Ethical Issues in Global Business Strategy

GLOBAL BUSINESS STRATEGYGLOBAL BUSINESS STRATEGY
(ACTIVITY 2)(ACTIVITY 2)

3.13.1 Ethical issues faced by operatingEthical issues faced by operating
in the international environment.in the international environment.
Ethics and the morals are to be considered as the principles to be followed or
the right or wrong which presents the conduct of an organization or an
individual.
There are a number of activities carried out in a business corporation and
these operations are required to be conducted in a formatted and correct
manner.
HSBC is an investment banking corporation and carry s out the business
activities globally on a large scale and hence it is important for the
organization to follow and carry all the morals and ethics for a smooth and
flawless running of the firm.

Continued...Continued...
Employment practices.
The company should follow principle of equality in work and working
conditions. For instance there should be no difference in the work conditions in
the units in the home nations and host nations.
HSBC should set an equal standards regarding the work conditions in all the
business units and if not done so this will rise as an ethical issue.
Human rights
There are many human rights which are required to be followed and properly
implemented in the organization and if they are taken for granted then this will
create problems and conflicts.
`There are many economies that do not follow basic human rights which is an
ethical issue.