Business ethics homework, 2 questions

  

****PLEASE USE REFERENCES AND IN TEXT CITATIONS FROM THE COURSE MATERIAL PROVIDED BELOW TO ANSWER BOTH QUESTIONS. ALL REFERENCES CAN BE GOOGLED.****

Learning Activity #1

When in Malaysia

Nerdcomp, a manufacturer of sophisticated computer parts, recently moved the operations of one of its divisions to Malaysia.  The Company has hired several hundred workers at wages considerably below their U.S. counterparts, but consistent with the prevailing wages in Malaysia. Not only is the Company benefiting from the lower wages, it is also able to reduce its costs further because of the deplorable factories used for its operations (no air conditioning and poor ventilation), it can dispose of waste without any government oversight, and government inspectors are routinely given gratuities for favorable inspection reports or to otherwise grease the skids for the Company.  The Company’s operations are in all key respects in accordance with the laws of Malaysia.

You were recently hired as a senior vice-president in charge of the Malaysian operations and you are concerned about what you have seen and heard as to how the plants are being operated.  When you called a colleague in the states, he said to you “keep your mouth shut and when in Rome do as the Romans do”.  What are some of the ethical issues you should consider in charting your course of action and how would you resolve them?

Learning Activity #2

Ethics: A Personal Perspective, Part II

In your first Learning Activity for week 1 you discussed some things that come to mind when you think of the word “ethics”. Over the course of the past 8 weeks, has your view or conception of ethics changed in any way? If yes, is there a specific moment you can identify and describe that triggered the change a reading(s) from the course material? If your view or conception did not change, why do you think this is the case? How can what you learned in this course business ethics be applied in your professional life working in business management and/or personal life?

****PLEASE USE REFERENCES AND IN TEXT CITATIONS FROM THE COURSE MATERIAL PROVIDED BELOW TO ANSWER BOTH QUESTIONS. ALL REFERENCES CAN BE GOOGLED.****

Week 1: Introduction to Business Ethics and why Ethics Matters, Understanding Corporate Governance & Culture

 

Theme 1: What is Ethics?

Read/View:

· The Business Ethics Workshop (2012) Washington, DC: The Saylor Foundation

Chapter 1: What Is Business Ethics? (pages 4-32)

· Ethical Issues, Ethical Dilemmas, & Legal Issues

Theme 2: Why Ethics Matters? 

· Culture: The Key to Corporate Governance

· Corporate culture: The second ingredient in a world-class ethics and compliance program

· The Firm’s Stakeholders

 
 

Theme 1: Global Business Ethics

 

Global Business Ethics

Allon, J. (2013, November 20). Labor activist exposes the horrors in the global supply chain for some of your favorite products – his solution might surprise you. Alternet

· (Make sure to watch video in article:  Auret van Heerden, Making Global Labor Fair)

Theme 2: Foreign Corrupt Practices Act

 

· US Foreign Corrupt Practices Act (FCPA) Summary

· US Foreign Corrupt Practices Act (FCPA) Full Text

· The Foreign Corrupt Practices Act: An Overview

Sub Theme 1:  Operating in China

· The Ten Principles For Doing Business In China

· A Pocket Guide to Doing Business in China

· The Compromises That Companies Make to Do Business in China

Sub Theme 2:  Operating in India

· Doing Business in India

· How To Do Business In India

· 20 Essential Tips for Doing Business with India

Sub Theme 3:  Operating in Latin America

· Doing Business in Latin America

· What are the top risks to doing business in Latin America?

· Doing Business in Latin America Handbook

Sub Theme 4:  Operating in Russia

· Comparing Business Ethics in Russia to the US

· Navigating the Complexities of Doing Business in Russia

· Overseas Business Risk – Russia

Sub Theme 5:  Operating in Africa

· 16 Challenges of Doing Business in Africa… Oh Man!

· Irwin, J. (2011). Doing business in South Africa: An overview of ethical aspects. Institute of Business Ethics.

· Business in Africa: The risks, rewards And challenges

· Role of Government in Regulating Business Ethics

· The Ethics of Redistribution.

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