MOD 8 DIS 1

Instructions

THIS IS A DOCTORAL LEVEL COURSE, IN DOCTORATE OF BUSINESS ADMINISTRATION PRPOGRAM, THIS COURSE IS CALLED (Business and Management Across Cultures). PLZ BE PROFESSIONAL...EVERYWEEK, WE HAVE A MODULE, HERE IS THE SUMMARY OF THIS WEEK MODULE, SO U CAN UNDERSTAND WHAT THIS WEEK'S LESSON IS ALL ABOUTSUMMARY OF THIS 8th WEEK'S MODULE:Module 8: Managing Interdependence: Social Responsibility and EthicsCongratulations for making it to the final module in the course! If you reviewed the global news networks in T.V., Internet and/ or papers, you may have noticed that a lot of negotiations were based upon some event in the country, e.g., climate change, pollution, etc. In this final module, we explore social responsibility and ethics in global environment.  Personally, this is one of the most fascinating areas to research because what is unethical in one country is the norm in another.As we review ethics associated with CSR relevant to management across culture, consider strategies you believe can assist Global Leader in business. In your consideration, examine the stakeholders you would have to convince. In consideration of the aforementioned, I believe the right strategies could actually be a global game changer in the business environment since we are now globally entrenched these days.  What a thought! PROMPT: Provide an example of an ethical dilemma that can (or has) come about because of an MNCs failure to understand Corporate Social Responsibility when operating in multiple countries? In your response, explain the role of culture in the dilemma.LINKS THAT ARE FOR THIS WEEK'S MATERIAL READINGS:https://saylordotorg.github.io/text_international-business/s07-04-global-business-ethics.htmlhttps://www.sciencedirect.com/science/article/abs/pii/S1090951615000632https://www.transparenthands.org/corporate-social-responsibility-csr-in-different-countries/https://www.youtube.com/watch?v=l9IyDvkxADU

Answer

Following the rise of capitalism in western countries, new ethical dilemmas emerged for multinational corporations (MNCs). During the rise of global capitalism, Western MNCs realized that they could increase profitability from lower environmental, human rights, and labor standards. The most affected corporate social responsibilities (CSRs) during the rise of global capitalism were environmental, welfare, human rights, and ethical responsibilities by MNCs (Kolk, 2016). Ethical dilemmas may occur due to failure to follow regulatory standards or fulfill business roles. CSRs are incorporated in a corporation's daily operations as part of its basic responsibilities. Texaco, for instance, was accused of making higher profits in Ecuador and Argentina due to low standards that led to the irreversi...

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