Global Ethics Strategy, Research Paper Example
Words: 621Research Paper
The global industry of commerce is a trend that currently characterizes the field of modern business proceedings. With the ideal pattern of globalization being applied in almost all aspects of modern human living, establishing camaraderie between people from different nations has become a worldwide culture especially in business. To note, most large scale business operators today measure their success based on the global impact that they are creating in the market. It is as if going global is the only way to go if he wants to feel the real benefits of global business operations. Nevertheless, entering such conditions of business operation involve not only the desire to expand worldwide. More than anything else, it is the strategy that a business operator takes that matters.
One winning strategy that most business operators embrace today is that of the use of worker-outsourcing. In line with the expansion of their businesses, most administrators try to balance out the benefit and expenses that the principles of globalization provides. Notably, such conditions include the attention that the administrators must place with regards the manner by which they apply ethical measure of business operation in their overall culture. Business ethics, like corporate responsibilities, is considered to be the most important source of success that businesses could base their operations upon. How then should global ethics strategy impact the overall approach to business development that organizations are taking into consideration today?
In relation to global outsourcing of workers, administrators of foreign business face a great responsibility of handling their connection with these remote workers with an utmost concern for ethics. Likely, the rules and regulations of labor largely differ between nations hence promoting the administrators to be careful enough in assuring that they are not stepping over the labor rights of their foreign employees from a remote branch or area. Proper human resource management amidst distance is then expected to be applied by the administrators who are given the responsibility to deal with personnel issues abroad.
True, realizing the need for business expansion is one thing, handling the challenges it brings is another. While employee or worker outsourcing does support the need of business to cut costs in providing employee salaries, it also raises the question on the capacity of the organization to respond to its corporate responsibility of producing employment for the local residents who they work along with in their headquarters. Carefully seeing through the ethical factors that make up this decision shall protect administrators from incurring any particular enmity with the society that it is supposed to work along with. Relatively weighting the pros and cons of the decision is highly essential especially in determining the real value of worker outsourcing that the business operators might like to adapt as a conventional culture of their business.
Overall, the acts of global business developments and the strategies that come along with these relative adjustments to operation carry both the advantages and the disadvantages of the process. Notably, as worker outsourcing has been used in this presentation, the application of ethical business strategies is seen to have a great impact on how a business could succeed in operating in a more globally defined course. The capacity of administrators to measure and balance the advantages and disadvantages of global operation based on establishing ethical business culture creates a more defined path for development. Around the globe, the development of business entities based on expansion and outsourcing is already an accepted culture. Nevertheless, being careful enough in handling its legal and ethical clauses before entering in a global agreement under the said operation is always helpful in protecting the stance of the business in line with global expansion.
Duska, R. (2007). Contemporary Reflections on Business Ethics. Boston: Springer. Chapter 10: Globalization
Time is precious
don’t waste it!