Module 2 - Case CULTURE, TIME, AND BUSINESS ETHICS (Case Study Sample)

Culture, Time, and Business Ethics Student’s Name Institutional Affiliation Instructor’s Name Date Culture, Time, and Business Ethics Corporations must ensure that the rights of employees are fulfilled regardless of their business location. Workers must be treated fairly, with dignity, and offered a conducive working environment and compensation (Betcherman, 2021). Therefore, business location is not a priority when advocating for employees' issues. International labor standards regulate the labor market, and companies must ensure that employees are not mistreated in any fashion. The action safeguards the brand name and image of the company because focusing too much on cost-saving at the expense of employees' welfare can result in negative business outcomes. A Western firm must ensure that its foreign contractors observe certain standards exercised in the parent company to uphold quality and efficiency. For instance, contractors should be obliged to ensure that employees work in safe and decent environment. However, some aspects must be balanced to avoid conflict and unrest. Automating business processes entirely in companies based in third-world countries will result in low job opportunities due to deindustrialization (Schlogl & Sumner, 2018). Contractors will have difficulty coexisting with the locals in that country, who may demand jobs by force or sabotage the company’s operations. Individual consumers have an ethical responsibility to ensure that the products they want to consume have been produced using proper mechanisms. For instance, Nike was discovered to be engaging contractors who used sweatshops with poor working conditions. Consumers protested the firm's actions and sabotaged its products (Mashan, 2021). The pressure forced Nike to apologize and adjust its operations by debarring suppliers that engaged in inhumane human resource practices (Byars & Stanberry, 2018). Therefore, consumers should not just consume a product to fulfill their needs but should critically track, assess, and question the procedures used to manufacture the product. Establishments should call for standardization concerning working conditions and employee welfare, but it should not be universal. Firms have different operating procedures and practices and are not mandated to comply with a standard that does not align with their beliefs. If companies embrace universal standards, most of them may escalate their products' prices universally to compensate for th...