Do governments and companies in developed countries have an ethical responsibility to contribute to economic growth and social development in developing countries?
Do governments and companies in developed countries have an ethical responsibility to contribute to economic growth and social development in developing countries? ( 2 paragraphs!!!)
AND RESPOND THIS FOLLOWING 2 PARAGRAPHS!!!( THEY ARE MY PEERS WORK ,ANSWER THOSE PARAGRAPHS 3 TO 4 SENTENCES EACH)!!
(JIMMY) -Honestly this is the start of a great conversation. We are being asked if developed governments/companies have an ethical responsibility to contribute to economic growth in developing countries, in my eyes I would say no. In my eyes they don’t have an ethical responsibility. In my eyes the only way they are going to help is if its in their personal interest. Its like the E text states ” The ethical behaviour of business and the broader social responsibilities of corporations have become a major issue in the United States and all countries around the world”.”pg 64 e text” Why? Well that easy a lot of countries are so focused on building their economy and developing their growth that they don’t see the reason to help an under developed country.Dilemmas that arise from conflicts between ethical standards of a country and business ethics, or the moral code guiding business behavior, are most evident in employment and business practices, recognition of human rights, including women in the workplace, and corruption. The newer area of corporate social responsibility (CSR) is closely related to ethics. However, we discuss CSR issues separately. Ethics is the study of or the learning process involved in understanding moral- ity, while CSR involves taking action. Furthermore, the area of ethics has a lawful com- ponent and implies right and wrong in a legal sense, while CSR is based more on voluntary actions. Business ethics and CSR may be therefore viewed as two complemen- tary dimensions of a company’s overall social profile and position.”pg 65 e text” Ethics is the study of morality and standards of conduct. It is important in the study of interna- tional management because ethical behavior often varies from one country to another. Ethics mani- fests itself in the ways societies and companies address issues such as employment conditions, human rights, and corruption. A danger in interna- tional management is the ethical relativism trap— ”When in Rome, do as the Romans do.” ” pg 84 e text”
Now if its in their personal interest or an act of good faith then yes you will see one help another. For Example, look at what happened in Puerto Rico with the hurricane and how it destroyed a lot of homes and landmarks and the whole country in general. The United States had an ethical responsibility to help as Puerto Rico is a common wealth of the United States but countries like Cuba and Venezuela also helped with out any real obligation. This was an act of Good faith. This is were you saw unity with one another regardless of circumstance you saw people come together for one common goal.
In conclusion, its like I said there isn’t an ethical obligation to help but at times you would see countries help in good faith. You normally see the act after a devastating travesty or if the countries have some form of history supporting each other in the past. If those two factors aren’t you wont see countries helping one another.
SECOND PARAGRAPH
(Maria Morillo)- Hello professor and classmates,
Companies do have an ethical responsibility to contribute to economic growth and social development to developing countries. Some of the initiatives that allow corporations to be account for their conduct around the world. Governments and companies in developed countries have an ethical duty to add to financial development and social advancement in developed countries because numerous companies, and the government, win huge benefits from working together in developed countries. While numerous organizations appreciate these benefits, some may not be careful concerning how the creation of specific items may influence nature. Mindfulness is basic to how creation may influence nature and how essential human rights might be manhandled the world over. Information is control and when companies are kept advising of different laws in various nations and how these laws could influence their companies it can have a significant effect on their methodology when entering distinctive markets universally.
Companies in developed countries who use labor in developing countries especially have an ethical responsibility to contribute. These companies, specifically, are profiting from the modest work, yet they are doing nothing to propel the conditions that their laborers are living in. As the book takes note of, these firms. Besides, adding to monetary development and social advancement in creating nations is probably going to likewise convey here and now advantages to the administrations and organizations of created nations, as far as notoriety and political acknowledgment, and long haul of benefits and worldwide financial development.