each person is permitted the maximum amount of basic liberty compatible with a

Each person is permitted the maximum amount of basic

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each person is permitted the maximum amount of basic liberty compatible with a similar liberty for others, and second, that once equal basic liberty is assured, inequality in basic social goods is to be allowed only if it benefits everyone.N) Rawls formulates what he calls the difference principle, which is that inequalities are justified if they benefit the position of the least advantaged person. The text provides examples of how Rawls’ theory can be used as the moral compass that managers can use to help them navigate through difficult ethical dilemmas.IMPLICATIONS FOR MANAGERS A) Five things an international business can do to make sure that ethical issues are considered in a business decision are (1) favor hiring and promoting people with a well grounded sense of personal ethics; (2) build an organizational culture that places a high value on ethical behavior; (3) make sure that leaders within the business not only articulate the rhetoric of ethical behavior, but also act in manner that is consistent with that rhetoric; (4) put decision making processes in place that require people to consider the ethical dimension of business decisions; (5) develop moral courage. Hiring and Promotion B) Not only should businesses strive to identify and hire people with a strong sense of personal ethics, but it is also in the interests of prospective employees to find out as much as they can about the ethical climate in an organization. Table 4.1 in the text provides a list of questions that job seekers might want to ask a prospective employer. 4-13
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Chapter 04 - Ethics in International Business Organization Culture and Leadership C) To foster ethical behavior, businesses need to build an organization culture that places a high value on ethical behavior. Three things are particularly important. First, the business must explicitly articulate values that place a strong emphasis on ethical behavior, perhaps using a code of ethics (a formal statement of the ethical priorities a business adheres to). Second, leaders in the business should give life and meaning to the code of ethics by repeatedly emphasizing its importance, and then acting on it. Third, the business should put in place a system of incentives and rewards that recognize people who engage in ethical behavior and sanction those who do not. Decision Making Processes D) Business people need a moral compass to help determine whether a decision is ethical. According to experts if a business person can answer “yes” to the following questions, the decision is ethically acceptable. First, does my decision fall within the accepted values of standards that typically apply in the organizational environment? Second, am I willing to see the decision communicated to all stakeholders affected by it? Third, would the people with whom I have significant personal relationships approve of the decision?
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  • Summer '13
  • DrAziz
  • Ethics

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