MAN 4602 Lecture Notes - Lecture 5: Kantian Ethics, Corporate Social Responsibility, Cultural Relativism
Document Summary
Ethics, corporate social responsibility, and sustainability february 29, 2016. This chapter discussed the source and nature of ethical issues in international businesses, the different philosophical approaches to business ethics, and the steps managers can take to ensure that ethical issues are respected in international business decisions. Ethical issues and dilemmas in international business are rooted in the variations among political systems, law, economic development, and culture from nation to nation. The most common ethical issues in international business involve employment practices, human rights, environmental regulations, corruption, and social responsibility of multinational corporations. Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable. Moral philosophers contend that approaches to business ethics such as the friedman doctrine, cultural relativism, the righteous moralist, and the naive immoralist are unsatisfactory in important ways. Man 4602 sees that firms from other nations are not following ethical norms in a host nation, that manager should not either.
