Dr Fariba Darabi International Project Week Helsinki Metropolia University of Applied Science 15th May 2014 To high light what we have learned so far How Ethics needs to be considered and addressed in International Business particularly by a company managers The consequences of the consideration of Ethics in international business A sustainable framework for implementing ethics in an organisation Understand the concept of ‘Ethic, and International Business Understanding ethical issues faced by international businesses Identifying the causes of unethical behaviour by managers Discussing the value of ethical bahaviour Ethical considerations for managers Understand the concept of Corporate Social Responsibility Identifying and analysing the stakeholders Understanding ethics and CRS in MNEs, SMEs, and NGOs Discuss a sustainable CSR framework Identify the ethical issues being highlighted in your articles Consider the range of ethical and unethical behaviours in apparel, mobile, and food industries Case study: Corruption at Siemens Many large corporations in the world today are unethical in some ways or another. Whether it is abusing the land, environment or abusing human and animal rights, these companies will do anything to make profit. With so many unethical companies out there. Please identify 5 unethical international business practices. Compare and discuss in pair in the classroom. 1- in your opinion, how should MNEs act when legal requirements on labour or environmental issues vary between the different countries in which they operate? Should they remain politically neutral and adopt practices and laws of the host country, or should they stick to the rules that would apply to the same question back home? 2- Some argue that investing in emerging economies greatly increases the economic development and standard of living of the base of the global economic pyramid. Others contend that moving jobs to low-cost countries not only abandons CSR for domestic employees and communities in developed economies but also exploits the poor in these countries and destroys the environment. How would you participate in this debate if you were: a) CEO of an MNE headquartered in a developed economy moving production to a low-cost country, b) The leader of a labour union in the home country of the MNE that is losing lots of jobs or c) The leader of an environmental NGO in the low-cost country in which the MNE invests? 3- you find out that one of your suppliers, contrary to your standards of engagement, is employing persons aged 14 to 16 years of age. How would you react? 4- You are the PR officer of a major MNE in the chemicals industry. A national environmental committee in your home country alleges that your company is covering up an environmental disaster caused by your subsidiary in India, in which several people died. How would you react? Tips and Supports for the poster presentation