Monday, January 27, 2020

Globalisation And Poor Work And Flexible Labour Practices Economics Essay

Globalisation And Poor Work And Flexible Labour Practices Economics Essay Globalization is on every bodys lips; a fad word fast turning into a shibboleth, a magic incantation, a pass-key meant to unlock the gates to all present and future mysteries. For some globalization is what we are bound to do if we wish to be happy; for others globalization is the cause of our unhappiness. (Bauman, 1998) There are lots of mists attached to globalization which unveil the consequences to the human condition. It is difficult to measure the impact of globalization on the whole society so the focus of this essay will unveil if poor work practices and flexible labour practices are result of globalization or not. I will be talking about it in context to China, Bangladesh, Nigeria, and with the help of few case studies in relation to Europe. But it is important to emphasize the fact that globalization is not a new phenomenon; it existed earlier even in the form of exchange of goods across the nations. Globalization can be defined as the phenomenon to turn our world to a boun dary-less world. Giddens (1990:4) describe globalization as the intensification of world-wide social relations which link distant localities in such a way that local happening are shaped by events occurring many mile away and vice versa. (Debrah and Ian, 2002) An important aspect to look into while answering the question is whether globalization leading to unity/prosperity or it is taking us back to 18th century to the origin of sweatshop? Poor work can be defined with the example of sweatshop. Sweatshop is a work place and labour system in which labour faces long working hours, job insecurity, harsh working conditions, low wages, safety violation, inhumane treatment with employees and employees working in temporary illegal workplaces. All this come under the definition of poor work. Sweatshop is an extreme example of what economists call flexible specialized production. (www.answer.com) Flexible labour practice is a generic term for employment practices that is differentiated from the traditional norms in terms of the hours worked, length of contract, or the place of work. (www.bnet.com) Different type of flexibility are Functional Flexibility: skills Numerical Flexibility: amount Financial Flexibility: wage policies Temporal Flexibility: time Convergence to Poor work and Flexible Labour Practices Globalization leads to greater international competition, in order to compete, organisations need to be tuned into markets and need to be responsive to change. It is not only the globalization that affects the market so that it tends to change. Variety of opinions from various schools of thought exists over the rise in employment flexibility. The best examples could be the international oil crises of the 70s, rising unemployment rates in the 80s, the failure to use demand-side Keynesian politics to boom economic growth, the neo-liberal harsh strategies to cull unions, the re-surfacing of microeconomics models, the rise in female employment etc. (Standing, 1999 cited in Bernardi, 2001). Flexibility enabled producers to adjust supply to demand swiftly and reduced the risks involved in long-term investments. It also allowed them to expand to meet fresh demand and retract during downfalls. Producers tend avoid union rules and legal regulations and restrictions that fix wages, worker-benefits, and conditions by working in hidden shops and moving frequently. Sweated labor systems shift the social responsibility of production to society. They create a secondary labor market, through illegal immigrants because of globalization. In sweatshops young women and the undereducated people working in unskilled labour jobs. Somewhat same is happening in globalization: as many researchers blamed the exponential increase in the immigration on it. Poor work seems to be pretty prevalent in developing countries such as India, Bangladesh and china. In these nations the poor work seems to exist in multinationals and big manufacturers as well though there are laws which protect employees a nd international labour standards but outsourced factories hardly pay heeds to these standards. As in globalization it can be said the richer is becoming richer and the poorer is becoming poorer. The most famous example of use of child labour was in Nike factory production in China, which was exposed by the media to the world, which affected the brand image and affected the sales of the brand, because of using inhumane and child labour to produce the goods. After the Nike incident multinational companies have started to take measures in order to solve these issues. Now multinational companies are keeping a close eye on their outsourced production houses in developing countries. For example Apple has disclosed in its Supplier Responsibility 2009 Progress Report that some of its original equipment manufacturers in China were involved in bad labor practices. Apple said that of the 83 OEMs which make iPhones and iPods in China, 45 did not pay the workers for overtime and 23 paid their employees less than the local minimum salary standard. Apple stated that since 2007, Apple has been conducting inspections of the employee working conditions in its OEMs and is taking measures to im prove the work environment. (www.chinasourcingnews.com) this is where the role of international labour standard will help improve the working condition across the world. Various groups support the anti-sweatshop movement today. The National Labor Committee brought sweatshops into the mainstream media in the 1990s when it exposed the use of sweatshop and child labor to sue Kathie Lee Giffords Wal-Mart label. (www.chinasourcingnews.com) Vietnamese and Taiwanese managers are particularly known for their disciplinarian. (Chan A and Wang H.Z, 2004) The working conditions are harsh in all Taiwanese outsourced factories in different country. But it is noted from Chan and Wang 2004 study on Taiwanese management in China is harsher than it is in Vietnam. There are poor condition and more harsh disciplinary action taken when managing the Chinese employees. Globalization has lead to domestic migrant workers. By the end of 2006, there are 17 million migrants workers working in cities of which, 55% were in manufacturing, with an average monthly minimum wage of 500 Yuan ($70). (www.stats.gov.cn) the poor work exist in the form of long hours, safety/ health issues, child labour, physical punishment, delays in payments, giving poor living space for workers to live in and so on. (Chan, 2001) It is difficult to control the production process that is done in an outsourced factory in developing country. With the example of footwear industry in Europe, we can see how developed countries are trying to fight against deteriorating work and unemployment through flexibility. In Italy the footwear industry is outsourcing and subcontracting work in their local regions instead of overseas where the labour is cheaper. This is possible due to high unemployment in Europe. In EU unskilled labour seems to exist and paid low but not as low as in developing country. According to Paul Brenton et al (2006) a key feature of footwear industry in Italy has been increasing flexibility of production. And the reason of subcontracting to local region is the maintenance of stable and continuous linkages between shoe producers and subcontractors. According to Brenton et al (2006) unskilled labour, on the other hand, whose wages are generally low, often face considerable employment instability. In his study, he revealed that flexible production method help in the success of the foot wear industry in Italy. Brenton et al (2006) emphasis the fact that Italy alone in the whole EU was able to maintain domestic output and employment level in the footwear industry, otherwise there has been a shift of standard-labour intensive manufactured products from OECD countries to low-wage developing countries. Due to unemployment in the EU of the unskilled labour, footwear industry in Italy has benefitted because of it. As these unskilled workers willing to work for less due to unemployment, so globalization has a great impact not just on employment in developing countries but also on employment in developed countries in this case in EU. In order to eliminate these inhumane conditions, reformist movements focused on three pronged strategy: supporting labor unions, a very strict state sponsored check and balance system that better regulated the economy, and an informed consumer through national consumer movements. According to Blyton et al. globalization often poses serious threats to the local labor markets as deteriorating working conditions, the role of trade unions is minimized due to the impacts of the change in the global markets on local markets. It is often referred to the race to the bottom for employment conditions. (Debrah and Ian, 2002). This point can be explained by Heerge et als work on the response of the UK unions to the US inspired organizing model of trade unions, a response which has been patchy and limited to a few cash-rich unions which have adopted the membership campaign approach. British trade unions to overcome the obstacle to the adoption of the organizing model may have negative impact on membership growth and representational power in the battle to influence globalization and its impact on the employment experience of existing members. (Debrah and Ian, 2002) Castells (1996), he relation between globalisation and structural changes in the labour market is that the globalisation has made possible and encouraged an extensive restructuring of firms and organisations. In doing so, the globalisation process has also introduced a shift in the bargaining power between capital and labour, in favour of the first. With the rise in employment flexibility, i.e. the diffusion of fixed-term contracts, training contracts and semi-independent forms of employment, the impact of globalisation can be understood in two ways. (Debrah and Ian, 2002) The effect of globalisation on society can be summoned in two points: the increase in employment flexibility and increase in unskilled manufacturing employment. (Debrah and Ian, 2002). The employment flexibility has given rise to different type of flexible labour practices. Has lead to inequality, trade union oppositions and ethical considerations. Increase in unskilled employment has lead to the deteriorating work practices. There is still rise in the unskilled employment in developing countries, because labour is cheap and in country like Bangladesh, Pakistan, India and China need a source of income, in whatever way they can get. Why, then, do women workers endure these conditions with apparently little protest? And why those who claim to have the workers interests at heart resist the idea of using internationally enforced sanction to improve their labour standards? (Kabeer, 2004) The answers to these questions rest on the life of Bangladeshi women before taking the present jobs of working in garment industry in the era of globalization. In the study by Naila Kabeer (2004) on Bangladeshi women shows that they are satisfied with their work as it pays them well as compared to the previous standards. It is paying them wages on regular bases that boosts the self-confidence in them. It provides them the opportunity of socializing and gives them autonomy that wasnt existent previously. Along with all those it gives them some voice in decision making at home that was supposed to be the man domain previously. (Nazli Kibria 1995; Zohir and Paul-Majumder 1996; Sajeeda Amin, Ian Diamond, Ruchira T. Naved, and Margaret N ewby 1998; Margaret Newby 1998; Kabeer 2004; Paul-Majumder and Begum 2000; Dannecker 2002; Kabeer and Mahmud, forthcoming cited in Kabeer, 2004) In sweatshop the work was done in illegal places, but now in the era of globalization the inhumane conditions still precede but now they done in the outsourced factories of Multinational Corporation. Some practices seem to be similar to the practices and conditions of the sweatshop in the developing countries in this boundaryless world. In Kabeers (2004) article one quote that speaks thousand words illustrate the helpless situation of women in developing country and how their situation is helping the big giant multinational corporation to manipulate situation to their advantage. It has lead to inequality, as the powers of multinational garment industry around the world are misusing their power to minimize the cost to utmost. The below situation doesnt speak for just the Bangladeshi women but it speaks for the entire working women of developing countries. My name is Fatema Akhter. I am a garment workerà ¢Ã¢â€š ¬Ã‚ ¦ As garment workers we live and work under difficult conditions but at least we are managing to earn a living. Now we have heard rumors that in the next two to four years, the garment industry may close down. What will happen to us? You perhaps all aware of the situation of women in Bangladesh- women have very few opportunities for employment. We are, however, slowly making some progress. Because of jobs in the garment industry, many Fatemas like me are able to work honorably. Garment is the only option for us. We beg you not to take away these jobs and our right to work with dignity. (Peoples Health Movement, 2002:41-2 cited in Kabeers, 2004) The increase in economic interdependence in capital and goods/services markets has enabled managers search for more flexibility in employment relationships to face international competition and adapt swiftly to tough markets (Treu 1992 cited in Bernardi, 2001). There seem to be a shift from manufacturing industry to more into services industry. Manufacturing / production industry is more on the flexible labour employment. However, that some form of flexible employment such as consultant contracts are also spreading into the service class. (Bernardi, 2001) Unemployment and the loss of jobs in developed countries are somewhat generally linked with globalization. The Reason is that multinational corporations are moving their factories to developing countries. Due to the increase change in technology has resulted in more job losses. Mostly in developing countries like Pakistan, Bangladeshi, China and India poor women are working. Flexible organizations today are experimenting with varying schedules of time called flexitime. (Sennett, 1998) Flexitime arose from a new influx of women into the world of work. Poor women have always worked in greater number than women of the bourgeoisie. (Sennett, 1998) In 1960, about 30 percent of American women were in the paid labour force and 70 percent were not; by 1990 nearly 60 percent were in paid labour force and only 40 percent were not. (Sennett, 1998) The women need more flexible working time so they can work part-time and be parent full-time. In France they have imposed collective reduction in working time to create more jobs to fight unemployment and at the same time helping creating a balance between work and family life for women who has families. (Fagnani and Letablier, 2004). They work in harsh working condition to earn wages for their family living. Common to almost all OECD countries Turkey being the only exception is that part-timers are mainly women. Womens share in part-time work is the largest in Luxembourg (88%), Belgium (87.4%), the United Kingdom (86%) and Austria (84.2%). (OECD, Employment Outlook 1997.) Flexible contracts help maintain balance between work and family life. A very good example is of female UK part-time workers, they reported higher levels job satisfaction than full-time counterpart. (Booth and Van Ours, 2008 cited in Green et.al 2008) Same case is reported between Australian female part-time counterparts, they reported high degree of job satisfaction as well, showing that globalization has facilitated the female working class with lots of financial as well as non-financial benefits. In Australia some workers are working over 60 hours per week which is the second highest among the developed countries. (ACTU, 2001 cited in Green et.al, 2008) According to Booth et.al (2002) found that flexible contract workers were generally paid less, received less training and were less satisfied. (Green et.al, 2008) On the other hand permanent employees are given training and compensation benefit along with job security. Conclusion It can be said that for some globalization has been the cause of happiness and for others it has been the cause of discomfort. In case of the study on Bangladeshi women working in garment industry were happy and satisfied with their regular income. Globalization has become cause of unhappiness for many individuals and families because it leads to unemployment. Unemployment has given rise to flexible employment. Mostly women seem to be employed in flexible labour contracts. Flexible employment leads to job dissatisfaction and contain some elements of poor work which are low wages, long working hours, less union control. Globalization has lead to change in labour market conditions which has given rise to the flexible employment. The other important thing to look back into is that the poor working condition has been raised by the affects of globalization and free market mechanism but it isnt the only sole reason for these inhumane condition; other factors such as economics, competition, labour market conditions, unemployment and the standard of work already in developing countries has an impact as well. But the question arises as how to improve these working conditions, especially in countries like China and Bangladesh where there are really poor working conditions. International labour laws standards need to be placed in developing countries but in a friendly way, the forced imposition of it wont help to improve the standards. The help of developed countries will be needed in order for these laws to be placed in an effective way. Word Count: 3,028

Sunday, January 19, 2020

Christianity and Hinduism Essay

I wanted to compare Hinduism to Christianity. I did not know anyone around here so I contacted a family member that lives in the Philippines. His wife’s family fallows Hinduism. I interviewed them over the Internet through video chat. That was very interesting. I had to have my family member translate to me somethings. But it was fun. I also have them write what they were answering to me. I e-mailed them the questions in advance so it would not be a shocker when I asked. I felt as if I was rude at times asking some of the questions. I kept apologizing and all they kept laughing at me. The interview was with Byra and Hansa Bose. Translation was Sandra and Justin Usry. Hinduism is generally regarded as the world’s oldest organized religion and the world’s third largest religion. Christianity is the largest religion in the world. Hinduism consists of thousands of different religious groups that have evolved in India since 1500 BC. Most forms of Hinduism are henotheistic religions. They recognize a single deity and view other Gods and Goddesses as manifestations or aspects of the supreme God. Hinduism has about nine hundred and fifty million followers that is about fourteen percent of the world’s population. It is the dominant religion in India, Nepal, and among the Tamils in Sri Lanka. Christianity was founded in the early 1st century AD. Christianity has around two billion followers. That is around thirty three percent of the world’s population. Hinduism is a constantly changing religion. It was not founded by a person or prophet. Hinduism is characterized by its beliefs in reincarnation. Hindus believe in one Supreme Being but in many Lords. There are said to be three hundred and thirty-three million Lords. The lords are perceived as divine creations of that one being. Hinduism views compose of three worlds, the physical universe, subtle astral, and the spiritual universe. Christianity was founded by Jesus Christ. To be a Christian you have to believe only in Jesus and acknowledge him as your only savior. The Bible is the main source of the principles and values of Christianity. The Veda is the Hindu holy book. The Veda consist of four books; Rig, Yajur, Sama, and Atharva. The books include over 100,000 verses.  The knowledge imparted by the Vedas ranges from earthy devotion to high philosophy. Christianity is an organized missionary religion. The Christian Church is divided into three major groups, the Roman Catholic Church, the Protestant Churches and the Orthodox Churches. Hinduism does not have a centrally controlling organization it has some ancient scriptures to guide it. That is a joke. Christianity believes that God created the world out of nothing. Hindus say that is not true. Nothing can come out of nothing. That everything has to exist from something. So Hindus think God created the world out of himself using the elements and qualities of his energy. Christians believes that God and men are different. God created man in His own image. The world and men exist separately from God. Hindus believe the whole universe is enveloped and inhabited by God. Hindus believes that the universe was created billions of years ago through a gradual process of materialization brought out by Prakriti and that the earth is just one world in a series of thousands of worlds. Christiani ty believes that the world was created a few thousand years ago over a period of seven days. That the earth is the center of the universe. Hindus do not believe in conversion of people. A person becomes a Hindu either by birth or through conscious that is by choice. Christians accepts conversion as a way of saving them from certain damnations. It is the responsibility and sacred duty of every Christian to save everyone who are not Christians by bringing them to Jesus. Hindus do not believe that you go to heaven or hell like Christianity rather they believe in the concept of Karma. Hinduism men are judged by their own karma. If you do badly in one life you have many more to work the bad karma off. The only way to get out of the cycle of life and death is to achieve true enlightenment. When a person achieves enlightenment he or she doesn’t go to heaven or hell, he or she is beyond heaven or hell. He or she would have become part of the entire universe. When enlightenment is reached they become part of God. Hindus believe that the death of a human being only extinguishes the bodily form of existences as the soul reincarnates in  another life form. They believe that a human being has it within his ability to attain Moksha, the final extrication of the soul, by applying the principles suggested by the scriptures. Christianity believes a person commits sin against God by bracken the ten commandments. If someone leads a life of sin without acknowledging God and without believing in Jesus, he will become a victim of the Devil and fall into temptation. If he is a true believer, God will save him and grant him an eternal life in heaven. It is the conduct of a person on earth that determines the person’s fate. A sinner can seek forgiveness of God and Jesus through repentance and submission and he will be forgiven according to the strength of his belief. On the Judgment Day all souls are resurrected and judged by God according to their actions on earth. Both Hinduism and Christianity believe in the eventual destruction of the world. However Hinduism does not believe in the permanent destruction of the world but in the repetitive nature of creation. There will be repetitive cycles of creation followed by destruction. In Christianity after that happens they reside either in the heaven or in hell eternally. Hindus worship a lot. They commonly worship shrines in three different environments, in temples, in the home, and in outdoor public spaces. Hindus believe that if proper care is not taken of a temple’s images, the deity will abandon the temple. Hence priests reside at the temple and take care of the gods’ needs. Priests perform puja at sunrise, noon, sunset, and midnight. For a layperson, however, visiting a temple every day or even regularly is not mandatory, and many devout Hindus worship at home. The essential aspect of puja is not congregational worship but an individual’s offering to a deity. Worship in the home usually takes place daily. Christians will worship anywhere. However when they come together to worship they will usually come together in a church. Prayers are usually done before a meal and before bed. It can be done at any time whenever a Christian fills the need to pray. Some holidays that Hindus celebrate are Shivarathri â€Å"The Night of Shiva† a festival celebrated in honor of Lord Shiva, Holi, Raksha Bandhan which is celebrated on the full moon day of the Hindu month of Sravan (August-September). It is one of the important Hindu festivals. Hindus who  wear a new holy thread offer their respects to the ancient Rishis by offering them water on this day. Telugu New Year’s is celebrated on the first day of the month of Chaitra (March-April).This is a happy day and is celebrated with great enthusiasm. This is New Year’s Day for the people of Andhra Pradesh and also the Telugu people all over the world. Navarathri is celebrated twice in a year, once it is celebrated in the month of Chaitra and then again in Aswayuja. It lasts for nine days in honor of the nine forms of goddess Durga. During Navaratri devotees of her observe a fast. Brahmins are given food and prayers are offered as it is believed that this provides protection of health and property. Ganesh Chaturthi is most popular of all Hindu festivals. It is the birthday of Lord Ganesha. It is the most sacred day for Lord Ganesha. It falls on the 4th day of fortnight called Bhadrapada. It is observed throughout India as well as by devoted Hindus in all parts of the world. Krishna Janmashtami is the birthday of Lord Krishna, who is the eighth Divine Incarnation. It is believed that Lord Krishna was born at midnight. Many people go on a twenty-four hour fast on this day, which is broken at midnight. Ramnavmi is the last one. Christianity has a lot of holidays too but the really important ones are Christmas Eve which is the day before Jesus Christ was born. Christmas Day is the day Jesus Christ was born. There is Ash Wednesday which derives its name from the practice of placing ashes on the foreheads of adherents. Doing this is a sign of mourning and repentance to God. When God was walking to be crucified there was a village that laid palm tree leaves down for him to walk on. When he left they burned them and that is where the ashes come from. It also starts Lent. During Lent, many of the faithful commit to fasting or giving up certain types of luxuries as a form of penitence. Good Friday, the passion or and death on the cross of the Lord, Jesus Christ. Easter is the day Jesus resurrected. Now let’s talk about food. Christians have no limitations to what they eat, but the Hindus do. They cannot eat onions or garlic. Onions and garlic cloud the mind with passion. I think that is funny. Also onions and garlic gives the breath an odor which offends Lord Krishna. Mushrooms cannot be eaten because they grow in dung and an unclean ground. Anything from a cow is forbidden. Cows are sacred. They are known as â€Å"the mother†. So they cannot  eat cheese, milk, butter, or any of the cow’s or cow’s meat. They also cannot eat pigs. Pigs are forbidden also. Vegetarianism is very common in the Hindu religion. About thirty percent of Hindus are Vegetarians. In conclusion I had a lot of fun learning about both these religions. I learned that Hindus have a lot of gods and pray a lot. I don’t think I could pray that much. Christianity only has one god that is thought to be three other things. I had a little trouble understanding that one. They both are very complex. They have many other religions that branch from them.

Saturday, January 11, 2020

Supply and Demand Simulation

1 Supply and Demand Simulation Connie F. Dents ECO/365 November 6, 2012 Tulin Koray 2 Supply and Demand Simulation The Supply and Demand Simulation is about the rental of two- bedroom apartments that is managed by Goolife Management Company. The Goodlife Management Company is in the City of Atlantis. The Simulation will show the different scenarios in how the shift in demand and supply curve, demand and supply shift, price ceilings, and the equilibrium changes, also the decrease and increase, and how supplies changes can stay the same.This assignment asks to identify two microeconomics and two macroeconomics principles or concepts from the simulation. Before one can identify he or she needs to know the definition of microeconomics and macroeconomics. As stated by (Colander, 2010) Microeconomics is the study of individual choice and how that choice is influenced by economics forces. Macroeconomics is the study of the economy as state by (Colander, 2010). Scenario one and four identify microeconomics concepts.In scenario one it describes the Goodlife management company, which manages two- bed room apartment’s has a large amount of vacancy, to have less vacancy the Goodlife management company would need to lower the rate on the rental property from 28% to 15%. By reducing the rental rate quantity is but a lower rate with other things remain constant. The Goodlife Company will have more apartments, which are not at a demanded. 2 The rental company continues to have surplus of apartment but to rent them the rental rate would have to be reduced. In the fourth scenario it explains that Lintech has move to Atlantis, which increase the city ofAtlantis population. The increase demand for apartments have increased, this will increase the rate of rent. Because the rental is higher, but this is a demand and supply increase, and the 2,350 apartment would have been rented for the price of $1,400. Macroeconomics is identified in scenario three and seven. In scenario thr ee a statistics was provided by the Atlantis housing survey on the demand for two- bedroom apartments in the city of Atlantis. It states that so many apartments will be demanded, but survey shows an imbalance between quantity demanded and quantity supplied at the price of renting a two-bedroom apartment.Because of high rent folk that works in Atlantis lives in neighboring towns because of the low rent. For there not to be a balance between quantity demanded and quantity supplied the rental rate have to decrease. When the scale is balanced, it show equilibrium has been meet. When the rental rate is below the equilibrium this causes for the quantity demanded is larger than the quantity supplied, this leads to a shortage of apartment in the market. Scenario seven states that the government imposed a price ceiling on rental property in the last two years that cannot exceed $1500. 3The imposing of the price ceiling in this scenario is below equilibrium as in this case, it makes the quant ity supply less than the quantity demand. As stated in the (ecampus. phoenix. edu) prices ceiling can have both economic and social consequences. In scenario two the shift of supply curve is upward sloping, and in scenario four the demand curve shifts to the left. In scenario two where the supply curve is upward sloping this was caused from an increase in rental rate. In scenario four the cause of the shift in the demand curve is caused from more people demanding apartments.In the shift of supply curve it would not affect the equilibrium price, as stated in the (ecampus. phoenix. edu) the supply curve for products are imaginary line at a point, which tells you the quantities, and the decision maker cannot access the supply curve. In the shift of the demand curve means that the quantity demanded is more than the quantity supplied at the original equilibrium, and the decision maker would increase the quantity demand. In the workplace I would apply it to access as to what student are a ccomplishing according to mastery, partial mastery, or non- mastery, and his would help all person who are assisting the students to know what his or her needs are. Price elasticity of demands affected consumers as related to the simulation is the increased and decreasing prices of the rental property. Folk that worked in the city of Atlantis lived in neighboring city because of the high priced two-bedroom apartments. 5 Reference Economics for Business, University of Phoenix, Retrieved from https://ecampus. phoenix. edu Colander, D. C. (2010). Economics (8th ed. ). New York, NY: McGraw-Hill

Friday, January 3, 2020

Globalization of Business Ethics - 1895 Words

â€Å"The more one knows ethics, the more it is used and the more useful it becomes†-Plato, The quote by Plato is a reminder on just how important ethics is and how important it is to educate yourself on proper ethical practices. In the following paper I would like to look at the topic of global business ethics. Recent studies in business ethics have shown both remarkable similarities and differences across cultures with respect to attitudes toward questionable business practices. First I would like to talk about the affect that culture has on ethical behavior. Next, I would like to talk about ethical complexities and challenges facing businesses that operate internationally, mainly focusing in on multinational corporations and the ethical†¦show more content†¦A deeper and less obvious level comprises those things which individuals hold dear and which guide their behavior. They serve as rules of conduct and can be important guidelines for how individuals should or oug ht to behave. The Japanese elevation of politeness in behavior may reflect the limited physical space in the island nation. However, politeness to others is clearly how the Japanese should behave toward one another. Violations of the norm cause others surprise and anger and sometimes lead to sanctions against the offender. The third and hidden level represents values, and specifically represents the assumptions we use to perceive and deal with reality. For example, some cultures perceive people as essentially good while others tend to take a more pessimistic view. It is difficult to separate the lower two levels since attitudes and values tend to overlap. However, they form the underpinnings of individual and business interactions. Managers like clear guidelines to aid their decision-making. A list of rules citing prohibitions and allowed practices is often helpful. Unfortunately, such lists are too simple to guide cross-cultural ethical interaction. For example, gift giving is not usually prohibited in most cultures. However, in a given culture, giving a gift may be ethical or unethical. In some societies, like China, presentation of a small, carefully chosen business gift conveys a great deal of respect and is a signShow MoreRelatedGlobalization Of Business Ethics Essay1851 Words   |  8 Pagesâ€Å"The more one knows ethics, the more it is used and the more useful it becomes†-Plato, The quote by Plato is a reminder on just how important ethics is and how important it is to educate yourself on proper ethical practices. In the following paper I would like to look at the topic of global business ethics. Recent studies in business ethics have shown both remarkable similarities and differences across cultures with respect to attitudes toward questionable business practices. First I would like toRead MoreInternational Business : The Challenges Of Globalization963 Words   |  4 Pages Globalization nowadays is a very popular topic. 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Globalization, technology, innovation, diversity, and ethics are just some of the factors companies are facing that can affect functions of management. Managers are trained to identify these factors and analyze how they will affect the functions of their management. Planning, organizingRead MoreChanging Role of Hr Management959 Words   |  4 Pagesdriven by e-business and technology need to be ready to respond and adapt to the environmental changes and should focus on satisfying the company’s customer needs. In this role, the HRM contributes proactively to the development of global strategic plans and objectives. This essay will explain the changing roles in human resources management to the trends of: (a) globalization, (b) technology, (d) diversity, (e) e-business, and (f) ethics. Globalization The globalization of a business is theRead MoreThe American Red Cross1243 Words   |  5 Pages(Mission statement,  para. 1). It claims a history of founding in 1881 in Washington D.C. by Clara Barton. Still operating today, 129 years later, is evidence of its success as an organization. It has endured despite the fact that the very nature of its business is tackling challenges. Following is an analysis of this organization based on the four basic functions widely accepted as the core roles of management: planning, organization, leading, and controlling. Additionally, delegation is discussed, as