Journal

Globalization : Its Implications and Relation to Ethical ResponsibilityThe world market has blend into one global economy and has brought free trades , tougher competition , incorporation , political systems , and sophisticated technology that aimed at rapid gather and development (OXFAM , 2000 Ernst Ozawa , 2002 . Although globalization grass create a m other(a) wit of empowerment , it also creates a sense of disempowerment and negative implications in the world economy (Su , E . 2000 Konadu-Agyemang , 2001 Fort Schipani , 2002 ,. 403 Dutfield , 2004 Business ahead(p) and s offspringholders of transnational corporations (TNCs primarily benefit from globalization it (Nuruzzaman , 2005 ) eon they take advantage of the human and natural reticuloendothelial systemources of most on a lower floordeveloped countries (Agarwal , 1998 ,. 198 . repay adequate to the need to cope with the changing demands of globalization , affair administrations are face with the dilemma of doing the right thing . It planms that it is required to involve low-cost production strategy in to action blue profitability . Thus , large companies are tempted to persona skillful workers from poorer countries as means to and end to be able to get on competitive advantage over other players whose objective is to stintingally advance other countries worldwide . stock-still , this journal argues that it is unethical for corporations to employ workers in foreign countries under difficult working(a) conditions , for wages that some people con fontr exploitativeGlobalization can every create disempowerment or empowerment (Fort and Schipani 2002 . On the coercive side , globalization may contribute to economic productiveness in different countries . Kofi Annan observes that the benefits of globalization are plain to see : h ot economic growth , higher living standards! , speed up blueprint and diffusion of technology , and management skills , new economic opportunities for individuals and countries analogous (Annan 2000 ,.9 . However technological factors that effectively drive the confirming results of globalization can negatively affect the social typeface in the lodge Organizational accountability to the common fair is oft suppressed since the social structures are being interrupt due(p) to the need to exchange for material development .

This often results to decadence of authorities or unethical access to wealth (Fort Schipani , 2002 . every organization is called to ethical responsibility to protect nature and familiarity while they purs ue their own interests and objectivesTavis (2002 ) believes that the global trends of the twenty-first deoxycytidine monophosphate is the global integration of markets , a new wave of res publica , and the evolving transfer of regulatory control from the nation-state to global governance networks . Studies on democracy and ethical responsibility assess the relationship amidst an organization s social and pecuniary functions . Companies must , therefore , be liable in effectively managing business processes as hygienic as human resources and deal with political and social issues that customers may pry their products or services batter (Chamberlain 1973 ,. 28 Karake-Shalhoub 1999 ,.3 paradise , et . al , 2006 ,.733 . Some companies like Enron Corp . and Global crossway , gather in failed to address the concept of ethics and engaged in financial scandals that made their reputation tarnished . On the other ease up , FedEx , Dell Computer Corp , Southwest Airlines , Microchi p engine room , and National Geographic Society have! been focusing on...If you respectfulness to get a full essay, order it on our website: OrderEssay.net

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