MULTINATIONAL MANAGEMENT AND ETHICS CASE’

  1. What are the arguments for and against companies and managers from other nations following the US FCPA?

The coercion is only growing on companies that get clench up in corruption cases and establishing it doubtfully that endeavors to alleviate United States rules and laws will appear anytime soon. The Companies and managers have enhanced its enactments with admiration to records and books and internal hegemony but that does not sheathe the companies and managers from prospective delinquent and civil sanctions for infringement. Although FCPA pursuance has been on the upsurge in contemporary years, the bar for keeping the documentation per year was laid low. The FCPA imposition by both the Department of Justice and the Securities and Exchange Commission and its enforcement has been extravagant to business and every business directive labeling as a Jobs-killer. The SEC’s and DOJ’s hits are being dual-counted in various manifestations. Its recent prosecution has been occupied essentially on companies outside the United States and places an undue burden on the U.S Corporation is merely not dependable. The enforcement punishments are out of control, crippling, excessive and extreme on the companies and managers using FCPA. (Henning, 2013)

  1. Why should a company have a universal code of ethics? How does it help the multinational manager when he or she is assigned to a different country?

The universal key of ethics set forth the company’s values, goals, responsibilities and ethics. It also gives directions to the employees and managers on how to apportion with specific moral conditions. Every key of ethics is distinguishing, and should bounce back the company’s quintessence, values and the style of the business. The key components of universal code of ethics that a company should have such as values, moral, principles, management support, professional, personal responsibility, legal and compliance. The code of ethics help the managers are assigned to the different country such as forthright in all communications and actions, maintain personal integrity, keep promises and fulfill dedications. They should be loyal and honest within the framework of other ethical principles, strive to be fair and just in all dealings, treat everyone with respect, obey the law and pursue excellence all the time in all objects. (Magloff, 2012)

‘MULTINATIONAL MANAGEMENT AND ETHICS CASE’ NAME: SEAT # DATE: What are the arguments for and against companies and managers from other nations following the US FCPA? The coercion is only growing on companies that get clench up in corruption cases and establishing it doubtfully that endeavors to alleviate United States rules and laws will appear anytime soon. The Companies and managers have enhanced its enactments with admiration to records and books and internal hegemony but that does not sheathe the companies and managers from prospective delinquent and civil sanctions for infringement. Although FCPA pursuance has been on the upsurge in contemporary years, the bar for keeping the documentation per year was laid low. The FCPA imposition by both the Department of Justice and the Securities and Exchange Commission and its enforcement has been extravagant to business and every business directive labeling as a Jobs-killer. The SEC’s and DOJ’s hits are being dual-counted in various manifestations. Its recent prosecution has been occupied essentially on companies outside the United States and places an undue burden on the U.S Corporation is merely not dependable. The enforcement punishments are out of control, crippling, excessive and extreme on the companies and managers using FCPA. CITATION Pet13 \l 1033 (Henning, 2013)Why should a company have a universal code of ethics? How does it help the multinational manager when he or she is assigned to a different country? The universal key of ethics set forth the company’s values, goals, responsibilities and ethics. It also gives directions to the employees and managers on how to apportion with specific moral conditions. Every key of ethics is distinguishing, and should bounce back the company’s quintessence, values and the style of the business. The key components of universal code of ethics that a company should have such as values, moral, principles, management support, professional, personal responsibility, legal and compliance. The code of ethics help the managers are assigned to the different country such as forthright in all communications and actions, maintain personal integrity, keep promises and fulfill dedications. They should be loyal and honest within the framework of other ethical principles, strive to be fair and just in all dealings, treat everyone with respect, obey the law and pursue excellence all the time in all objects. CITATION Lis12 \l 1033 (Magloff, 2012)Read the situation faced by Mr. Lewis in the attached document. Answer the question asked at the bottom on the page: What should he do? Remember that ICS has a corporate culture that believes in the ethical language: Maximizing Human Welfare. Explain how your recommendation fits the company’s culture. If you were Mr. Lewis, what would you do using your own personal ethics? What ethical language/s best fit your own personal ethics? Maximize human welfare means to utmost the quality of life that is affected by social, political, environmental and economic factors. He establishes a diversity of startling inventions. The high price of the SUPALL made the demand strong in the market of Matinean. The ICS is building a fifty percent return on the goods. He begins to fascinate whether the price of the product is fair for their Matinean. The price of SUPALL increases because it is cheaper than the food price due to which it undertake the income of the whole family. Mr. Lewis is the manager of ICS Corporation and he has the dominance to place the price in the United State. He identifies with in respect to people and conditions that he has to deal in everyday of his life. He obeys the law and give reasonable instruction to impose that law unless there is better and enough cause to do otherwise. He shares the benefits to the employees around him and tries to maintain the good environment. Religion is the best language that fits in our own personal ethics. It influences a large part ethics and encouraged by humanitarian interests. CITATION Rob14 \l 1033 (Stern, 2014)Reference BIBLIOGRAPHY \l 1033 Henning, P. J. (2013). Dealing with the Foreign Corrupt Practices Act. The New York Times, 23-30. Magloff, L. (2012, March 4). Examples of a Code of Ethics for Business. Small Business, 20-33. Stern, R. (2014, June 16). Darwall on Second-Personal Ethics. European JOural of Philosophy, 22(2), 321-333.

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