Ethical Business Management

Write a 250-500 word analysis in which you examine several philosophical approaches to ethics and the role of social responsibility in international business.

Introduction

An organization’s approach to business ethics is a critical aspect of international business operations. Managers must understand that success may hinge on an astute analysis of ethical business practices and how a particular philosophical approach to ethics can affect an organization’s ethical standing abroad.

Complete the following:

1. Use the Capella library or Internet to research the following philosophical approaches to ethics—sometimes referred to as “straw men.” Some ethics scholars consider these approaches as exemplifying the inherent challenges in determining guidelines for ethical decision making in a multi-national organization.
   • The Friedman Doctrine.
   • Cultural Relativism.
   • The Righteous Moralist.
   • The Naive Immoralist.
2. Write an analysis of the role that social responsibility plays in doing business internationally. To guide your analysis, consider the organizational structures and hierarchies of any organization involved in international business. In your analysis, address the following questions:
   • What effect does an organization’s ethical standing, or reputation, have on its business abroad?
   • Will any of these philosophical approaches to ethics work in the organization you have in mind? Why or why not?
   • How does a particular philosophical approach to ethics reflect on an organization and its managers?
3. Support your analysis with references from the Capella University Library, GlobalEDGE website, or other Internet sources.

Additional Requirements

Use the following guidelines when writing your analysis:

• Length: 250–500 words.
• Writing: Your analysis should be free of grammar and spelling errors, demonstrating strong written communication skills.
• Format and References: Use proper APA-formatted references and in-text citations when identifying your sources.

Competencies Measured

By successfully completing this assessment, you will demonstrate your proficiency in the course competencies through the following assessment scoring guide criteria:

• Competency 1: Analyze cultural communications that affect international business.
  • Determine how a particular philosophical approach to ethics reflects on an organization doing business internationally.
• Competency 2: Evaluate patterns of global organizational structure and hierarchies.
  • Determine whether a particular philosophical approach to ethics is practicable in an organization doing business internationally.
• Competency 3: Analyze the role of international business culture in the negotiation process.