StudentShare solutions
Triangle menu

Ethical Dilemma Global Business and Emerging Economies - Case Study Example

Nobody downloaded yet

Extract of sample
Ethical Dilemma Global Business and Emerging Economies

The biggest five emerging economies are referred too as the BRICS. The five members of the BRICS are Brazil, Russia, India, China, and South Africa. There is a dark side to the globalization movement. It seems as if ever since this movement began the rich have been getting richer, but the poor are still struggling to survive. The continent that has suffered the most since the start of the movement is Africa particularly the Sub-Saharan region. Most people in Africa are living on income of less than $1 day and they do not have enough money to eat properly everyday. While people in Africa are dying of starvation, the opposite occurs in Western countries such as the United States where there is so much abundance of food that 33.8% of the population suffers from obesity (Cdc, 2011). Developed economies sometimes are at disadvantage in certain aspects such as cost of living. In the United States health costs are skyrocketing, but in many emerging economies healthcare is a universal right and the government pays for all medical costs. In many of these countries there are no applications of patents which helps keep the price of prescription drugs low. Overall the standards of living in developing economies are much higher than in emerging economies. The United Nations should do more in order to transfer the wealth better among the world’s nations. ...
ndustries such as the pharmaceutical industry can impose new ethical regulation to raise the bar and make industry concessions to accelerate the process towards redemption to certain patients. For instance the HIV/AIDS epidemic requires the industry to impose a cero profit policy. All drugs and research and development for this disease will be treated as if the corporations were non-profit organizations. All countries across the world will amend their tax codes to provide credits for R&D for HIV/AIDS as well as tax deductions and credits based on distribution quotas for HIV/AIDS medicines. There are other alternative solutions to help alleviate the imbalance distribution of wealth worldwide. A way for the developed nations to directly help emerging economies achieve growth is by a direct transfer of funds. The 54 developed economies of the world will impose a 5% redistribution tax based on the gross domestic product of each country. The money collected from the tax will be distributed to the emerging countries that fall in the lower 25% percentile of gross domestic product per capital among the emerging economies. The 39 poorest countries in the world will receive the economic incentive from the collection of the tax. Aggressively investing in emerging economies can help improve the standard of living of a lot of people. This strategy seems like a socially responsible tactic, but businesses cannot forget that their goal is to make money. A business person should choose the option that makes more economic sense when implementing international expansion strategies. Investing in a foreign developed economy has a lower risk than investing in an emerging economy. A way to facilitate foreign investment in emerging economies, while at the same minimizing the risk of ...Show more

Summary

The world has become a global platform were countries depend on the contribution and participation of all 210 nations across the globe. The case study discussed in the textbook, Global, revealed the world is divided into developed and emerging economies. There are 54 developed economies which control roughly ?…
Author : kking
Ethical Dilemma Global Business and Emerging Economies essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the case study on your topic
"Ethical Dilemma Global Business and Emerging Economies"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Ethical dilemma
Logics and ethics are often influence the decision making process of promotions. However, which should be given more preference; logics or ethics, is a big question the top management should address while taking such decisions. Some of the candidates who are seeking promotions may have more experience while the others may have more abilities.
6 pages (1500 words) Case Study
The Case of Sherry Ethical dilemma
The case of Sherry presents one such ethical dilemma. Identifying the Ethical Dilemma The ethical dilemma here is very clearly that of using marijuana and selling drugs to make ends meet. It is understandable that Sherry finds herself in a very difficult situation.
3 pages (750 words) Case Study
Ethical Dilemma
Ethical Dilemma In one of her visits, she manages to see a patient, “Linet Wanyama,” a 28 year-old multigravida woman, who came with a pregnancy 5 weeks old after her last normal menstrual period. Linet Wanyama came to start attending her prenatal care for the first time in that place after moving from another town.
3 pages (750 words) Case Study
Ethical Dilemma: John in the car
She felt the behavior of the nurse in reaction to the patient's need was the nursing process. She believed that nursing was caring. Carol Gilligan believed that nursing has a different voice in ethics and that that voice is seldom heard. That voice is about caring and benevolence.
10 pages (2500 words) Case Study
ATC-47 Ethical Dilemma - Terry Bailey Case
Yes, Terry’s scheme does affect balance sheet of Fairwell Furniture. Under the Current Assets head, the Bank Account Balance would have reduced and on the Liabilities side of the Balance Sheet, the Profit and Loss Account balance would have reduced. Both would have reduced by the amount accounted as paid to Larry Tyler.By capitalizing a revenue item of expenditure, Wilson Blowhard is misrepresenting the facts.
2 pages (500 words) Case Study
Emerging Business Opportunities at IBM
This has not been the case and certainly was not the case in the early '90s when the company was losing more and more profits to its competitors in sales of products. It was on this realization that the top people at the company sought to reverse their 'ill luck' in the business.
8 pages (2000 words) Case Study
IKEA Business Ethics Dilemma
Choices of this kind must be forced upward in the corporation; for--as one assumes increased obligations toward employees and stockholders-profit itself represents an ethical standard. IKEA adopts social corporate responsibility policies in order to meet ethical and moral questions and respond effectively to changing demands and laws.
9 pages (2250 words) Case Study
Ethical dilemma
mind, after assessing the Elizabeth Smith dilemma, Elizabeth is drawing on these socially driven prejudgments regarding whether or not to maintain worker/client confidentiality as mandated by the CASW Code of Ethics. From a personal perspective, social location does, but
5 pages (1250 words) Case Study
Ethical Dilemma
This is an ethical dilemma when people look at one thing and fail to agree if it is right or wrong. The paper discusses different scenarios to illustrate the ethical dilemma facing
1 pages (250 words) Case Study
Case Study: An Ethical Dilemma
Within that restricted framework, standards of criminal justice may concentrate on dilemmas created by the organizations themselves as in the area of the discretion of the police, the judiciary
4 pages (1000 words) Case Study
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment
Contact Us