Globalization Over the Last Several Term Paper

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Once this occurs, is when an organization will face a number of ethical challenges, as they want to maintain healthy profit margins and are forced to push employees to work even more hours. At which point, it is only a matter of time until productivity levels will decline.

The best way to establish ethical practices in various host countries is to create an ethical code, based upon cultural traditions and the ethical standards of the company. This is where you are taking the ethical standards of the organization and are augmenting them, with the values of the country. Once this take place, you would then create an ethical code, to serve as a basic foundation for various moral business practices. At which point, you would conduct consistent ethical audits, to determine how the staff is responding to the different ethical challenges that they will face. Over the course of time, this strategy will help to create an effective code of ethics that is tailored to each country a company has operations in. ("Ethical Issues in Business," 2010) A good example of this can be seen with the World Tourism Code of Ethics.

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This establishes, nine basic principles that all countries, engaging in various forms of tourism will follow. As the implementation and introduction of this code, has meant that a worldwide standard is followed for acceptable business practices in the tourism industry. At which point, the way businesses and their employees interact with travelers will be the same around the world, helping to contribute to consistent long-term growth. ("The World Tourism Organizations Global Code on Ethics for Tourism," 2005)

Clearly, longer working hours are having a negative impact upon employees. As the overall levels of stress increases, the more an individual is forced to work long hours. At which point, it is only a matter of time until productivity declines and employees will become very agitated. To rectify this situation, all employers should customize a code of ethics to the various countries that they have operations in. This will help to ensure that a set of standards is in place, while embracing the traditions of the country. At which point, an MNC can be able to increase productivity, while addressing various ethical challenges......

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