Lesson 5.3 -Cultural Theories and relation to ethics in international business
Learning Goals: By the end of this lesson you will be able to
- Evaluate the ethical issues that arise for companies competing internationally for consumers, stockholders,employees, the host country, and society.
- Understand and compare Canada with other countries with respect to cultural theories (e.g., Porter’s diamond theory, Hofstede’s cultural dimensions theory) and viewpoints (e.g., ethical imperialism, cultural relativism), as they relate to ethics in international business
Independent Work
1.Read Case + Answer the questions2.Glossary Quiz3.Exit Card4.Homework Forum- Use the case analysis template provided.
Do this quiz before class and after you study the glossary.
Post your case analysis here by 1 hour before class.
The central government in China is very ashamed of the Sanlu scandal, and they want your analysis and recommendations for preventing such a thing from happening again in the future. Prepare a presentation to talk about:
- Stakeholder analysis for the milk scandal
- Why people do unethical things for money*
- What we can do to prevent unethical behavior
*There are many factors for question 2. Include Hofstede as one of your factors.
Do this short survey after class to reflect on how class went for you.