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International Management Ethics and Social Responsibility Chapter 3.

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Presentation on theme: "International Management Ethics and Social Responsibility Chapter 3."— Presentation transcript:

1 International Management Ethics and Social Responsibility Chapter 3

2 What is Ethics? Book definition is: “The study of morality and standards of conduct” http://www.youtube.com/watch?v=b- zHf9iGy94http://www.youtube.com/watch?v=b- zHf9iGy94 Does it differ per culture, country, and at organizations?

3 Chapter 3 Ethic Theories and Philosophy Kantian Philosophical Traditions Aristotelian Virtue Ethics Utilitarianism Eastern Philosophy

4 Chapter 3 Human Rights- Should Western culture enforce/interfere? The basic rights are: life, freedom of slavery/torture, freedom of opinion/expression, nondiscriminatory practices Currently: human trafficking, women’s rights, gender gap, and EEO

5 Chapter 3 Labor, Employment, Business Practices MNC’s must be knowledgeable of each of these Child labor, length of work day, pay, policies and procedures World Housing Solution (WHS), will they need to have concerns of this?

6 Chapter 3 Environment Protection & Development Natural resources http://www.youtube.com/watch?v=_OgQ kzk7gQE http://www.youtube.com/watch?v=_OgQ kzk7gQE Should WHS be concerned of this?

7 Chapter 3 Globalization & Ethical Obligations of MNC’s Could a business code of ethics be implemented to ALL countries? Why or why not?

8 Chapter 3 Reconciling Ethical Differences across Cultures Integrative Social Contracts Theory (ISCT)- attempts to navigate a moral position that does not force decision makers to engage exclusively in relativism vs. absolutism

9 Chapter 3 Corporate Social Responsibility (CSR) http://www.youtube.com/watch?v=VoOL 2KfDuAA&NR=1 http://www.youtube.com/watch?v=VoOL 2KfDuAA&NR=1 http://www.youtube.com/watch?v=Cm7Bj H4KHuw&feature=related http://www.youtube.com/watch?v=Cm7Bj H4KHuw&feature=related

10 Chapter 3 Nongovernmental Organizations (NGO’s)- Private, not-for-profit companies seeking to serve society’s interests; poverty, social justice, education, health, & the environment, that range from social, political and economic issues http://www.youtube.com/watch?v=- raqX4KKY1Qhttp://www.youtube.com/watch?v=- raqX4KKY1Q

11 Chapter 3 The 10 Principles of the Global Compact Table 3-1 p. 73 Will WHS abide by them? Corporate Governance Is how a corporation is directed and controlled

12 Chapter 3 Corruption http://www.youtube.com/watch?v=HkkfUCj41sc http://www.youtube.com/watch?v=qL_voPUHuaw Which country is the most corrupt in doing business, per Figure 3-3? Where does your countries/continents rank?

13 Chapter 3 Get into your teams Present your answers to J&J and HP Turn in assignment Till next time we meet… Chapter 4 and Read Euro Disney and each team will present their answers

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