International Business Ethics And Ethical Issues Within...

Lecture Good morning students, Today I am here to educate and raise a very important topic of discussion that may, or may not affect your opinion within international organisations. Do you believe international business encourage firms and organisations to become socially responsible and ethical global citizens? What I am here to tell you today is that with the correct organisational procedures, internationally renowned businesses are able to become socially responsible and ethically recognised. However when international organisations have unseemly and immoral behavioural standards, generating ethical global citizens is out of the question. Today international business ethics have a number of open questions and dilemmas, which are†¦show more content†¦It also establishes a healthy and pleasant teamwork atmosphere for all the parties involved in an international business deal, making each party feel comfortable with each other. Also, acting in accordance with moral values is crucial for deserving clients’ attention and support and achieving a significant competitive advantage in a particular market segment. Some of the most common international ethical issues surround the environment, child labour, working standards and conditions, targeting marketing to vulnerable individuals and corruption. In recent times, many internationally renowned businesses have been in the spotlight for extreme unethical workplace regulations, which in many cases have had a significant impact on both the business and also the workers. Take Nike for example, one of the world’s top sports clothing brands. I’m sure many of you have seen the great advertising campaigns and perhaps even purchased a pair of sneakers from this international company. However, what Nike does not publicize is the harsh working conditions that the employees are forced to endure. To work at a factory job requires for an individual, usually a woman, to work long hours, ranging from nine to thirteen hours per day six days a week. Those who work here are severely limited in the amount of time they can take off and are forced to work overtime on several occasions during the week. The hourly wage varies from