Ethical relativism and ethical universalism


Assignment:

1. When should you use ethical relativism, and when should you use ethical universalism? What are problems of each? As a multinational manager, what should you do to eliminate or reduce the problems?

2. The gradual demise of communism has become obvious within the past two decades. Write a brief summary of the implications of transitions to capitalism that formerly communist countries may be experiencing. What kinds of socio-economic challenges do you think multinationals face in those countries?

3. Describe the basic principles of ethical philosophy as they relate to business ethics.

4. What factors do you think are responsible for Africa's slow economic development? What can the multinationals do to help?

Each answer must be of 300 words in length.

 

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Business Management: Ethical relativism and ethical universalism
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