David Werner On Business
While business ethics
emerged as a field in the 1970s, international business ethics did
not emerge until the late 1990s, looking back on the international
developments of that decade.
Many new practical issues
arose out of the international context of business. Theoretical
issues such as cultural relativity of ethical values receive more
emphasis in this field. Other, older issues can be grouped here as
well. Issues and subfields include:
The search for universal values as a basis for international
commercial behavior.
Comparison of business
ethical traditions in different countries.
Comparison of business
ethical traditions from various religious perspectives.
Ethical issues arising
out of international business transactions; e.g.
bioprospecting and biopiracy in the pharmaceutical industry; the
fair trade movement; transfer pricing.
Issues such as
globalization and cultural imperialism.
Varying global standards
- e.g. the use of child labor.
The way in which
multinationals take advantage of international differences, such as
outsourcing production (e.g. clothes) and services (e.g. call
centres) to low-wage countries.
The permissibility of
international commerce with pariah states.
Ethics of economic systems
This vaguely defined area, perhaps not part of but only related to
business ethics,is where business ethicists venture into the fields
of political economy and political philosophy, focusing on the
rights and wrongs of various systems for the distribution of
economic benefits. The work of John Rawls and Robert Nozick are both
notable contributors.
from
http://wikipedia.org
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