Unit 1 Discussion: Please Review The Discussion Board Partic

Unit 1 Discussionplease Review Thediscussion Board Participation Gradi

Unit 1 Discussion please review the discussion board participation grading rubric. This is important information that will ensure that you earn maximum points. Your professionally written APA compliant postings, using appropriate sources should provide substantive depth that advances the Discussion. Please edit your posts for grammatical errors before you post. Be sure to review the requirements for each week’s discussion topic(s).

Remember that a post to the instructor is not considered a post to peers, so please be sure that you respond to at least 2 peers for full credit. In this unit, you started simulation gameplay. One of the key goals in playing a global business simulation is the change in mindset you as a leader must make to successfully operate from a values-based perspective in a multinational context. Understanding a Global Perspective Featuring David Goldsmith talks to us about the importance of this perspective in this video, providing some valuable lessons on mindset change. You as a consumer have a tremendous ability to change the world by using your values and ethics in purchasing and personal decision-making.

This in turn is the basis for decision making from a business leadership perspective. To demonstrate this, your main discussion question is something of a hunt and an analysis. Main Post: Look at the products in your home and note the many different countries involved in the creation of these products. Select 3 that are manufactured outside of the United States, or United States manufactured products that may have elements from outside of the United States incorporated into the final product. Complete the exercise in chapter 8 of the Cartwright book Setting Priorities: Personal Values, Organizational Results, Values, Motivation, and Priorities. Include the results of the exercise in your response.

Based on the results of your values exercise, review the business practices of these countries, and tell us: Are the values that are important to you incorporated into the business practices of these countries? Which are missing? How does this knowledge impact your buying decisions from a personal perspective and why? As a business leader, understanding that you need to run a profitable business, would you conduct business in these countries? Why or why not?

Responses to Peers

For at least one of your responses to peers’ posts, using your values exercise from Chapter 8, select a product the peer(s) posted and see if you come to the same conclusion. Talk about why your results were similar or different. You may want to revisit these courses to help you complete your response, including GB519: Measurement and Decision Making, GB540: Economics for Global Decision Makers, GB580: Strategic Management, and GB590: Ethics in Business and Society. Access all required readings (articles, videos, etc.) from the Library.

Paper For Above instruction

The interconnectedness of global supply chains has become a defining characteristic of contemporary business practices. As consumers and business leaders alike, understanding the cultural and ethical frameworks that underpin the manufacturing practices of various countries is crucial for making informed decisions that align with personal and organizational values. This paper explores these themes by examining products in the home, analyzing the underlying country practices, and evaluating the implications for both consumers and business leaders.

Firstly, identifying three products manufactured outside the United States provides insights into the global nature of supply chains. For instance, a smartphone, a piece of clothing, and a food product such as coffee are all commonly sourced internationally. The smartphone may involve components from China and South Korea; clothing might be produced in Bangladesh or Vietnam; and coffee is primarily grown in Colombia or Ethiopia. Completing the exercise from Chapter 8 of Cartwright’s Setting Priorities reveals the importance of personal values in choosing products. Many individuals prioritize ethics, environmental sustainability, and fair labor practices when making purchasing decisions. The exercise results often show disparities between personal values and the business practices prevalent in these countries.

Reflecting on the business practices of these countries reveals varying degrees of alignment with personal values. For example, South Korea and Japan are often recognized for their technological innovation and respect for environmental regulations, aligning somewhat with values of sustainability and quality. Conversely, countries with lower enforcement of labor standards, such as Bangladesh, may lack values of fair labor practices, which could be a point of ethical concern for consumers. This knowledge influences personal purchasing decisions; many consumers choose to prioritize products certified as ethically sourced or sustainable to align with their values.

From a business leadership perspective, operating in countries with differing value systems requires careful consideration. While profitability is vital, ethical practices and corporate social responsibility are increasingly important to consumers and stakeholders. Therefore, if a country’s business practices significantly violate personal or corporate ethical standards, conducting business there might pose reputational risks and ethical dilemmas. Conversely, engaging with countries that uphold strong labor rights, environmental standards, and transparent governance aligns better with values-based leadership.

In conclusion, understanding the cultural and ethical dimensions of international business practices enables consumers to make informed choices and allows business leaders to develop socially responsible strategies. Balancing profitability with ethical considerations is essential to sustain long-term success in a globalized economy. Recognizing the disparities in values across countries and the importance of aligning business practices accordingly fosters trust and integrity in international business operations.

References

• Cartwright, J. (2014). Setting Priorities: Personal Values, Organizational Results, Values, Motivation, and Priorities. McGraw-Hill Education.
• Goldsmith, D. (2012). Understanding a Global Perspective. Harvard Business Review.
• Friedman, M. (1970). The Social Responsibility of Business is to Increase its Profits. The New York Times Magazine.
• Hofstede, G. (2001). Culture's Consequences: Comparing Values, Behaviors, Institutions, and Organizations across Nations. Sage Publications.
• Schwartz, S. H. (2014). An Overview of the Schwartz Value Survey. Online Readings in Psychology and Culture.
• World Economic Forum. (2020). The Responsible Business Conduct Framework. Retrieved from https://www.weforum.org/reports/
• United Nations Global Compact. (2019). Business and Human Rights: An Introduction. Retrieved from https://www.unglobalcompact.org/
• OECD. (2018). Due Diligence Guidance for Responsible Business Conduct. OECD Publishing.
• Amnesty International. (2021). The State of Workers’ Rights in the Global Supply Chain. Retrieved from https://www.amnesty.org/
• Business for Social Responsibility. (2022). Ethical Sourcing in Global Supply Chains. BSR Reports.