Ethics accepted principles
of right or wrong that govern
the conduct of a person, the
members of a profession, or
the actions of an
organization.
Most common Ethical Issues
in Business: Employment
Practices, Human Rights,
Environmental Regulations
Corruption, and The moral
obligation of multinational
companies.
Sources of Moral Obligation:
Law-Based Moral Obligation
Promise-Based Moral
Obligation
Moral Principles as the Basis
of Moral
Personal Ethics a category
of philosophy that determines
what an individual believes
about morality, right and
wrong. Generally accepted
principles of right and wrong
governing the conduct of
individuals.
Organizational Culture The
values and behaviors that
contribute to the unique
social psychological
environment of an
organization. It includes:
organizations expectation,
experiences, philosophy, and
values.
Netherland
Economic: The economy of
the Netherlands benefits
from a traditional emphasis
on the rule of law and a
robust legal framework.
Political: Constitutional
Monarchy & Parliament
Legal System: Civil law
system based on the French
system
Social Structure: Domestic
Unit & Dutch couples have a
Neolocal Post Marital
residence pattern.
Religious & Ethical: either
shake hands when they meet
and depart or kiss each other
three times on the cheek.
They are very punctual,
showing up even five
minutes late is considered
inappropriate. 30% are
catholic, 14% are Reformed
Protestant
7% are Dutch Reformed and
4% are Muslim
Language: Official language
is Standard Dutch, 2nd
Language is Friesian.
Education: School is
compulsory for children from
the age of 5 until 16, or until
they have a diploma.
Business Ethics are the
accepted principles of right
or wrong governing the
conduct of business people.
Corruption- the act of
corrupting someone or
something in a dishonest or
illegal behavior especially
by powerful people. The
abuse of public power for
private benefit.
Ethical Dilemmas
situations in which none of
the available alternatives
seems ethically accepted.
Decision Making Process
the process of making
choices by identifying a
decision, gathering
information, and assessing
alternative resolutions.
Unrealistic Performance
Expectations Pressure
from the parent company to
meet performance goals that
are unrealistic and can only
be attained by cutting
corners or acting in a
unethical manner can cause
ethical behavior
Ireland
Economic: The economy of
Ireland is a modern
knowledge economy,
focusing on services and
high-tech industries and
dependent on trade, industry
and investment.
Political: Parliament
Democracy: National
Parliament consist of the
President and two Houses:
Dail Eireann & Seanad
Eireann.
Legal: Found in the
Constitution statue and
common law
Social Structure: social
classes in Ireland are usually
based on income and power.
Religious & Ethical:
Predominant religion in the
Republic of Ireland is
Christianity, with the largest
church being the Roman
Catholic Church
Language: Official Language
Irish Gaelic, commonly used
is English.
Education: Compulsory for
children in Ireland from the
ages of six to 16 or until
students have completed
three years of second level
education
Ethical Strategy is a
strategy, or course of action,
that does not violate these
accepted principles.
Growth of Corruption may
cause inefficiency, lost
resources, weakened
development and increases
crime. Industries involved
corruption are: oil and gas;
mining, defence, telecom.
Effects of Corruption: Loss of
tax revenue, loss of integrity,
undermines economic and
democratic developments,
exploitation and productivity
drain
7 Steps for effective decision
making:
Identify the decision.
Gather relevant information
Identify the alternatives
Weigh the evidence
Choose among alternatives
Take action
Review your decision and its
consequence
Belgium
Economic: Belgium has a
well-developed free market
economy, based on both
industrial and service sectors.
Political: Takes place in a
framework of a federal,
parliamentary, representative
democracy and constitutional
monarchy.
Legal: Belgian law is
modeled on the French Legal
system.
Social Structure: Federal
state, comprised of the
communities and the regions.
Decision making is not
centralized but divided
between the federal state,
communities and region.
Religious & Ethical: Main
religion is Christianity
(Roman Catholicism). Hard
work and an appreciation for
culture and Strong family
values are important and
vital to the Belgians.
Language: Official Language
are French, Dutch and
German. English is widely
spoken throughout as a
foreign language
Education: free and
compulsory for children
between the ages of 6 and 18