Business Ethics: Contracts with foreign businesses

    There are so many guidelines that one can apply in the code of conduct of an international business. Some of these guidelines on the ethical and social responsibility that I may apply in my code of conduct may include: the stating of the corporation’s policies, principles as well as global work that the organization values so much. Another guideline involves the holding fast of the foreign dealings basing on the companies social conscientiousness and ethics. The creation of a committee that would sustain the ethical principles is another guideline that I would use in the company. Conducting the routine meeting is another guideline that is implemented so as to ensure that the corporation sticks to the policies on the code of conduct. Also creating a code that would assist in the creation of know-how to the entire community is another r guideline that can be implemented in the company.  Another essential guideline is on the development of the health principles while working in these foreign nations. The use of a clear language that can be understood by all the people is another guideline that can be implemented (Ferrell et al 2010).

    The framework to be implemented in the company involves the realization of the issues that face the company and the decisions to be made. Then one is required to think through the decision made before taking an action then one can take an action and later test the decision that has been one has made and finally one can continue with the implementation of the decision made (Ferrell et al 2010).

    At times the people in the organization may behave in a poor way and this calls for a cause of action to combat the conduct. In this case, I would suggest the redirecting of the bad behavior to improve performance. Where the employees will make changes to the way one wants them to behave and continuous follow-up on them will enable them to change.

    The main key issues while developing the international business will be on the issues to do with bribery and corruption which is a vice as many countries discourage it and it’s against the rule to have a code of conduct that enhances it.  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

References

Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2010). Business ethics: Ethical decision making and     cases : 2009 update. Mason, OH: South-Western Cengage Learning.