Describing the Ethical Issues in International Business Practices Including Examples/

Topics: Minimum wage, Wage, Iraq Pages: 8 (2717 words) Published: March 18, 2013
Blog describing the ethical issues in international business practices

Ethics is: Ethics, also known as moral philosophy, is a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct. The term comes from the Greek word ethos, which means "character". Ethics is a complement to Aesthetics in the philosophy field of Axiology. In philosophy, ethics studies the moral behaviour in humans, and how one should act. Ethics may be divided into four major areas of study: in this blog I will be writing about the ethical issues in international business practices. Pollution

Within a production line the products that are being made will at some point be using something which is harmful to the environment. In countries like the US and most developed countries in Europe (EU) have laws set down on the disposal of harmful chemicals and pollution you are able to find more information about the pollution laws in the EU through this website this website lists the law which companies and citizens of the EU have to follow to assure that they are causing minimal damage to the environment around them.

What the main issue is less developed countries, they do not have the force to stop the amount of pollution let into their environment ether because the size of the country or the lack of law officials in their countries. Therefore the people who own companies in those countries are able to illegally dispose of their materials and this is causing great environmental problems.

In third world countries especially Africa and Brazil at the moment there is a huge gold rush and for a long time they have been digging for diamonds. Recently the population of these countries have found out that they are sitting on areas which are rich with gold. The countries where large amount of gold is located are usually in areas where there is natural plantation and untouched earth. What the miners do is demolish all the trees and anything that is in the way to clear their paths to then dig up the earth and extract the gold from the earth beneath them. This is one big problem by itself because the killing of many plants and animals occurs through this process but the second big problem is the way that they get the gold together once coming out the ground. Country like these do not have the equipment and facilities to get the gold out the ground efficiently, so they use a metal called mercury, the mercury gathers together the gold flakes and makes it able to be collected. The biggest problem is when the mercury gets into the main water systems. It causes a large amount of the fish and wildlife surrounding the waters to die from being poisoned by the metal.

Retracting the diamonds out the ground isn’t as damaging to the earth and polluting but they still have to clear the area where they dig therefore they are still killing surrounding wildlife.

Once the gold and diamonds are taken out of the ground they are then sold. They are sold to big malty million pound companies that will make goods out of them. What this means is that they are encouraging the people to continue digging and demolishing their surrounding environment. The people who excavate the grounds to extract diamonds and gold are not usually contracted to anyone else therefore they are able to whatever they want even if it is against the law and still pretty much get away with it.

‘Blood diamonds’ and the way that they ethically affect the people who work in the mines

What I found out about the way that the ‘blood diamonds’ in Africa effected the people involved in it was shocking. The blood diamonds were and are still used to fund the rebels in Africa and about 10 years ago the civil war. There was no real law then to allow the buying the ‘blood diamonds’ so other countries took advantage on...
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