B7840 Strategy Formulation, Implementation And Evaluation Week 2

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Assignment 1: Discussion—Cultural and Ethical Challenges for Multinational Organizations

In order to succeed or to remain successful, companies need to have a  good synchrony with their external environment. As companies expand  their operations to different countries and in order to be accepted in a  different culture, they have to adapt by changing some of their ways of  doing business. Globalization may bring an intensification of ethical  differences and ethical conflicts. From a company’s perspective,  business as usual may be preferable, while local traditions and values  can be seen as parochial, backward or even reprehensible. Conversely,  from the standpoint of foreign cultures and communities to which the  company expanded operations, the ways of doing business and behaviors  favored by multinational corporations can be perceived as invasive,  insensitive, or even immoral. One good example of this would be the way  Muslim fundamentalists would see many Western corporations and the  products offered by them.

Using the University online library resources, locate a  minimum of four different scholarly sources on organizational and  national culture and ethical challenges faced by multinational companies  and summarize your findings. Based on that, recommend best practices  for a company that wants to expand its operations abroad. What  philosophies of ethics would you recommend as frameworks for action?  Justify your choice(s).

 

Write your initial response in 300–500 words. Your response should be  thorough and address all components of the discussion question in  detail, include citations of all sources, where needed, according to the  APA Style, and demonstrate accurate spelling, grammar, and punctuation
 

 

 

  • Make sure your writing

 

  • is clear, concise, and organized;
  • demonstrates ethical scholarship in accurate representation and attribution of sources; and
  • displays accurate spelling, grammar, and punctuation.

     Grading Criteria  Maximum Points     

Quality of initial posting, including fulfillment of assignment instructions

16     

Quality of responses to classmates

12     

Frequency of responses to classmates

4     

Reference to supporting readings and other materials

4     

Language and grammar

4    Total:  40