International Business: Competing in the Global Marketplace
12th Edition
ISBN: 9781259929441
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 5, Problem 5CTD
Summary Introduction
To explain: The course of action for the manager.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Companies and those who work for them must act responsibly wherever they go-- besides improving performance, acting responsibly and behaving appropriately promotes prosperity and peacefulness. However, when an individual moves abroad, moral reasoning becomes quite complicated. Consequences often vary due to legal differences, and what is right or wrong may depend to an extent on local values. People need to figure out how make moral decisions—and so do the companies they work for.
Certainly, it is tempting to assume that there is almost universal agreement on what’s right and what’s wrong when it comes to ethical and socially responsible behavior in business. In the real world, however, managers face situations from country to country in which the whys and hows of applying cultural values are less than crystal clear.
Furthermore, everything that complicates dilemmas in the domestic business environment tends to complicate them even further in the international arena, given…
A visiting American executive finds that a foreign subsidiary in a poor nation has hired a 12-year-old
girl to work on a factory floor, in violation of the company's prohibition on child labor. He tells the
local manager to replace the child and tell her to go back to school. The local manager tells the
American executive that the child is an orphan with no other means of support, and she will probably
become a street child if she is denied work.
What ethical issue is evident in this case?
Ministry of health stopped a medication which is shown to be harmful for the community. This is an example of
O a. Principle of beneficence
O b. Principle of ethics
O c. Principle of justice
O d. Principle of non-maleficence
Chapter 5 Solutions
International Business: Competing in the Global Marketplace
Knowledge Booster
Similar questions
- Infinitus Global manufactures and sells herbal health, skin, and beauty products. This Utah-based company has hundreds of employees, but these employees do not engage in selling the product to end consumers. Instead, individuals not directly employed by Infinitus purchase products from the firm and then resell them to end consumers. Those individuals who are most successful are adept at forming relationships with end consumers, usually through face-to-face interactions. Infinitus receives money from the sales of its products, and the individual receives a commission. Infinitus is most likely a. telemarketer b. franchise c. direct selling firm d. direct marketer wholesalerarrow_forwardInfinitus Global manufactures and sells herbal health, skin, and beauty products. This Utah-based company has hundreds of employees, but these employees do not engage in selling the product to end consumers. Instead, individuals not directly employed by Infinitus purchase products from the firm and then resell them to end consumers. Those individuals who are most successful are adept at forming relationships with end consumers, usually through face-to-face interactions. Infinitus receives money from the sales of its products, and the individual receives a commission. Infinitus is most likely a. telemarketer. b. franchise c. direct selling firm. d. direct marketer e. wholesaler.arrow_forwardPlease read the instructions carefully and submit the assignment. Identify any top Indian Company. Understand the CSR activities of the identified company. Discuss the impact of CSR activities of the identified company on its various stakeholders in not more than 500 wordsarrow_forward
- Indicate whether the statement is true or false, and justify your answer.Every Bismarck country has over a hundred sickness funds for patients to choose from, which distinguishes them from Beveridge countries.arrow_forwardWrite no more than 400 words to answer this question You are a publicly listed Australian company who manufactures tens of thousands of plastic toys. Your toys meet foreign standards for toy products and are legally sold in foreign markets. The toys are not sold in Australia because they do not meet stricter Australian manufacturing standards. Specifically, all your toys use lead paint which makes the toy cheaper to manufacture but potentially hazardous to the health of children. Because of the potential danger of your products, you are starting to get complaints from local Australians, including small protests outside of your headquarters in Sydney which have resulted in negative media attention. Upon investigation, you have found that the lead paint in your toys have been considered a “potential contributing factor” in 53 child hospitalisations and 1 child’s death in the past year but have not been considered the direct cause of any of these cases. You have investigated the…arrow_forwardThe Foreign Corrupt Practices Act (FCPA) prohibits U.S. businesses from paying bribes openly or using a middlemen as conduits for a bribe True or Falsearrow_forward
- You have recently joined a company as international sales manager, and you are considering entering new markets in the developing world. You discover a complete absence of any policy regarding ethical issues and decide to present some proposals to your CEO. What would you include in your outline of the proposal? Do you think companies have a duty to set high expectations for human rights?arrow_forwardA visiting American executive finds that a foreign subsidiary in a less developed country has hired a 12-year-old girl to work on a factory floor, in violation of the company’s prohibition on child labor. He tells the local manager to replace the child and tell her to go back to school. The local manager tells the American executive that the child is an orphan with no other means of support, and she will probably become a street child if she is denied work. What should the American executive do?arrow_forwardKindly Explain the following: 1. It harmonizes existing ethical standards among business operating in the Philippines. It ensures thatdifferentmarket players adhere to the same rule of the game in order to create fair market conditions andpromote transparency in doing business.2. the Code formally communicates the signatories’ commitment to upholding high standards of ethics in allbusiness transactions. It articulates the belief that securing profit at the expense of integrity is anunacceptable and unsustainable way of conducting business and that measures have been taken toenforce and cultivate integrity habits within the signatories’ respective organizations.arrow_forward
- 1. If someone approaches you on the street, and offers to sell you stolen goods, is it wrong to purchase them? If a government plunders its natural resources to the det- riment of its citizens, is it wrong for companies to buy these natural resources?arrow_forwardHow to avoid ultimatums and negotiate in a calm and constructive manner in the militaryarrow_forwardThe South Africa’s National Credit Amendment Bill was officially passed by the NationalCouncil of Provinces on 8 March and has now been sent to the President to be signed into law.The bill aims to provide relief to over-indebted South Africans who have no other means ofextracting themselves from over-indebtedness. Specifically, the bill will allow certainapplicants to have their debt suspended in part or in full for up to 24 months. This debt maythen be extinguished altogether if the financial circumstances of the applicant do not improve.The criteria for meeting this debt write-off include:• Where the unsecured debt is not more than R50,000;• Where the unsecured debt was accrued through unsecured credit agreements, unsecuredshort-term credit transactions or unsecured credit facilities only;• Where the person earned no more than R7,500 a month over the last six months A financial service provider (XYZ limited Bank) has hired you to conduct an analysis on howit will comply with this new…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage Learning
Accounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education