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13 Cards in this Set
- Front
- Back
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explain the analogy of globalization and emergency room
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modern global supply chains mirror complex biological systems .. they can be remarkably resilient and self healing yet at times quite vulnerable to some specific seemingly small weakness
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def: global village
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boundaryless world where goods and services are produced and marketed worldwide
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one component of external environment
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global arena
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global sourcing
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purchasing materials or labor from around the world where ever it is cheapest
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multinational corp. (MNC)
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any type of international company that maintains operations in multiple countries
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multi domestic corp.
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an MNC that decentralizes management and other decisions to the local country where its doing business
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transnational (borderless) organization
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structural arrangement for global organizations that eliminates artificial geographical barriers
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global corp
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an MNC that centralizes management and other decisions in the home country
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what are popular tools for attempting to reduce employee ambiguity
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code of ethics
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what is the goal of utilitarianism
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to provide the greatest good for the greatest number
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rights view of ethics
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ethical decisions are made In order to respect and protect individual liberties and privileges
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utilitarian view of ethics
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ethical decisions are made solely on basis of outcomes or consequences
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goal: rights view of ethics
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avoid interfering with the rights of others who might be affected by the decision
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