Take advantage of the cost savings on labor

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Reference no: EM132239359

As businesses continue to expand internationally, a myriad of ethical dilemma's arise for managers and owners, including, but not limited to:

1. Is it ethical for me to shift manufacturing elsewhere to take advantage of the cost savings on labor?

2. Bribery is legal in this country, but not in my home country. What should I do if it looks like I must pay a bribe to gain a business opportunity?

3. We open a manufacturing facility in a country that allows 12 hour work days, children as young 10 can work, and the minimum wage there is the equivalent of $1.00 (U.S.)/hour. Is it ethical for me to hire an eleven year old work to work 60 hours a week and make just $60?

4. The country has no environmental protection standards, thus can I ethically dump my manufacturing by-products into the rivers and pollute the air?

You may pick one of these issues, or another you identify, in substantively discussing the ethical issues that come up in globalization. Address what you would do as a manager. Do you play by the rules of where you are working or is there a universal set of ethical principles that should apply that disregards the exact geographic location?

Reference no: EM132239359

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