Growing multinationals, whether they are based in the United States, India or elsewhere, all face a common problem:
Global organizations are required to adapt to various cultures in today's global marketplace. As such, organizational leaders should have a solid understanding of such differences and ethical issues when making decisions. Using a large multinational business organization in the Middle East, discuss an ethical dilemma that has confronted, or could confront, the organization when functioning on a global level.
Assess the impact that the organization's values have on ethical decision-making. If you were a leader in that organization, how would you react to the various challenges that your organization could face? In this written assignment, be sure that you discuss ethical issues from both a local and global perspective.
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Among many issues, the ethical issues related to the cultural diversity are very significant. The following discussion highlights the ethical issues, which should be taken into consideration in the process of strategy planning.
Due to the benefits offered by the globalization and liberalization of the trade, the companies have expanded their business in many host countries.
However, different host countries have their independent governments and have their legal and social frameworks guiding the operations of the business. There is a vast difference between the culture of the home country and the host countries.
The possibilities of conflicts on the ethical issues increase if the culture of the home country is widely different from the culture of host countries. Many times, multinational corporations have to face the dilemma because sometimes what is right and ethical in the home country is considered totally wrong in the host country.
So, it is important for MNCs to follow accurately the rules and regulations of the country where its business operation is being carried out. The multinational companies having operations in different countries across the world have to deal with this issue fairly.
It is unethical to pay different remunerations based on different localities for the same quantity and quality of work. In many countries, it has been found that male and Solution Summary The expert examines multinational business organizations.As part of the Global Leadership Forecast |study, this report highlights findings on the current state of leadership and leadership practices in multinational companies (MNCs).
The findings are based on responses from 2, leaders and human resource executives in multinational organizations. In doing so, on the basis of transformational leadership theory, it uses the transformational leadership of line managers as a predictor of global leadership competencies of high potentials.
Furthermore, it is proposed that the above relationship is mediated by Psychological Empowerment (PE) based on PE theory and both propositions are supported by the data.
To discover role of global leadership skills within FedEx related to its performed leadership To examine, identify and analyze senior management leadership skills To examine and identify the change in leadership skills its performances of the company.
Aug 01, · Many multinational companies have hidden, unrecognised multicultural gems within their ranks.
To find these and get the most from their unique skills . This literature review describes and locates the subject of role of global leadership skills in the multinational organisation through a variety of perspectives on organizational development and leadership theory.
Global organizations are required to adapt to various cultures in today's global marketplace. As such, organizational leaders should have a solid understanding of such differences and ethical issues when making decisions.