Discussion Topic: Business Ethics: Contracts with foreign businesses
In this Discussion Question, you are the owner of a manufacturing company, and you are considering a contract with a clothes manufacturer in India.
Please address the following in your response:
1- In reflecting on the limited international laws and regulations, briefly discuss some guidelines (principles and concepts) that you would have in your code of conduct (ethical/social responsibility policies).
2- Describe the ethical decision-making framework. (What will shape your code?)
3- In creating a code of conduct, what are some issues and concerns that you might have in ethical decision-making and adherence with US laws, global organizations, and governing bodies when working with a foreign business?© BrainMass Inc. brainmass.com July 23, 2018, 1:49 pm ad1c9bdddf
1. In reflecting on the limited international laws and regulations, briefly discuss some guidelines (principles and concepts) that you would have in your code of conduct (ethical/social responsibility policies).
Some guidelines that I would have in my code of conduct would include:
a. Stating my company's policies, values, and international work that the company values so deeply.
b. Adhering to foreign relations in terms of their ethical and social responsibilities.
c. Creating a committee that would maintain ethical standards.
d. Conduct routine meetings to ensure that our company adheres to policies.
e. Create a code of community awareness.
f. Development of health standards when working in a foreign community
g. Use clear language that will be easy to understand, despite the communication barriers
h. Educate employees on the code
This solution discusses business ethics in working internationally.