Term Papers: Based on that, recommend best practices for a company that wants to expand its operations abroad. What philosophies of ethics would you recommend as frameworks for action?
In order to succeed or to remain successful, companies need to have a good synchrony with their external environment. As companies expand their operations to different countries and in order to be accepted in a different culture, they have to adapt by changing some of their ways of doing business. Globalization may bring an intensification of ethical differences and ethical conflicts. From a company’s perspective, business as usual may be preferable, while local traditions and values can be seen as parochial, backward or even reprehensible. Conversely, from the standpoint of foreign cultures and communities to which the company expanded operations, the ways of doing business and behaviors favored by multinational corporations can be perceived as invasive, insensitive, or even immoral.
One good example of this would be the way Muslim fundamentalists would see many Western corporations and the products offered by them.
Using the University online library resources, locate a minimum of four different scholarly sources on organizational and national culture and ethical challenges faced by multinational companies and summarize your findings. Based on that, recommend best practices for a company that wants to expand its operations abroad. What philosophies of ethics would you recommend as frameworks for action? Justify your choice(s).
