Reference no: EM132868351
a.?Explain the meaning of business ethics. What are the key ethical issues in globalization of business? ????????
b.?What are the roots or determinants of ethical behavior ????
c.?Give a real-life example of corporation which operates internationally and emphasizes ethics in running their operations in different countries. Indicate some of its ethical practices.?
Question 2
Company X is making a decision as to whether to produce a component part in-house, or out-source the manufacturing process to an independent supplier. Manufacturing the component part itself requires a non-recoverable investment in specialized assets. On the other hand, the most efficient suppliers are located in countries with currencies that many analysts expect to appreciate substantially on the foreign exchange market in the next few years.
a. What are the Pros & Cons of :
(i) manufacturing the component in-house, and,
(ii) out-sourcing manufacturing process to an independent supplier ?
b) Which option will you recommend, and why ?