Global Issues “When in Rome do as the Romans do?”.

Slides:



Advertisements
Similar presentations
The political economy of International Trade (Ch-5)
Advertisements

Ethical Issues in Global Business Marketing and safety practices Sweatshop and labour abuse Corruption and bribery Search the Web For student activists.
9-11 Ethical Issues in the Global Arena 9-2 Eras of Internationalization The Post-World War II Decade A period of reconstruction dominated by.
To What Extent Should We Embrace Internationalism?
Ethical Issues in Global Business Marketing and safety practices - Nestle: Baby Killers; Union Carbide: Bhopal Sweatshop and labour abuse - Wal-Mart’s.
© 2005 by Nelson, a division of Thomson Canada Limited. 1 Ethical Issues in the Global Arena Search the Web An excellent listing of global principles.
©2009 The McGraw-Hill Companies, All Rights Reserved ©2009 The McGraw-Hill Companies, All Rights Reserved Chapter 6 International Business McGraw-Hill/Irwin.
Business in a Global Economy
Unit 13 International Marketing
Introduction to International Business
Chapter 4 global analysis Section 4.1 International Trade Section 4.2
Business in a Global Economy
10 Chapter Business in a Global Economy pp
Splash Screen Chapter 17 International Trade 2 Chapter Introduction 2 Chapter Objectives Explain the importance of international trade in today’s economy.
Ethical Issues in Global Business
BA 385: What MNCs Owe Society Chapter Nine: ETHICAL ISSUES in the GLOBAL ARENA.
Business and Society: Ethics and Stakeholder Management, 5E Carroll & Buchholtz Copyright ©2003 by South-Western, a division of Thomson Learning. All.
Warm-up Make a list of 5 products, services, or ideas you believe we import. Make a list of 5 products, services, or ideas that you believe we export Why.
Foreign Direct Investment. © Prentice Hall, 2006International Business 3e Chapter Chapter Preview Characterize global FDI flows and patterns Discuss.
Next >>.
Business and Society: Ethics and Stakeholder Management, 5E Carroll & Buchholtz Copyright ©2003 by South-Western, a division of Thomson Learning. All.
1 African Charter on Human and Peoples’ Rights. 2 African Charter One of four regional human rights agreements Adopted 1981; entered into force 1986 All.
Read to Learn Describe free trade. Indicate who benefits and who does not benefit from free trade.
People and Government. Principles of Government  Population, the most obvious essential feature of a state. ◦ State: a political community that occupies.
Global Analysis. International Trade – exchange of goods and services among nations Imports – goods and services purchased from another country Exports.
Understand business in the global marketplace.
Business in a Global Economy
Protectionism vs Free Trade.
1.9 Globalization Chapter 9. What is Globalization? The growing trend towards world-wide markets in products, capital and labor, and unrestricted by barriers.
The Political Economy of International Trade
International Business Ethics BMJN Why International Business? Economic growth from more free & open trade : thought to be most effective to improve.
The Global Context Lecture 10 Global Corporate Social Responsibility.
International Trade Chapter 4.1. Bell Ringer Examine your clothing tags and possessions. Where were they made? Locate the countries on
Chapter 17: International Trade Section 2
African Charter on Human and Peoples’ Rights Defense Institute of International Legal Studies Regional Defense Combating Terrorism Fellowship Program.
Developed by Cool Pictures & MultiMedia PresentationsCopyright © 2004 by South-Western, a division of Thomson Learning. All rights reserved. The International,
Chapter Twelve International Business and Globalization Jerry Estenson.
Ethics & International Management
Indicate who benefits and who does not benefit from free trade
Dr. Dan Bertrand LEEA 554.  Bracey Chapters 1 & 2  Guest Speaker- Laurel DiPreima- IASB, Policy Consultant  Chapter 5- Values and Ideology  Bracey.
Chapter 11 Interorganizational and International Information Systems.
Unit 7 -TRADE International Trade Vocabulary Free Trade Trade Barriers
COMPETITION IN THE MARKETPLACE. BUYERS & SELLERS  BUYERS = CONSUMERS  SELLERS = PRODUCERS BUYERS & SELLERS COME TOGETHER TO EXCHANGE THINGS OF VALUE.
Categories of Human Rights Rebecca K. Fraker Atlantic Union Teacher Bulletin V13.
Business Law and the Regulation of Business Chapter 47: International Business Law By Richard A. Mann & Barry S. Roberts.
1 Chapter 5: Developing a Global Vision Copyright Cengage Learning 2013 All Rights Reserved Designed & Prepared by Laura Rush B-books, Ltd. Introduction.
International Trade CHAPTER 18
Management Information Systems, 3 rd Edition Effy Oz 1 Chapter 11 EDI, Supply Chain Management, and Global Information Systems.
1 EDI, Supply Chain Management, and Global Information Systems Chapter 11.
Economics: International Trade International Trade Warm-up What do you think the term global interdependence means? Answer: nations around the world.
Chapter 17.  Resource Distribution and Specialization  Natural Resources  Capital and Labor  Unequal Resource Distribution  Specialization and Trade.
Chapter 10 Ethical Issues in the Global Arena © 2012 South-Western, a part of Cengage Learning 1.
Chapter 10 Business in a Global Economy. If the demand for coffee in the United States is so high, why can we not simply produce the coffee beans in the.
UNIT 7 REVIEW GAME International Trade Basics Free Trade & Protectionism Globalization Issues The United Nations & Internationalism
Business Ethics Learning outcome: Understand the meaning and importance of ethics in the business world P1.
Human Rights. What are Human Rights?  The rights that all people have by being human beings, whatever our nationality, place of residence, sex, national.
Section 4.1 International Trade Chapter 4 global analysis Section 4.2 The Global Marketplace.
Lecture 7 Challenges of Global Information Systems.
Unit IX – Global Interdependence
International Trade and Global Products
International Business
The State Unit 1.
Chapter 7 Foreign Direct Investment
Click here to advance to the next slide.
Trade Barriers & Agreements
Doing Business in Global Markets
THE JUST WAR THEORY.
Chapter 9 Global Issues Dr. Mohammad O. Hamdan Engineering Ethics
THE GLOBAL CONTEXT OF BUSINESS
12/17 Bellringer +5 sentences
Presentation transcript:

Global Issues “When in Rome do as the Romans do?”

Multinational Corporations Advantages for multinationals –Inexpensive labor –Natural resources –Favorable taxes –Fresh markets Advantages for host country –New jobs –Better jobs (higher pay and greater challenge) –Technology transfer –Social benefits from sharing the wealth

Multinational Corporations Issues: –Loss of jobs at home –Host country loss of resources, control of trade, and political independence –Multinational usurping control of host government –Moral responsibilities fo corporations and individuals operating is less developed countries

International Rights Are ethics relative or are there absolute rights to … Freedom of physical movement Ownership of property Freedom from torture A fair trial Nondiscriminatory treatment (based on race or sex) Physical security Freedom of speech and association Minimal education Politcal participation subsistence

Example Cases Union Carbide (Bhopal) – tried to hide knowledge of safety violation Lockheed (Japan) – authorized secret payments of around $12 million to representative of Japan’s Prime Minister Shell (Nigeria) – disregarded the safety and livelihood of local people when drilling and laying pipelines WTO – trade agreements bar US from imposing environmental restriction of imports

Defense Industry Issues Military buildups are prone to problems due to –Secrecy (limited oversight, limited availability of technology, cover-up of mistakes) –Urgency (waste, oversight issues)

Defense Discussion Topic Just-War Theory – war acceptable when 1. the war must be fought for a just cause 2. the motives are good 3. it must follow a call from higher authority to legitimize it 4. the use of force is based on necessity 5. noncombatant immunity 6. proportionality of damage and consequences to need and cost Describe a scenario for the conduct of a just war. Describe the kinds of weapons engineers might have to develop to wage one.

Global Market Web sites support easy access to global markets –Must be able to handle various methods of payment Non-credit card business Checks on foreign banks Wired transfers –Must be able to communicate with customer s in foreign language Phone calls from those not speaking English –Must be able to translate Web material to appropriate language Some programs available for this purpose