A Presentation on the Future of Sustainable International Business

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Added on  2023/06/03

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This presentation delves into the future of sustainable international business, addressing the darker aspects often referred to as 'black international business,' which includes illegal and unethical activities. It highlights instances of such activities in Australia, like human trafficking, bribery, and unethical banking practices. The presentation also explores a taxonomy of black international business based on ethics and legitimacy. Furthermore, it discusses prevalent types of black business operations in Australia, such as labor outsourcing, IT industry vulnerabilities, arms dealing, and banking sector corruption. Finally, the presentation proposes solutions, including stronger regulatory rules, a dedicated cyber-crime unit, and disciplinary actions for banks to foster a more sustainable and ethical international business environment. Desklib provides access to this and other solved assignments to aid students in their studies.
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Running Head: SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
Sustainable International Business Future
Name of the Student
Name of the University
Author Note
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1SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
Slide Topic Image Script
Slide
1
The concept
of Black
International
Business
Source- www.abc.net.au(2018)
The darker side of
Conventional
International
Business (IB) is
called the ‘black
international
business’. Many
illegal and
unethical activities
are related to the
international
market (Christians
2017). The
necessity of re –
exploring the
darker aspects of
international
business grew up
few decades ago
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2SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
Slide
2
Source- www.theaustralian.com.au(2018)
The major reason
behind black
international
business is the
human greed for
power, money and
authority
Slide
3
Illegal business of human trafficking
Source- www.theepochtimes.com(2018)
The examples of
black international
business can be
taken from the
distant past when
human trafficking
and criminal trade
in heroine were
common (As-
Saber and Cairns
2015). Such
activities are
encouraged by
illicit illegitimate
and criminal
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3SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
organizations.
Slide
5
Instances in
Australia
Source – www.alluremedia.com.au(2018)
Another instance
is of NPA or the
Note Printing
Australia which is
a subsidiary of
RBA has also
been alleged of
bribing foreign
officials (Rao
Gopi and Maione
2016). The
bribing has been
done with Nepal ,
Nigeria ,
Indonesia ,
Vietnam and
Malaysia in order
to secure lucrative
note –printing
contracts (Lee
2018).
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4SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
Slide
6
Instances in
Australia
Wheat production in
Australia
Source- www.abc.net.au(2018)
It is publicly
known that the
Australian Wheat
Board (AWB)
regularly bribed
the region of
Saddam in order
to freely sell
wheat in Iraq(As-
Saber and Cairns
2015).
Slide
7
Black
International
Business’
taxonomy.
According to the
taxonomy of black
international
business based on
terms of ethics
and legitimacy
perspectives, there
are four types of
black international
business including
the low business
legitimacy, low
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5SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
Source- www.smh.com.au (2018)
ethical orientation,
high business
legitimacy and
high ethical
orientation (As-
Saber and Cairns
2015).
Slide
8
Elaboration
of the
taxonomy
Source- www.illicit-trade.com (2018)
There are trades
which are
government
sanctioned and
ethical too. There
is also another
type of trade
which is fully
unethical. Some
international sales
are classified as
fully illegal by the
government and
unethical too (As-
Saber and Cairns
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6SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
2015).
Slide
9
Unethical
business
practices
The international
business activities
can either be good
or bad. The major
activities of black
international
business in
Australia are the
legal and the
unethical. The role
of any business is
to serve the
demands of the
society and
preserve the
common good.
The Australian
black business
include money
laundering, labor
exploitation, drugs
and heroin
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7SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
smuggling,
Slide
10
Prevalent
types of
business
operations in
Australia
The most
prevalent type of
black business in
Australia is
women and child
trafficking. The
Australian Police
has been found to
be raiding the
brothels of the
country to check
whether any
illegally trafficked
women are being
victimized (As-
Saber and Cairns
2015).
Slide
11
Business
operations
( Labor
outsourcing
It is observed that
the nation
Australia is having
considerable
number of its
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8SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
citizens, going to
other states in
search of jobs and
the various
agencies are
providing them
the opportunity to
work for various
organizations.
Companies across
the border are also
hiring them for
their business
operations. But in
recent time a
significant issue
that is affecting
the good will and
the safety of the
people of
Australia is
evolved in the
form of Human
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9SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
Trafficking (As-
Saber and Cairns
2015).
Slide
12
Business
Operations
( Informatio
n technology
industry)
The IT industry is
significantly
expanding in
Australia as the
nation is able to
observe higher
rates in literacy in
the modern times
and rapid
increment in
dependency of the
technological
advancement
regarding the
information
exchange in the
military or other
confidential
matters of the
government is
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observed.
With the
important
information at
stake, the illegal
and unethical
interruption from
different national
and international
sources is
affecting the
operations in a
significant
manner. As a
result, the
organizations are
observed to
transfer
information in a
disguised manner
with the
introduction of the
unusual coding of
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11SUSTAINABLE INTERNATIONAL BUSINESS FUTURE
the information
(As-Saber and
Cairns 2015).
Slide
13
Business
operations
( Arms and
Weapons
selling )
Source- www.smh.com.au (2018)
The nation has
implemented strict
rules on the
retailers, suppliers
and manufacturers
of the
organizations,
which are selling
the weapons (As-
Saber and Cairns
2015). In recent
times it is
observed that the
organizations are
significantly
attached in
unethical and
criminal conduct
of selling the
weapons to the
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