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Click to edit Master title style,Click to edit Master text styles,Second Level,Third Level,Fourth Level,Fifth Level,*,*,*,Chapter 9,Ethical Environment of International Business,Learning Objectives,gain an overview of the ethical environment in international business,understand the two basic perspectives of ethics in international business,know how corporation respond to the pressure of social responsibility by establishing codes of conduct,learn to make ethical decisions in your future business career,Text:Business Ethics and Corporate Codes(1),Ethics in international business,Managerial ethics in the international environment focuses on moral judgments about the“rightness and“wrongness of actions.,Two perspectives to examine business ethics,Teleological perspective-utilitarianism,Deontological perspective-moral imperatives,Text:Business Ethics and Corporate Codes(2),Concerns of teleological and deontological ethical systems,teleological systems,deontological systems,motives,actions,consequences,Text:Business Ethics and Corporate Codes(3),Agreement and disagreement of teleological and deontological systems,Teleological:,unethical,Deontological:,unethical,Teleological:,unethical,Deontological:,ethical,Teleological:,ethical,Deontological:,unethical,Teleological:,ethical,Deontological:,ethical,Principle with moral standing,No,Yes,No,Yes,good results,Text:Business Ethics and Corporate Codes(4),Corporate codes of ethics,The globalization has made a great impact on companies and the role of companies in the globalization process also impacts on society.,Companies behave responsibly to,avoid,legal sanctions,consumer boycotts,and to,improve,employee morale,sales,Text:Business Ethics and Corporate Codes(5),A major component of a companys strategy for ethical and socially responsible behavior is a code of conduct.,external code of conduct,internal code of conduct,Examples,:,Gap,Syngenta,GSK,KPMG,Nike,Key terms,shareholder 股东,utilitarianism 功利主义,dividend 红利，股息,market share 市场份额,code of conduct 行为准那么,induction training 新进人员培训,NGO 非政府组织,externalities 外部经济效果,Summary of key points(1),Ethics in international business is mainly concerning the rightness and wrongness of individual managerial behavior.,Both teleological and deontological systems of ethical behavior consider actions and consequences in determining the rightness or wrongness of behavior.,Deontological systems also include the motives of the actor and the moral standing of those motives.,In the context of globalization,there are four motivations for MNEs to act responsibly:first,unethical and irresponsible behavior could result in legal sanctions;second,such behavior could also result in consumer boycotts;third,unethical behavior can affect employee morale and fourth,companies never know when bad publicity is going to cost them sales.,Summary of key points(2),A major component of a companys strategy for ethical and socially responsible behavior is a code of conduct.,When establishing its codes of conduct,a company should act in compliance with the four dimensions which include setting a global policy complied with everywhere the company operates,communicating the codes of conduct to all employees within the organization and to all suppliers and subcontractors,ensuring its policies are carried out,and reporting results to external stakeholders,.,Comprehension Questions,1.How is utilitarianism defined in this text?,2.Briefly introduce Immanuel Kants theory about business ethics.,3.How do you distinguish a teleological perspective and a deontological perspective in business ethics?,4.According to the text,what are the benefits a company could get if it acts responsibly?And what are the costs if it does not?,1.How is utilitarianism defined in this text?,According to the text,utilitarianism is the most widely known specific theory of teleological system.As an ethical system,utilitarianism evaluates actions in terms of the consequences that result“in the greatest good.Within the utilitarian perspective the ethical choice would be to choose the alternative that results in the greatest good compared to the good produced by all other possible choices.The good consequences of an action are determined by the aggregate preferences of those affected by the action.,2.Briefly introduce Immanuel Kants theory about business ethics.,Immanuel Kants theory is based on moral imperatives,which include both universalism and reversibility.The former addresses that whatever rule or moral imperative you put forward should apply to all under all situations.The latter addresses that whatever rule or moral imperative you put forward should be one that you would apply to yourself.,3.How do you distinguish a teleological perspective and a deontological perspective in business ethics?,Teleological systems of ethical behavior hold that the rightness or wrongness of behavior can be judged by,and only by,the consequences of those actions.Different from this argument,Deontological systems of ethi
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