services” (p. 505). Many companies utilize offshore outsourcing to cut costs. “Based on this misconception‚ many companies have explored the opportunities in emerging countries‚ where inexpensive skilled labor might give rise to cost savings and productivity.” (Modarress & Ansari‚ 2007‚ p.165) Offshore Outsourcing Ethical Dilemmas Offshore outsourcing can create an ethical dilemma. The dilemma is that because many companies utilize offshore outsourcing that it limits the availability of jobs for the
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I believe our highest objective in business is to make a profit. We can achieve this goal by the use of good ethics. Due to my past experience working in product design I know the owners of Hobby Lobby are professing Christin’s and have their own ethical standards. Hobby Lobby is a well-known company which gives us a great opportunity to get exposure from new businesses. This exposure could bring us more profit. Because we do supply to Hobby Lobby‚ it is very crucial we keep a good relationship between
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tell the truth about the situation? Is there another option? She didn’t want to damage the team and be looked at as an outsider. She knew that she was not involved at all in these behaviors‚ but she still felt very uneasy about the situation. ETHICAL DILEMMA How should Cindy react in this situation? Is it Cindy’s place to step in and say anything‚ or should she stay out of the situation all together? With so many different loyalties‚ between her co-worker‚ her own values‚ her co-worker’s wife‚
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The Ethicality of outsourcing manufacturing work from a local community to a developing country can be devastating‚ from the worker‚ to the family and community it is leaving behind‚ “Outsourcing work from American companies to foreign workers is not a new phenomenon in the United States. The “first wave” of outsourcing to foreign countries hit the American economy in the late 1980’s” (Woffinden‚ pg. 483). Being raised or employed in a small town with only select options‚ as a means of living
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Ethical Dilemmas Associated With Corporate Bribery ABSTRACT In today’s business world‚ bribery has become an everyday problem. Some people consider it to be a fair business tactic‚ others consider it to be an unethical act. This paper focuses on a particular bribery case and uses three different ethical theories‚ Utilitarianism‚ Kant‚ and virtue ethics to determine whether or not bribery is an ethical or unethical act. The Case A former partner of a prominent New Jersey law firm has been indicted
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The Ethical Dilemma in the Ford Pinto Case On August 10‚ 1978 three young girls died in a 1973 Ford Pinto after being stuck from the rear by a driver in a van. The Ford Pinto was completely engulfed in flames and the accident resulted in the death of the three young girls. Today‚ the debate continues regarding whether or not The Ford Motor Company was responsible for this case and many other cases involving the Pinto bursting into flames resulting in disfigurement or death. Ford has
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To: Anders Dejgaard From: Jennifer Tsai Subject: Ethics of offshoring Date: 05/23/2011 Critical issued of the appropriateness of conducting clinical trials in emerging countries has arisen over years. Being a leading company in biopharmaceutical industry‚ Novo Nordisk faces the critiques of whether it is justice to offshoring their clinical trials in developing economies. With the consistency of ethical principles brought up by Novo Nordisk‚ the company would be able to move their trials into
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In this case the ethical dilemma that face Wal-Mart is in fact the managers and owners of Wal-Mart are not responsible about their workers and employees in the company. They don’t care about taking the views of its worker whether the new technologies and the new developed method they apply are good and suitable for them or not. The only thing that they consider and take care of is profit and increasing the income and revenues. Although‚ taking the views of employees and make them happy and pleased
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Hi everyone posting this new and fresh article on Outsourcing. What is Outsourcing? Outsourcing - A company purchases a product or process from an outside supplier rather than producing it in house. Outsourcing is subcontracting a service‚ such as product design or manufacturing‚ to a third-party company. Outsourcing became part of the business lexicon during the 1980s. Note - Subcontracting - A company contracts an outside supplier to produce a product or process to the company specifications
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CASE STUDY ”DOWNSIZING & BUSINESS REORGANISATION” 1. Why might downsizing fail to improve the economic position of a business? Downsizing is a deliberate organizational decision to reduce the workforce that is intended to improve organizational performance. The Companies do downsizing because of falling profits & they feels that if they break the business in to smaller units then company will be more flexible & efficient. They do downsizing to reduce cost & increase productivity
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