Corporate Cultures

Corporate Cultures - Moral relativism.When in Rome...

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Corporate Cultures Reduce Costs Allocate Resources Marketing Advantage Creativity Problem solving Organizational Flexibility etc 1/19/12 MGT 4174 1
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Application: The Negotiation Process 5 Stages 1. Preparation 2. Relationship Building 3. Exchange of task-related information 4. Persuasion 5. Concessions and agreement Each culture places different 1/19/12 MGT 4174 2
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Cultural Variables And Decision Making Objectivity vs. Subjectivity Risk Tolerance Locus of control 1/19/12 MGT 4174 3
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Ethics and Social Responsibility Problem Areas 1. Corruption 2. Human Rights 3. Environment 4. Free trade 1/19/12 MGT 4174 4
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Ethics and Social Responsibility Freidman vs. Carroll Freidman: Corporations responsibility is to make a profit Archie Carroll: 4 levels of responsibility 1. Economic 2. Legal 1/19/12 MGT 4174 5
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Ethics and Social Responsibility International Ethics Complicated by Culture Moral Universalism…only one way Ethnocentrism….do it our way
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Unformatted text preview: Moral relativism.When in Rome Personalconscience and religion Utilitarian approach.sum of consequences Individual Rights.as defined by Justicewhat is fair 1/19/12 MGT 4174 6 Ethics and Social Responsibility Making the right decision Laws of host country Laws of home country International Codes of Conduct Company code of ethics Superiors Your own conscience 1/19/12 MGT 4174 7 Ethics and Social Responsibility Institutions to help create world stability The United Nations. . For world peace World Bank. . Intermediary between state sponsored projects and private investors International Monetary Fund Tries to improve fiscal and monetary discipline World Trade Organization (WTO).Rules for international trade. 1/19/12 MGT 4174 8...
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Corporate Cultures - Moral relativism.When in Rome...

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