)
- As a way to improve profit margins companies have begun to view outsourcing as a necessary business strategy. India, with its low labor costs and strong technical expertise has become an attractive choice (Prasso, 2007). However, due to both cultural differences and compatibility issues numerous problems have been reported. A common mistake made is thinking there is a single national culture within India and that all individuals/social groups will behave the same regardless of geographic location (Prasso, 2007).... [tags: Business Management ]
2285 words (6.5 pages)
- Important Factors to Consider When Expanding into Foreign Markets Going Global Taking a business global is a complicated process. Before deciding to expand a business into foreign markets, significant research and planning must be conducted. It is important to consider several factors involving cultural, legal, lingual, and technological differences within the foreign region (Delaney, 2004). Once careful examination of these factors has taken place, a company can then expand internationally. With thorough planning, it is possible to avoid damaging misunderstandings and miscommunications stemmed from cultural differences.... [tags: Marketing, Marketing research, Sociology]
1187 words (3.4 pages)
- Expanding Leagues, Expanding Cities Sports have always played a major role within societies. The area of Rome was the most populated area of the world during the time of the Roman Empire. The form of sport most demanded by the large population was watching two men fight till the death. These Gladiators were personified as larger than life beings and were able to captivate tens of thousands with a swing of a sword. People flooded to cities where they could watch these Gladiators fight. The popularity of these events grew so immensely stadiums were built that were able to hold over 80,000 screaming fans.... [tags: Sports Teams Essays Papers]
1970 words (5.6 pages)
- Relations Between the United States and Japan Before September 1941 Japan was no longer able to rely on itself for food and raw materials and, so, for Japan to survive and prosper it would have to modernise and adopt Western technology. Japan was a medieval country but had managed to beat Russia in the war in 1905. They joined Britain in the War against Germany. On the 7th September 1914, they took over Germanys interests in China, but weren’t given any credit for the war. The Japanese demanded the right to send experts as ‘advisors’ to the Chinese Government.... [tags: US-Japanese Relations before WWII]
581 words (1.7 pages)
- The Literary Merit of A Lesson Before Dying Ernest Gaines was born during the middle of the Great Depression on January 15, 1933. He was the oldest of twelve children. At the age of nine Gaines worked as an errand boy on the River Lake Plantation, the same plantation his book A Lesson Before Dying was set in. Gaines was raised by his Aunt Augusteen Jefferson, much like Grant, the protagonist in the novel, was raised by his Aunt Tante Lou. At the age of fifteen Gaines rejoined his immediate family in Vallejo, California because there were no high schools for him to attend in Louisiana.... [tags: Lesson Before Dying Essays]
1124 words (3.2 pages)
- Ganes, Earnest J. A Lesson Before Dying. New York: Vintage Books 1993. Genre: Novel 256 pages Setting: The story is set in a small Cajun Louisiana town in the 1940’s. The setting in this story is significant because, the whole story is about how a young black boy is treated unfairly and sentenced to death because of something he did not do. It also deals with the emotions that this black boy faces because he has been treated unfairly by the white people. Major Characters: Jefferson, black boy who is accused of a crime and sentenced to death; Grant Wiggons, teacher sent to help Jefferson.... [tags: Lesson Before Dying Essays]
1289 words (3.7 pages)