Assignment: Ethical Business Management
Write a 350-word analysis in which you examine several philosophical approaches to ethics and the role of social responsibility in international business.
An organization's approach to business ethics is a critical aspect of international business operations. Managers must understand that success may hinge on an astute analysis of ethical business practices and how a particular philosophical approach to ethics can affect an organization's ethical standing abroad.
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
• Competency 1: Analyze cultural communications that affect international business.
o Determine how a particular philosophical approach to ethics reflects on an organization doing business internationally.
• Competency 2: Evaluate patterns of global organizational structure and hierarchies.
o Determine whether a particular philosophical approach to ethics is practicable in an organization doing business internationally.
• Competency 3: Analyze the role of international business culture in the negotiation process.
Complete the following:
1. Use the Internet to research the following philosophical approaches to ethics-sometimes referred to as "straw men." Some ethics scholars consider these approaches as exemplifying the inherent challenges in determining guidelines for ethical decision making in a multi-national organization.
o The Friedman Doctrine.
o Cultural Relativism.
o The Righteous Moralist.
o The Naive Immoralist.
2. Write an analysis of the role that social responsibility plays in doing business internationally. To guide your analysis, consider the organizational structures and hierarchies of any organization involved in international business. In your analysis, address the following questions:
o What effect does an organization's ethical standing, or reputation, have on its business abroad?
o Will any of these philosophical approaches to ethics work in the organization you have in mind? Why or why not?
o How does a particular philosophical approach to ethics reflect on an organization and its managers?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.