01 Consequential Ethical Analysis Assignment Sample
Here’s the best sample of 01 Consequential Ethical Analysis Assignment Sample, written by the expert.
Topic: Multinational corporations operating in developing countries
For analyzing the consequences of ethical issues, Multinational Corporations in developing countries is selected and found relevant for the study. The ethical problem or question is that do multinational corporation facing sustainability ethical issues in developing countries.
Importance and need to analysis the ethical problem/question
The specific ethical problem is sustainability which is found to be very important to be considered by every organization in order to sustain in the competitive environment. The sustainability ethical issues create a huge influence over the business performance because of which it becomes important for multinational corporations to analysis this ethical problem efficiently (De Brucker et al., 2013). The research study on stated specific ethical problem is also important because this help in understanding the competitiveness in the market as well as also help in impact of ethical problem on the business efficiency.
In addition, the research study on sustainability ethical problem helps the multinational corporations to operate their business in developing countries efficiently as it help in overcoming the weaknesses and challenges. The sustainability ethical problem is required to be analyzed in-depth as this ethical problem also assists the multinational firms in making their ethical decisions efficiently (Benn and Dunphy, 2013). For Multinational Corporations, it is very challenging task to operate their business different business environment because in developing countries there are opportunities but risks and threats too. At the same time, there is a need to analysis this specific ethical problem because this help in identifying the other ethical problem which is associated with sustainability ethical issues. The proper analysis of ethical issue help in determining that for multinational firms, ethical issue plays an integral part in its strategic management process. Based on the research analysis, multinational firm can able to develop new strategies and take corrective actions which help in mitigating the risks and challenges as well as also help in developing sustainable business environment.
Six key facts relevant to ethical problem/question
On the other hand, there are six key facts relevant to analysis of ethical issues on sustainability of multinational firms in developing counties.
- Violates the morality of the people because sustainability ethical problem can’t be achieved by
- Objectivity is other fact that found to be relevant for analyzing the ethical problem efficiently.
- An unfair business practice affects the business operational activities and that leads to ethical problem related to sustainability.
- Unrespectable ethical behavior of the employees affects the performance and relationship of company with its customers (Benn et al., 2014).
- Happiness of people less getting affected due to sustainability ethical problem then it found to be unethical practices.
- Set of moral values adopted accurately and efficiently then it creates high implication positively over the sustainability ethical problem and also creates ethical sustainable environment.
Two assumptions relevant to ethical problem
The two assumptions would help in filing up the gap in publicly gathered information found to be relevant for identified ethical problem such as:
- Set of rules protocol help in filling up the gap of important knowledge by intervening the technological development as this help in reducing the undesirable effects.
- Examining the new technology design for identifying the ethical and social issues faced by the multinational corporations while operating a business in emerging countries like India, China.
Three positive and three negative consequences of ethical issues
The ethical act is act Utilitarianism is related to sustainability problem of multinational corporations in developing countries. This act help in developing an ultimate goal of ethics from bring a positive change for something good for the greatest number of people. For meeting the sustainability ethical issue, act utilitarianism ethic is used by the organization for overcoming the ethical issue in more efficient manner (Crane and Matten, 2016). This utilitarian theory acts as an ethic which clearly states the person act found to be morally right and it produces the best possible results for specific situation. This ethic act is related to normative ethical system which is concerned with the ethical decision making in certain rare situation.
3 positive consequences are as follows:
- Act utilitarianism ethical theory maximizes the utility in respective to other actions which are made available for performing.
- Act utilitarianism is more effective than traditional moralities as it consists of set or rules and regulations as well as moral codes which create huge impact on the actions that are made (Horty, 2011).
- Act utilitarianism usually makes moral judgment objectively true as this act is highly dependent on the foreseeable consequences and also it will produce the alternative possible actions.
3 negative consequences are as follows:
- Act utilitarianism negative consequence is related to undermining trust objection as it criticize the traditional moral rules for being too rigid and it affects the trust between the two people.
- This act utilitarianism creates objection on the partiality and too demanding action of the people and also it criticize the utilitarianism commitment (Groves and LaRocca, 2011).
- This act utilitarianism differs from other ethical theories such as virtual ethical theory, rule utilitarianism theory.
Ethical Conclusion
The above study can be concluded by comparing the expected positive consequences with the negative consequences. The use of act utilitarianism ethical theory will help the multinational companies to operate their business efficiently in developing countries by eliminating the issues of sustainability ethical problem. The expected positive consequence is that multinational corporation should focus on making a moral judgment objectively true in order to meet the unforeseen consequences efficiently (Hunt, 2011). But at the same time, negative consequence of act utilitarianism also creates huge influence over the performance and productivity of multinational corporations in developing countries. Thus, this comparative analysis also helped in identifying that net utility will rise in future as the act utilitarianism ethical theory is widely used by an organization for achieving maximum utility.
References
Benn, S. and Dunphy, D., 2013. Corporate governance and sustainability: Challenges for theory and practice. UK: Routledge.
Crane, A. and Matten, D., 2016. Business ethics: Managing corporate citizenship and sustainability in the age of globalization. USA: Oxford University Press.
De Brucker, K., Macharis, C. and Verbeke, A., 2013. Multi-criteria analysis and the resolution of sustainable development dilemmas: A stakeholder management approach. European journal of operational research, 224(1), pp.122-131.
Groves, K.S. and LaRocca, M.A., 2011. An empirical study of leader ethical values, transformational and transactional leadership, and follower attitudes toward corporate social responsibility. Journal of Business Ethics, 103(4), pp.511-528.
Horty, J.F., 2011. Perspectival act utilitarianism. In Dynamic Formal Epistemology (pp. 197-221). USA: Springer Netherlands.
Hunt, S.D., 2011. Sustainable marketing, equity, and economic growth: a resource-advantage, economic freedom approach. Journal of the Academy of Marketing Science, 39(1), pp.7-20.
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