IBE-MB19

IBE-MB19

MBA 19-21: Term-VI

INTERNATIONAL BUSINESS ETHICS

Credits	Three
Faculty Name	Prof.B.P.Patra
Program	MBA-II
Academic Year and Term	2020

1. Course Description:

Global business with transnational operations and cross-cultural interaction has to operate in complex cultural environment; high risk of political interference and unstable socioeconomic system.The local laws, rights and duties varies from nation to nation. The growth and survival of international business depends on proper culture sensitive handling of : (i) commercial stakeholders (e.g. Suppliers, Competitors, Distributers, Retailers),(ii) host culture, standard and values (e.g. Local employees, Pressure groups, Host country Government, Host country community, Host country environment) (iii) Home culture(Domestic) standards and values (e.g. Domestic country employees, Shareholders, Domestic country customers Domestic Government).So International Business as a field of study has ethical implication of more complex kind than what a business enterprise confined to a specific country has. In order to conduct business in an international context special care has to be taken about the value systems of both the

home

and

host

country. One has to be extra careful about prevailing moral standard of different geographical regions.

2. Student Learning Outcomes

1) Be able to critically examine the cultural environment of international business
2) Be able to different dimensions of culture and culture specific value system
3) Be able to properly handle the ethical issues and formulate moral standards, which are rationally acceptable across the cultures and handle Ethical Challenges in a Multicultural Environment
4) Be able to Impact of Globalization on the Ethical and Legal Environment of business

3. Sessions:

Session: 1

Introduction: Why study international business ethics?

Session: 2

Key Entry Strategies of International Business: First Order and Second Order Entry.

Impact of Globalization on Management Thought: From Ethnocentric to Geocentric.

Session: 3

The Ethical and Legal Environment: MNCs Responsibility to Human Rights.

Session: 4
The New World Order: It is not just free movement of goods, services and capital across borders rather a positive contribution to host country's economic development.
Sessions: 5&6
Concept and Dimensions of Culture: Definition of culture, Identification of major dimensions of culture(Both Hofstede and Trompenaars' research findings will be discussed in the class). Cultural dimensions and its impact on international business environment.
Sessions:7
Business and Global Governance:World Intellectual Property Organization,Subjectivity in Transnational Governance, Global Climate Governance,Governing coruption through Global cooperation.
Sessions:8&9
How to manage the Cultural values when ethics travels?
The Integrated Social Contract Theory(ISCT) of Donaldson&Dunfee.
Application of ISCT model for ethical consistency.
Sessions:10
The Problem of Bribery and Gift.Cultural Capital:How to convert cultural capital into economic capital.
Sessions:11-15
Case Analysis
CASES:
1.The Road to Hell
2.Cultural Difference Doom a seemingly perfect Alliance Between Corning and Vitro
3.Is Information Technology Japan’s Achilles’ Heel?
4.Global Integration Vs: Local Differentiation Lessons to be learned from Successful MNCs.
5.Colgate’s Distasteful Toothpaste
6.Levi’s Takes Its Ethical Aspirations
7.Questionable Strategy at the Pebble Beach Golf Links: An International Investor Goes off Course
8.Gillette's Prescription for International Business Success: In-House Training and Expert Experience.Source: The above eight cases are taken from Hodgetts, R.M and Luthans, F, International Management, McGraw Hill 1997.
9. Globalizing a Local Strategy: The Illy Caffe Company.(Global Management,pp669-673)
10.Global Localization: Congo’s Inc. in Japan.(Global Management,pp673-678)
11.Bhopal the cultural variable -( Thomas Donaldson, Ethics of International Business,pp 110-115)
12.Motorola :Ethical Challenges in a Multicultural Environment ,by E.Brain Peach& Kenneth L.Murrell.(From;Strategic Management :Concept and Cases,Thompson andStrickland,12th ed. Tata McGraw -Hill,2001)

Session 16-20

Presentation of Articles Reviews:

1. Private morality and Capitalism: Learning from the Past, By Deepak Lal.

2. An Ethical Framework for the Global Market Economy, By Hans Kung.

3. Institutions & Morality: An Economist’s Appraisal, By Alan Halmlin.

4.Transformation of society: Implications for Globalization, By Jack N. N. Hebrman.

5. On The Political Relevance of Global Civil Society, By Richard Falk.

6. The Business Community: Social Responsibility & Corporate Values, By Robert Davies.

7.Global Social Justice: The Moral Responsibilities of the Rich to Poor, By Shirley Williams.

(Source: Making Globalization Good: Moral Challenges of Global Capitalism; edited by John H. Dunning, Oxford University Press, New York, 2003.)

8. Distributive Justice as an International Public Good: A Historical Perspective, By Ethan B Kaptsein.

10. Global Justice: Beyond International Equity: By Amartya Sen.

11. New Strategies for the Provision of Global Public Goods: Learning from International Environmental Challenges, By Geoffrey Heal.

12.Knowledge as a Global Public Good, By Joseph Stiglitz.

(Source: Global Public Goods: International Cooperation in 21st Century, Edited by Inge Kaul, Isabell Grunberg and Marc A. Stern, Oxford University Press,New York,1999.)

Evaluation:

Quizzes: 20%
Case Analysis: 20%
Assignment: 20%
End Term: 40%
Created By: Alora Kar on 11/19/2020 at 11:34 AM
Category: BM 19-21 T-VI Doctype: Document

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