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Integrative Managerial Issues (Society's Expectations (Social…
Integrative Managerial Issues
Globalization & its Impact
Global Village
goods & services are produced
Global sourcing
purchasing cheap material/labor
Multinational Corporation
international company that maintains operational
Transnational Organization
eliminates artificial geographical barriers
Global corporation
centralizes management & other decisions
Multidomestic Corporation
decentralizes management
Going Global
Importing
Licensing/Franchising
Exporting
Ethical & Unethical Behavior
Ethics: set of rules/principles defines right & wrong
ways ethics can be viewed
Rights view
to respect&protect liberties and privileges
Theory of Justice view
enforce rules fairly & impartially
Utilitarian view
solely on the basis of their outcomes/consequences
ways to create comprehensive ethics
Ethical Leadership
Ethics Training
Codes of Ethics
formal document primary values & ethical rules
Society's Expectations
Social Obligation
legal responsibilities
Social Responsiveness
social need
Social Responsibility
do the right things and act in ways that are good for society
Workforce changing & its Impact
Types of diversity
Ethnicity
Social traits, cultural background
Disability/Abilities
Race
Biological Heritage
Religion
Gender
Age
Gender Identity
Workforce diversity
people are different and similar one another