Business Ethics Mod 4

NameInstitution1 . In dealing with this dilemma the theory of utilitarianism is best applicable that is the greatest happiness for the greatest numbers . The right to a decent life and a living wage is enshrined in the bill of rights . It is a natural law that is inalienable and for the virtu altogethery class informs governments of the need to provide welf atomic number 18 for those that do non have a source of income . Exporting of capital for exertion in other countries which have a comparative vantage robs the nation of jobs for its nationals (Bennett Wehner , 1994 , pp .32f . However with globalization , the competitiveness of world shift is such that unless an industry can produce competitively , then(prenominal) it will non succeed in the international market . Faced with falling sales the firm will be forced to close down . Thus for the sake of those that universe the local offices and those that are employed in other countries as expatriates , the policy is grudgingly acceptable . The benefits of this strategy are that the stakeholders in the company still get a return on investment . In the final analysis the good of the great majority is achieved2 . Taking advantage of technologically challenged nations that are inefficient to effectively test and recommend certain products is object lessonly victimize . The theory of the norm based on Kantian moral philosophy posits the morality of an action is judged by applying the same standards in relation to oneself . The fact that the product has been banned in the US means that it is not fit for humans anywhere else in the world (Buchanan , 1992 , 658-59 . By exporting such products the companies are hoping to infer costs and make profits on items that can aggrieve the citizens of other states . This is irresponsible business practices and should be prevented at all costs3 . Cultural relativism applied to this case will provide an acceptable solution to the issue at hand (Kirkpatrick , 1986 , pp . 22 .

true nations have higher standards of living than those of developing ones Some products that are consumed on a daily basis may not be appropriate for use in other countries because of the difficultness in following the operating instructions . While for the urban elite this may not be a problem , the countryfied folk would be at danger if they misunderstood the instructions For Nestle to have marketed infant formula in the trine world is ethical from a marketing point of muckle . The issue of their target markets and the suitability of the product to the children in that part of the world is what raises ethical issues . By segmenting the market and targeting different social groups a company is able to sell its products with greater consolation and success thereby legitimizing its market policies in line with bodily social responsibilities Works cited Allen Buchanan Justice , Distributive in cyclopaedia of Ethics edited by Lawrence C . Becker and Charlotte B . Becker (New York : florilegium Publishing , Inc , 1992 , Vol . I , pp . 655-661William J . Bennett and Peter...If you want to get a full essay, order it on our website: Orderessay

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