BUSI2025 Chapter Notes - Chapter 5: Kantian Ethics, Cultural Relativism, Business Ethics
Document Summary
Cultural relativism, the righteous moralist, the na ve immoralist. Legal foundations of ethical behavior: the law is inadequate because: Laws are slow to develop in emerging areas of concern. Laws may be based on imprecisely defined moral concepts. Some things that are unethical are not illegal. The law often needs to undergo scrutiny by the courts. The law is not very efficient: the legal justification is appropriate because: The la(cid:449) e(cid:373)(cid:271)odies (cid:373)a(cid:374)y of a (cid:272)ou(cid:374)try"s (cid:373)oral pri(cid:374)(cid:272)iples. The law provides a clearly defined set of rules. The law contains enforceable rules that apply to everyone. The law reflects careful and wide-ranging discussions. Ethical issues in international business: the most common ethical issues in business involve. Privacy of customer information and third parties. The offshoring dilemma: offshoring, either through outsourcing or through direct investment, creates important trade-offs that have conflicting effects on stakeholders: Redu(cid:272)es or eli(cid:373)i(cid:374)ates jo(cid:271)s i(cid:374) the fir(cid:373)"s ho(cid:373)e (cid:272)ou(cid:374)try or (cid:272)o(cid:373)(cid:373)u(cid:374)ity.
