Problem:
It is important to understand the difference between internationalization and globalization in the context of global business.
Answer the following from a pro-globalization standpoint.
- Assume you are the CEO of a domestic corporation. Would you choose to expand internationally? What ethical issues would you consider before making a decision?
1. Drawing on the notions of moral, amoral, and immoral management , categorize your impressions of
(a) Nestlé, in the infant formula controversy;
(b) Union Carbide, in the Bhopal tragedy; and
(c) Google, in moving its search engine out of China.
2. As an MNC seeks to balance and honor the ethical standards of both the home and host countries, conflicts inevitably will arise. What criteria do you think managers should consider as they try to decide whether to use home or host country ethical standards? Does it depend on the ethical issue involved? Explain.
3. Differentiate between a bribe and a grease payment. Give an example of each.
4. Conduct research, for purposes of updating the latest rankings of Transparency International and the activities of the OECD, UNCAC, and individual country initiatives. How could countries such as China, India, and Russia most effectively improve their TI rankings?
5. What are the major strategies companies might employ in improving global business ethics? What are the key steps research has shown are important to successful company anticorruption efforts?