Business Ethics of India and China

Business moral philosophy of India and chinaGlobalization has non only brought countries closer together, but it has in addition created a unified good perspective for countries doing strain with one another. Management teams argon finally realizing that in that respect is a world of good challenges just waiting to be recovered through the increasing development of globalization. ethical motive atomic number 18 a worry for every country individually but just imagine the added challenges brought nigh by language and cultural differences on a global scale. In this paper I allow discuss devil articles which detail the honorable perspectives of India and chinaware, how these articles institute to the understanding of global morality, and how the bank line organization morality of India and china canvass to those of the coupled States.Santa Clara University published an article by Stephen Rothlin empower Business Ethics in the Chinese Context which discussed the p rogress in business ethics made by china in 2006 and 2007. In January of 2008 Rothlin, the general secretaire of the Center for International Business Ethics in capital of Red China, China, updated the Markkula Center for apply Ethics Business and Organizational Ethics Partnership with the progress he had witnessed since his previous visit in 2006. Rothlin discussed six categories including consumer rights, anti-corruption activity, environmental sustainability, community contribution, and criteria for ethical companies. In apiece of these six categories, Rothlin discussed the improvements he had witnessed and his recommendations for the areas that he felt requisite improvement (Business Ethics in the Chinese Context , 2008).Workers rights and labor standards ache improved in China through the development of the Labor engagement Law. This law now protects Chinas long-term employees from being fired without specific cause. It prays that companies contribute to employee socia l security department accounts and has enhanced employee safety by improving the code of working conditions. This new law also protects Chinas children with child-labor regulations. The largest challenge is in ensuring that China follows these new laws and regulations (Business Ethics in the Chinese Context , 2008).In 2007, China faced a major setback from a wave of reaping recalls. Rothlin spoke on how China should improve product safety, advertising, and the paradoxs of ethics. Rothlin also discussed Chinas anti-corruption activities and how the electric discharge of Mayor Chen Liangyu (which was part of the crackdown on corruption) sent a shockwave passim China. Rothlin stated, We have to rely on the commitment of enlighten officials to combat corruption, and they the top officials lose credibility by doing nothing. A major corruption problem in China is bribery through gift-giving. Rothlin sweard that refusing a gift would be against the cultural norm in China, but that officials needed to focus on how a code of conduct could set specific limits to giving gifts (Business Ethics in the Chinese Context , 2008).Rothlin discussed environmental sustainability and how the 2008 Olympics being held in Beijing had enticed officials to clean up the public transportation system, conserve energy, and clean up the water and air pollution problems. The Chinese people were encouraged to foster through a new tax system that was substantial. As a result, social responsibility had live on a growing interest, especially in the importance of education. The last point that Rothlin discussed was how his company would develop new ethics criteria that would be used to help identify the most ethical companies in China (Business Ethics in the Chinese Context , 2008). Rothlin developed the 18 chemical formulas of International Business Ethics (Schulman, 2006). These rules are hold 1 If you sieve to understand the values of different cultures, you will find common poi nts.Rule 2 If you analyze the facts, you will realize that honesty and reliability make headway you.Rule 3 If you analyze case studies from different perspectives, you will discover the benefits of fair play.Rule 4 Respecting your colleagues is the smartest investment you can make.Rule 5 To increase productivity, provide safe and healthy working conditions.Rule 6 To inspire trust, make your performance transparent.Rule 7 Your loyal balk can lead your institution in the right direction.Rule 8 Downsizing your labor force is only beneficial when you respect each stakeholder.Rule 9 To establish your brand name, act as a fair competitor.Rule 10 Reduce the gap between the affluent and poor by developing a new social security system.Rule 11 If you act against discrimination, you will increase your productivity and profitability.Rule 12 If you protect intellectual property, all stakeholders will receive their due(p) share.Rule 13 Ongoing changes in information technology req uire new forms of loyalty.Rule 14 Your public relations strategy will only secure your reputation if it witnesses your drive for quality and excellence.Rule 15 Your economic achievements will only stand on firm run aground if you diminish corruption.Rule 16 Long-term success urgently calls you to forever and a day care for the environment.Rule 17 To become a refined player, compound your discernment and cultivate good manners.Rule 18 Care for your business by caring for society.The second article I reviewed was also launch on the Santa Clara University website. It was written by Margaret Steen, a freelance author. Her article entitled Business Ethics in a Global World Indias ever-changing Ethics reviews an address to the Markkula Center for Applied Ethics by Jagdish Sheth. Sheth, the executive director director of the India, China, and America Institute and a professor of marketing at Emory University, discussed Business Ethics in a Global World (Steen, 2007).Sheth discuss ed ship canal in which Indian business practices are unique. He stated that he believed Indias unique business practices would encourage the ethical behavior of the popular Hesperian viewpoint. Some of Indias unique business practices include corporate social responsibility, favors, clanship, and friendly relationship (Steen, 2007).Sheth believed that the collapse of communism was a major compute in the change from 20th coke business ethics to the current 21st century business model. He argued that some formerly communist countries have become well-run capitalist countries. Some other factors in shifting business ethics into the 21st century are that affluent nations are aging and the conventional industries do not generate as many jobs today as they did in the past. People in positions of power have discovered that economic science play a vital role in the results of elections. The major factor that has helped shift business ethics into the 21st century though is the growin g of information technology, which has leveled the playing theatre for all economies (Steen, 2007).In the article, Sheth believed that both China and India are on the verge of becoming innovative economies and are not just alternative locations for our low-end jobs. He believed that when this happened, the shift would ultimately redefine business practices. Indias business practices are unique and may be compatible with western business practices one day, but India believes that favors, clanship, and friendship are important in business, while western business ethics believe this to be a conflict of interest.After reviewing these two articles, I can see that the business ethics of India and China are much different than those of the United States. China understands now that economics are a crucial part of elections, and Sheth explained that the close George Bush Sr. lost his re-election bid was due to the faltering economy. Sheth also explained his belief that the 21st century wil l be considered the Asiatic century. Sheth believed that the Asian culture puts a premium on friendship, clanship, and favors but in American business ethics, this would be considered a huge conflict of interest (Steen, 2007). Sheth stated that western business has its own version Procurement departments in U.S. companies are more likely to buy from the companys customers (Steen, 2007).Sheth believed that nations are shifting their focus to stakeholders kinda than focusing on shareholders. In the future, Sheth stated that ethics will be anchored to the idea of business as a profession, similar to the way the field of medicine is now. There will be global standards of governance, but their natural covering will be adapted to local conditions (Steen, 2007).So when it comes to Globalization, India and China are expected to be the leaders in the 20th century. Some believe that the 19th century, or the American century has finally come to an end. by means of globalization, China an d India have discovered that the area of business ethics is an ever-changing environment and as a result, management teams within these countries have developed an ethical program that enables them to work together ethically. Even though at that place are barriers such as different languages, diverse cultures, and a growing number of people involved China and India have been able to mortify them in order to work together.In this paper I reviewed two articles from Santa Clara University that discussed the business ethics of India and China and how their business ethics compare to that of the United States of America.