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To remain competitive and ensure the survival of the enterprise, key expatriate executives are being compelled to engage in business practices that are deemed unethical in many parts of the West, but are an accepted way of doing business in other countries. To make matters even more serious and complicated for these U.S. enterprises, the Federal Corrupt Practices Act (FCPA) and other recent legislation prohibits American companies from bribing officials of foreign governments. In response to a series of corporate bribery scandals involving foreign government officials during the 1970s, the FCPA was enacted in 1977 following inquiries by the U.S. Senate and the Securities and Exchange Commission, at which time Congress became concerned that disclosures of corrupt corporate practices seriously undermined public confidence in the business community and harmed America's image abroad (Diersen, 1999).
Clearly, though, the legislation has not had all of the effect that was intended: "For more than a decade, Diagnostic Products Corp.'s employees in China bribed doctors to buy laboratory-testing kits from the Los Angeles company. In May the company paid the price: U.S. authorities fined Diagnostic Products $2 million for violating U.S. antibribery laws" (p. A1). Old ways die hard, though, and bribery and questionable business practices are a reality in many parts of...
And other Western interests are seeking new markets; what then are these companies supposed to do? If the company's executives to not "play along" with the local customs and requirements for bribes, for example, the company's initiatives in that country are likely doomed to failure; however, if the company's leadership elects to pay bribes to local officials or otherwise engage in questionable business practices, they may succeed in capturing additional market share in that country but at what price?
In the case of U.S. companies, at least, the price can be high if they are caught by virtue of the FCPA, but there is a more fundamental price involved in such business practices that far transcend their immediate impact on the company's success. According to Kazakov, Taylor and Thompson, the challenge relates to "resolving even basic ethical questions given the complexity of change now underway and certain entrenched attitudes and structures from a past that has had little place for ethical business practices" (p. 5). For example, although some companies have gained early inroads into burgeoning marketplaces by "following suit," clearly, keeping lies from public scrutiny or manipulating the truth are doomed to failure as a communication strategy and organizational tactic.
These strategies share in common a general reliance on the careful
The more experience a facilitator has with a minority group, the greater the likelihood the facilitator will be able to help those members feel included, rather than excluded from the group process. This is critical, because inclusion is an important social phenomenon. "Communities who are strong and inclusive lead to better quality of life, stronger sense of identity and belonging, sharing mutual respect and equality. It is further recognised
Ethical Decision Making Kimberly Gas Hub ETHICAL DECISION MAKING IN KIMBERLEY GAS HUB The Kimberley Gas Hub is a controversial project to set up an LNG refinery facility at James Price Point near the Kimberley coast of Western Australia. The company Woodside is interested in setting up the project and it claims that it will boost the mining industry in the region and will bring economic development for the local people. Critics
Moreover, the researcher who falsifies the data is prone to legal action as has been the case in the past when researchers have falsified research results (Normile C, 2006). Therefore, in order to deal with this grave issue, it is important to ensure that the data being incorporated in the research paper has been properly handled and it is being reported correct. Ensuring this would satisfy the ethical standards
Ethical Problem(s) Relevant Values Stakeholders Decision Making Utilitarianism Problems with Utilitarianism Deontology Rawlsian Ethics Ross's Ethical Theory Natural Law Theory Ethical Analysis Scenario A Pennsylvania hospital is faced with a non-U.S. born 5-year-old daughter of undocumented immigrants who has a life-threatening need for a 2 million dollar transplant. Using critical analysis and your ethics knowledge render and defend a decision about whether to provide the transplant. Ethical problem(s) One of the ethical problems present is the fact that the 5-year-old was born in undocumented
Even more generally, there are other examples of equally basic contradictions that qualify under the adherence-to- governing-law standard. Despite the official Supreme Court interpretation of the Establishment Clause in the First Constitutional Amendment, U.S. currency still features the words "In God We Trust." Similarly, several states still enforce Sunday blue laws such as prohibiting the sale of alcohol on the Christian "Sabbath." Many legal experts suggest that both violate
Ethical Lessons Learned From Films Ethics For the purposes of this paper, the subject is the Responsibility Project and ethical issues found in films on the website. The short film chosen for this paper is called "The Entrepreneurial Spirit: Birds Barbershop. Birds Barbershop is a chain of barbershops that were started by two childhood friends in Texas. They describe their barbershop as a throwback to a classic era with a modern twist