Environmental Forces (PEST) 1. Political-Legal -demographic, international employees, owners, board of directors customers, competitors, suppliers, distributors, allies, unions, lenders, governments, interest groups, media present you with daily tasks to handle MACROENVIRONMENT environmental forces (PEST) standards of right and wrong that influence behavior. the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior Four approaches to deciding ethical dilemmas utilitarian, individual, moral-rights, justice guided by what will result in the greatest good for the greatest number of people guided by what will result in the individual's best long-term interests, which ultimately are in everyone's self-interest guided by respect for the fundamental rights of human beings is guided by respects for impartial standards of fairness and equity Strategies for International Growth 1. Global Outsourcing using suppliers outside the company (and outside of the US) to provide labor, goods and services a company buys goods outside the country and resells them domestically a company produces goods domestically and sells them outside of the country bartering goods for goods a company allows a foreign company to pay it a fee and a share of the profit in return for using the first company's product or service a form of licensing in which a company allows a foreign company to pay it a fee and a share of the profit in return for using the first company's brand name and a package of materials and services Joint ventures, also known as 'strategic alliance' with a foreign country to share the risks and rewards of starting a new enterprise together in a foreign country a foreign subsidiary that is totally owned and controlled by an organization the movement of goods and services among nations without political or economic obstruction use of government regulations to limit the import of goods and services a trade barrier in the form of a customs duty, or tax, levied mainly of imports a trade barrier in the form of a limit on the numbers of a product that can be imported complete ban on the import or export of certain products trading blocs a.k.a. economic community a group of nations within a geographical region that have agreed to remove trade barriers with one another NAFTA (North American Free Trade Agreement) a trading bloc consisting of the US, Canada, and Mexico -eliminates 99% of the tariffs and quotas among these countries, allowing for freer flow of goods, services, and capital in North America WTO (World Trade Organization) Agreements based on the GATT (General Agreement on Tariffs and Trade) which was signed in 1947 by 23 nations to reduce worldwide tariffs and other barriers. Designed to monitor and enforce trade agreements Shared meanings are primarily derived from written and spoken workds people rely heavily on situational cues for meaning when communicating with others is a massive and ongoing cross-cultural investigation of nine cultural dimensions involved in leadership and organizational purposes how much unequal distribution of power should there be in organizations and society how much should people rely on social norms and rules to avoid uncertainty institutional collectivism how much should leaders encourage and reward loyalty to the social unit how much pride and loyalty should people have for their family or organization how much should society maximize gender role differences how confrontational and dominant should individuals be in social groups how much should people delay gratification by planning and saving for the future how much should individuals be rewarded for improvement and excellence how much should society encourage and reward people for being kind, fair, friendly, and generous Anecdotally, it seems a no-brainer that companies that provide perks such as free food, discounts, and generous vacation as well as maternity leave would attract top-notch talent. But more than perks, leadership expert Carmine Gallo claims in a Forbes article, employees love work that seems meaningful to them. The happiest workers are engaged because they believe they have purpose. Reflect on what work means to you and which companies you would like to work for. Do you agree with Gallo? Why or why not? What lends his claims credibility? What is a formal written set of ethical standards guiding an organization's actions?A code of ethics consists of a formal written set of ethical standards guiding an organization's actions.
Which statement regarding ethical climates is true?What statement regarding ethical climates is TRUE? Ethical climates are unaffected by an organization's policies, procedures, and practices.
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What are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a persons behavior?
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