M2D2 Assignment: International Business and Ethics (Essay Sample)
For this activity, you will research one current event (in print, video, or any other type of media) that covers a specific ethical and financial international business topic. Your selected event should have occurred within the past three years (not before 2011).
For this activity, you will:
Conduct a web search for a current event related to an ethical and financial topic affecting an international business.
Discuss what you uncovered about this event that made it relevant to the topic of ethical and financial business.
Would you consider this event to be a common situation in management? Why or why not?
How did the ethical and financial topic specifically affect international business? Explain.
Discuss how what you found is similar or different to what was covered in our module notes, readings, and videos.
Things to Remember!
Your paper should be two to three pages in length (not including title and reference pages).
Your paper should be double spaced, with one-inch margins, with in-text citations and references for all resources following proper APA formatting.
International Business and Ethics.
International business, as its name suggests, comprises of the financial and other economic dealings between two or more regions or countries. The automobile industry is a good example of international business dealings, since cats manufactured in one country are usually exported to be used in another or other countries. It is very essential that the business practices practiced by an organization are well at pace with the basic principles of ethics .Fairness ,equitability as well as accountability are basic elements that help an organization carve out its image ,which in turn builds its reputation and contribute to the overall goal of the organization. Ethically grounded businesses and organizations are arguably more visible through their team, from the stakeholders to the employees.
There is always a very stiff competition in the automobile industry, with every company trying to grab a portion of the market share. The article How could VW be so dumb? Blame the unethical culture endemic inÂ business by Queen Reeves captures the entire concept of international business and the ethical aspect of it. This article is very relevant to the issue at hand, since it addresses the Volkswagen Emissions Scandal and how this was an example of a bad precedent in business.
Volkswagen has been a leading manufacturer of most of th…