Question Description
The Complete assignments are all based on the assigned material, focusing on globalization, the economic foundations of business ethics, multinational corporations, and several global ethics issues. 1200 word count. APA format reference with 4 references.
Q1, Q2, and Q3 will all probably need the use of outside sources.
An article for Q1 is suggested in the question itself. That article is posted in the Unit 5 Course Materials.
Suggestions for outside sources are included in the question itself.
Q3 is about health care. Current news should be a good source of material for that topic. Try to avoid getting caught up in the politics of health care reform and focus on the ethical issues.
Q4 can be answered fully using information from the Read and Attend sections of the course.
#1. Economic Systems
Review the material on economic systems in Chapter Ten. Look at Figure 10.2 and answer the following:
1) What are the differences between capitalism and socialism?
2) What are the differences between rational economics and behavioral economics?
3) Explain the US shift from the 1950s-90s rational economics to the 2010 behavioral economics?
For additional information on this question, see the article, The End of Rational Economics, from Harvard Business Review (https://hbr.org/2009/07/the-end-of-rational-economics).
#2.Internet Security and Privacy
Internet security is often in the news. The Carnegie Council identifies it as a risk that require[s] organizations to make fundamental ethical choices when doing business globally (Ferrell, Fraedrich & Ferrell, 2013, p. 289). Review the material on internet security in Chapter Ten and answer the following:
1) Research a recent incident related to internet security and privacy that has a global or international component. Describe the incident, identify the ethical issues involved, and propose a solution (this doesn t have to be technical solution). Try to avoid politics unless there is also a clear link to business ethics.
#5.Health Care
Read the Chapter Ten debate issue on page 296. Clearly state whether you think
1) Health care is a fundamental right. It protects life, and should be ensured by government, or
2) Health care is a privilege and should not be provided by government because of the high costs.
#4.Resolving Ethical Business Challenges CornCo
Read the CornCo scenario on pp. 304-305. Pay particular attention to the global issues and the fact that law is not necessarily a static concept in business because it varies across nations. Answer the following:
1) What should George do? Identify the relevant issues that affect your decision, along with an ethical interpretation of those issues.