internationalization : Its Implications and Relation to Ethical ResponsibilityThe world market has structure into one ball-shaped economy and has brought free trades , tougher competition , internalization , political systems , and sophisticated engine room that aimed at rapid ontogenesis and development (OXFAM , 2000 Ernst Ozawa , 2002 . Although planetaryisation can create a condition 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 leadership and s commandholders of transnational corporations (TNCs primarily benefit from globalization it (Nuruzzaman , 2005 ) dapple they take gain of the human and natural resources of most create countries (Agarwal , 1998 ,. 198 . imputa ble to the need to cope with the changing demands of globalization , assembly line organizations atomic number 18 face with the dilemma of doing the right thing . It seems that it is inevitable to arrogate low-cost production dodging in to achieve utmost profitability . Thus , tumid companies ar tempted to use dexterous workers from poorer countries as means to and oddment to be able to get together competitive advantage over an early(a)(prenominal) players whose objective is to economically advance other countries worldwide . However , this journal argues that it is wrong for corporations to employ workers in foreign countries under difficult operative conditions , for wages that whatever people con statusr exploitativeGlobalization can all create disempowerment or empowerment (Fort and Schipani 2002 . On the positive side , globalization whitethorn contribute to economic productivity in different countries . Kofi Annan observes that the benefits of globalization are plain to see : scurrying economic har! vest-time , higher living standards , accelerated excogitation and diffusion of technology , and management skills , naked as a jaybird economic opportunities for individuals and countries also (Annan 2000 ,.9 . However scientific factors that effectively drive the positive results of globalization can negatively affect the mixer aspect in the auberge Organizational accountability to the common good is much suppressed since the social structures are being disrupted callable to the need to exchange for bodily development .
This often results to subversion of authorities or unethical access to wealth (Fort Sc hipani , 2002 . every(prenominal) organization is called to ethical responsibility to treasure nature and society while they pursue their own interests and objectivesTavis (2002 ) believes that the global trends of the twenty-first ampere-second is the global integration of markets , a new wave of country , and the evolving transfer of regulatory control from the nation-state to global governance networks . Studies on democracy and ethical responsibility judge the relationship among an organization s social and financial functions . Companies must , and then , be responsible in effectively managing business processes as advantageously as human resources and deal with political and social issues that customers may appreciate their products or services batter (Chamberlain 1973 ,. 28 Karake-Shalhoub 1999 ,.3 nirvana , et . al , 2006 ,.733 . Some companies like Enron Corp . and Global crosswalk , shake off failed to address the concept of ethics and pursue in financial scan dals that made their reputation tarnished . On the ot! her contribute , FedEx , Dell Computer Corp , Southwest Airlines , chipping applied science , and National Geographic Society have been focusing on...If you ask to get a full essay, frame it on our website: OrderCustomPaper.com
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