Assignment Details: A Global Company By Definition

Assignment Detailsa Global Company By Definition Will Have Workers

Assignment Details: A global company, by definition, will have workers in different countries. It is to be expected that there will be differences—different countries have different laws regulating how many hours workers can work, minimum required age for employment, and wages. A challenge that frequently comes up for managers in a global company is how to navigate the ethical questions that arise. Case Example: You are the CEO of WeGlobal, Inc., a large company interested in expanding globally. One country you consider expanding into routinely employs children as young as 6 years old and often pays workers a salary of $1 a day. In that country, this is not illegal because there are no child labor laws and $1 a day is the average rate of pay for local workers in your industry. Additionally, by expanding, you know you can keep prices low for consumers and make a large profit for your company. Should you expand into this country? Choose a position, and discuss the following: FOR argument: Would you be for expanding into this country? Why? How is expanding into this country an ethical decision? AGAINST argument: Would you be against expanding into this country? Why? How is refraining from expanding into this country a wise business decision? Choose a position, and discuss your answer: Deliverable Length: 200 words (minimum) Reading Assignment Read the following chapters from the Introduction to Business Law with Student Manual textbook: · Chapter 3: Ethical Decision Making · Philosophical Ethics · Corporate Ethics · Chapter 4: Torts · Intentional Torts · Unintentional Torts · Strict Liability · Chapter 5: Crime Versus Tort · Business Crime Introduction to Business Law with Student Manual Author: Editorial Board Type: e-Book - BvD Publisher: Words of Wisdom, LLC Edition: 2 ISBN: Class: BUSNB

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The decision whether to expand WeGlobal, Inc. into a country that employs children as young as six and pays minimum wages of one dollar per day presents a profound ethical dilemma intertwined with strategic business considerations. This analysis explores both sides of the argument—justifying expansion from an ethical standpoint and evaluating the wisdom of refraining from entry based on the same ethical dilemmas.

Proponents of expansion might argue that in countries lacking child labor laws and where such employment practices are culturally normalized, the act of expanding is not inherently unethical, especially if the company adheres strictly to local laws—however minimal—and aims to contribute economically. From a business perspective, entering such a market may lead to increased profits, lower production costs, and global market share growth, which can be justified as strategic business decisions aligning with shareholder profit maximization. Ethically, one could argue that supporting local economies by providing jobs and income—even if low-paid—can be argued as a form of economic development, contingent upon respecting local norms and customs.

Conversely, opponents would contend that entering a country with such labor practices perpetuates and condones child exploitation and unfair wages, which violate basic principles of human rights and international labor standards. Refraining from expansion can serve as a moral stance against complicitly endorsing exploitative labor. From a business perspective, avoiding the market can safeguard the company's reputation, maintain ethical integrity, and prevent consumer backlash against ethical violations. It can also inspire corporate social responsibility by setting higher standards and choosing to invest only in countries with rigorous labor protections.

In conclusion, this dilemma underscores the importance of a company's ethical responsibilities in global operations. While economic benefits are significant, the moral implications of supporting exploitative labor practices make refraining from expansion a more ethically sound and potentially strategic decision in the long term, aligning with corporate social responsibility and sustainable business practices.

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