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EthicsinInternationalBusiness.doc

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GlobalBusinessTodaySixthEditionChapter4 Chapter04-EthicsinInternationalBusiness 4-PAGE\*MERGEFORMAT21 EthicsinInternationalBusiness ChapterOutline OPENINGCASE:Wal-Mart’sChineseSuppliers INTRODUCTION ETHICALISSUESININTERNATIONALBUSINESS EmploymentPractices ManagementFocus:MakingApple’siPod HumanRights EnvironmentalPollution ManagementFocus:UnocalinMyanmar Corruption MoralObligations ManagementFocus:NewsCorporationinChina ETHICALDILEMMAS THEROOTSOFUNETHICALBEHAVIOR PersonalEthics DecisionMakingProcesses OrganizationalCulture UnrealisticPerformanceExpectations Leadership ManagementFocus:Pfizer’sDrugTestingStrategyinNigeria PHILOSOPHICALAPPROACHESTOETHICS StrawMen UtilitarianandKantianEthics RightsTheories JusticeTheories FOCUSONMANAGERIALIMPLICATIONS HiringandPromotion OrganizationCultureandLeadership Decision-MakingProcesses EthicsOfficers MoralCourage SummaryofDecision-MakingSteps SUMMARY CRITICALTHINKINGANDDISCUSSIONQUESTIONS CLOSINGCASE:GoogleinChina LearningObjectives 1.Befamiliarwiththeethicalissuesfacedbyinternationalbusinesses. 2.Recognizeanethicaldilemma. 3.Discussthecausesofunethicalbehaviorbymanagers. 4.Befamiliarwiththedifferentphilosophicalapproachestoethics. 5.Knowwhatmanagerscantodotoincorporateethicalconsiderationsintotheirdecisionmaking. ChapterSummary Thischapterfocusesonhowethicalissuescanandshouldbeincorporatedintodecisionmakinginaninternationalbusiness.Thechapterstartsbylookingatthesourceandnatureofethicalissuesanddilemmasinaninternationalbusiness.Then,thereasonsforpoorethicaldecisionmakingininternationalbusinessarereviewed.Next,thereisadiscussionofdifferentphilosophicalapproachestobusinessethics.Finally,thechapterconcludeswithareviewofthedifferentprocessesthatmanagerscanadopttomakesurethatethicalconsiderationsareincorporatedintodecisionmakinginaninternationalbusinessfirm. OpeningCase:Wal-Mart’sChineseSuppliers Summary TheopeningcaseexaminesWal-Mart’srelationshipwithitssuppliers.Wal-Martiscommittedtomaintainingitsp