Preview

Values in Tension

Powerful Essays
Open Document
Open Document
7025 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Values in Tension
R L D

V I E W

when is different just different, and when is different wrong} ple in Denmark or Singapore who refuse to offer or accept bribes. Likewise, if Belgians fail to find insider trading morally repugnant, who cares? Not enforcing insider-trading laws is no more or less ethical than enforcing such laws. The cultural relativist's creedWhen in Rome, do as the Romans do - is tempting, especially when failing to do as the locals do means forfeiting business opportunities. The inadequacy of cultural relativism, however, becomes apparent when the practices in question are more damaging than petty bribery or insider trading. In the late 1980s, some European tanneries and pharmaceutical companies were looking for cheap wastedumping sites. They approached virtually every country on Africa's west coast from Morocco to the Congo.

by Thomas Donaldson
When we leave home and cross our nation's boundaries, moral clarity often blurs. Without a backdrop of shared attitudes, and without familiar laws and judicial procedures that define standards of ethical conduct, certainty is elusive. Should a company invest in a foreign country where civil and political rights are violated? Should a company go along with a host country's discriminatory employment practices? If companies in developed countries shift facilities to developing nations that lack strict environmental and health regulations, or if those companies choose to fill management and other top-level positions in a host nation 48

with people from the home country, whose standards should prevail? Even the best-informed, bestintentioned executives must rethink their assumptions about business practice in foreign settings. What works in a company's home country can fail in a country with different standards of ethical conduct. Such difficulties are unavoidable for businesspeople who live and work abroad. But how can managers resolve the problems? What are the principles that can help them work through the maze

You May Also Find These Documents Helpful

  • Better Essays

    Acc 557

    • 814 Words
    • 4 Pages

    References: Fok, L.Y., Hartman, S.J. & Kwong, K. (2010). Differences in business ethical values: a study of differences in business ethical values in mainland China, the U.S. and Jamaica. Review of Business. Retrieved November 16, 2012, from University of Phoenix, Week 1, ACC/557 – Accounting Ethics.…

    • 814 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Business internationally, enviably creates change in legislation, interest conflict, and rise of ethical dilemmas. When international business arises, business owners, and management must use precaution to avoid ethical, legal, and cultural issues. Business must prepare the unexpected to ensure success. Often conducting foreign business requires the parties to set standard law, determine how to settle disputes, and define contract clause to determine the correct business decision applicable through contracts.…

    • 717 Words
    • 3 Pages
    Good Essays
  • Good Essays

    When moving from domestic to global operations, a company must now consider various ethical and social responsibilities. For example, companies must consider the impact their presence has on the local economy and existing businesses. For example, if Walmart were to open a chain of stores in a new area where local, family-owned business dominated ate the market, that could have a serious impact on the local economy. Another example would be consideration of how the company's practices may impact foreign relations in that region by your domestic company, such as in the case of sanctions. A very common business practice is considered acceptable in one country but not in another is bribery. Social norms in one country may set the stage for a bribe as a normal method by which individuals make a living. A business practice that is very commonly considered acceptable in one country but not in another is bribery. Social norms in one country might set the stage for bribery as the normal method by which individuals earn their living. This is further complicated by the Foreign Corrupt Practices Act, which actually makes bribery illegal, even when it occurs in other countries. This can make business dealings very challenging, because by making bribery illegal, it does not allow the system in the other country to operate the way it has been designed or has evolved. This is further complicated by the Foreign Corrupt Practices Act, which actually made illegal kickbacks, even when it happens in other countries. It can make a business deal that is very challenging, due to making illegal kickbacks, not allowing the system to operate in other countries in a way that has been designed or have evolved.…

    • 770 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Ethics are the product of a society’s culture so it is natural there will be different responses to similar ethical scenarios. Beekum, Stedam, and Yamamura (2003) suggest these differing conclusions will lead to conflict where one side perceives the outcome is ethical whereas the other does not. Another possible outcome is that one side may not even see a decision even being morally significant. Global organizations have the additional challenge when operating within a multi-national environment of recognizing cultural differences while maintaining a core moral and ethical foundation.…

    • 1334 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Ethics must be global, not local. In order to build a truly great global business the leaders need to bring forward a global standard of ethical practices.…

    • 1770 Words
    • 8 Pages
    Better Essays
  • Good Essays

    The article, “Distant Dilemmas,” by Mark McGraw discusses the business risks related to sending an executive expatriate to other countries and the role of HR in mitigating such risks. McGraw highlights recent surveys by Ernst & Young to provide some color to the level of unethical business practices that occur outside the Unites States. Based on a survey conducted in Europe, half of the respondents felt that one or more unethical business practices were acceptable, with half of those finding cash bribery to obtain business a tolerable business practice. The survey also revealed that many expect corporate fraud to continue to increase over the next several years. To provide some context to the survey, the author provided two recent examples of American based companies that have fallen to the pressures of unethical business practices. Lucent Technologies paid $2.5 million in penalties and fines to settle allegations for inappropriate payment to government officials. Even more egregious is that of Siemens, which settled in the amount of $1.6 billion for maintaining a budget for bribes and unethical payments to government officials in many countries.…

    • 447 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Google in China

    • 9980 Words
    • 41 Pages

    Despite a greater uniformity in business practices resulting from globalization, many Multinational Enterprises (hereafter ‘‘MNEs’’) face cross-cultural ethical conflicts in which the firm’s business practices differ from the host country’s practices (e.g., DeGeorge, 2005; Hamilton and Knouse, 2001). Increased pressure for transparency and a growing intolerance for corporate malfeasance have raised the J.…

    • 9980 Words
    • 41 Pages
    Powerful Essays
  • Good Essays

    "A global ethic is only practicable as a personal commitment," says the author, Dalla Costa. He explains that for businesspeople, this does not mean valuing profit less, but instead valuing people more. Throughout the article, the author shows that business reflects who we are as a society and the beliefs that we live by as individuals. He uses several examples of organizations that have been hurt by unethical behavior to support his statement.…

    • 456 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The two articles, Double Standards: Mexico Business and Business Ethics in China, brought an insight into ethics practiced in foreign countries, specifically the countries of China and Mexico. The United States of America has its own regulations and traditions that may, and have, conflicted, in an organizational setting, with the cultures and thoughts of their foreign partners. These “differences” in cultural beliefs or standards are evident in both articles, but the evidence that Globalization is an increasing desire for organizations is apparent as well. One article displays that in order to have success within a foreign country than we should allow natives of that country dictate the business ethical guidelines within that foreign office or division while the other article shows that a country is visibly being hypocritical of their own accepted guidelines and policies by saying one thing and doing the other. A different continent is not the only differences that Mexico and China are sharing. Both articles suggest accepting or understanding that certain business practices or ethics in these two countries as different but not necessary illegal. It also suggest that the entire core of an organization must stand firm on certain practices and not have to adjust for profitable business in a country as well. Though differences are evident amongst other…

    • 1427 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    “With the increasing globalization of business, more managers are finding themselves in an international environment full of ethical challenges. If managing for ethics and social responsibility is a challenge in one’s own culture, imagine how the difficulties multiply when the culture and language are foreign, the manager is under increased stress, and the number of stakeholders grows enormously” (Trevino, 2011).…

    • 862 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Keep the unique ethical climate of each market in mind when crafting your code of ethics to ensure that it is relevant to the international arena. Follow local customs and traditions at your discretion. Decide on a case-by-case basis which local customs to follow and which to avoid when it comes to victimless issues. Use your code of ethics when dealing with humanitarian and environmental issues, such as child labor or deforestation, and use your discretion in issues such as bribery or wage considerations. You may, for example, decide to offer cash gifts to government officials in a country where there is no other reasonable way to gain a foothold in the market, but you may decide not to enter a country if raw materials must be gained through suppliers who use indentured labor Apply your standards equally in all markets, and among all subsidiaries. Stick to your standards, whatever they are. If you have a policy of following your home country's ethical standards around the world, be prepared to turn down opportunities in markets with unfavorable ethical climates. Respond courteously and…

    • 526 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Economics Quiz

    • 880 Words
    • 7 Pages

    Which of the following is NOT one of the three "middle-of-the-road" guiding principles proposed by business ethicist Thomas Donaldson?…

    • 880 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    Tension of Opposites

    • 1032 Words
    • 5 Pages

    One of the greatest aspects of humanity is that no two people are identical; rather, every individual has his own perspective, beliefs, and ideas. This discrepancy among opinions is the basis for all conflicts and arguments. However, these conflicts can be beneficial, as two opposing sides may negotiate with each other to reach a verdict that is more acceptable than either of the sides’ views alone. In Tuesdays with Morrie, written by Mitch Albom, this universal concept is described by Morrie as the “tension of opposites,” and it frequently occurs in society as well as within the novel itself.…

    • 1032 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Organizations come in many different forms and sizes. An organization is any entity that purses a mission or serves a purpose in a society or community. Businesses, governments, schools, charities, etc., are all different types of organizations. Society and communities in American and throughout the world rely on organizations to provide goods and services necessary for people to sustain life. In today’s world societies and nations are becoming more and more connected together through a global economy. Advancements in technology have allowed organizations to expand into different countries throughout the world. When an organization moves into a new society and culture different from their own there is always ethical and social issues the organizations must deal with. Sometimes organizations reach out to another country to offer support and help address pre existing ethical and social problems within a society. Other times ethical and social issues arise overtime as a result of an organization moving into a new society. In this paper I will discuss a global organization and a cultural issue that affects this organization’s interactions outside the United States. I will explain the ethical and social responsibility issues this organization deals with as a result of being a global organization by identifying different ethical perspectives in the global organization as well as comparing these ethical perspectives across cultures involved with this global organization.…

    • 1030 Words
    • 5 Pages
    Better Essays
  • Better Essays

    University of Phoenix. (2013). Addressing International Legal and Ethical Issues [Multimedia]. Retrieved from University of Phoenix, LAW421- Contemporary Business Law website.…

    • 969 Words
    • 4 Pages
    Better Essays

Related Topics