Critically evaluate the ethical issues facing global business such as use of child labour, corruption etc.

The ethics of globalisation and utilitarianism does it create more harm than good benefits to host countries, exploitation, collusion between governments and MNCs, political tension, diversity or cultural globalisation.
Responding to host countries ethical standards and values.

1) Ethics.
2) Values and Processes. 3) Early Childhood Australia Code of Ethics 4) The ethical issues on child labours. 5) Corruption as a moral issue on Child Labours.

1) Ethics.

Ethics has to do with what my feelings tell me is right or wrong. Ethics has to do with my religious beliefs. Being ethical is doing what the law requires. Ethics consists of the standards of behaviour our society accepts. "I don't know what the word means."

2) Values and Processes. The following values and processes are considered central to the Code of Ethics: respect democracy honesty integrity justice courage inclusivity social and cultural responsiveness education.

3) Early Childhood Australia Code of Ethics. I. In relation to children. II. In relation to families. III. In relation to colleagues. IV. In relation to communities. V. In relation to students.

VI. In relation to my employer

VII.In relation to myself as a professional. VIII.In relation to the conduct of research

3) the ethical issues on child labours. The irony that these bonded child labourers should be working in such horrific conditions on clothes destined for our Christmas shopping baskets to give the kind of seasonal cheer to western consumers that these kids are never likely to experience should give us all pause for thought.

This latest episode highlights starkly some of the most painful dilemmas of the global economy. Should corporations be allowed to make windfall profits by manufacturing in poor countries and selling in rich ones? Would ending such corporate profiteering improve or worsen the plight of workers in developing countries?
This ethical commitment and the refusal of millions of western consumers to purchase such tainted products is, at one level, admirable. But this conscientious objection will not make the issue of child labour disappear.

I long to see the day when the lives of all children are little more than child's play, disturbed by nothing more than the occasional grazed knee in the playground or a spelling bee buzzing in their heads. But the reality is far removed from this idyllic ideal.

According to the UN, a fifth of India's GDP is produced by 55 million children. And, as anyone who has lived or travelled in developing countries will readily attest, the situation is similar across the globe. There are more than 200 million child labourers worldwide, excluding domestic labour, Unique estimates.
According to available statistics, the vast majority of working children do backbreaking farm work and more than half are engaged in hazardous or dangerous activities, such as working in mines. In addition, an estimated 1.2 million children are trafficked, forced into debt bondage or other forms of slavery (5.7 million), or into prostitution and pornography (1.8 million).

The idea of condoning child labour is shocking to our rich-world sensitivities. But regulated child labour that affords children the long-term prospect of climbing out of poverty is a better alternative to the situation millions of children currently find themselves in. We mustn't forget that it took many long years of prosperity, rising educational standards, wealth redistribution, fearless campaigning and legislation before Oliver Twist and David Copperfield became ghosts of an unappealing past.

5) Corruption as a moral issue on Child Labours.

Purpose : Corruptive behaviour penetrates the business process itself and permeates the mental attitude of decision makers on all hierarchy levels. This paper seeks to present the special legal situation in Germany as the regulatory environment for business transactions and to discuss the moral consequences of an economy of greed. Design/methodology/approach :

The moral aspects of corruption are treated from an institutional ethics viewpoint as well as an individual ethics perspective. Regarding the institutional aspects (compliance approach) reliance is placed on the empirical study of ethical conflicts of companies in Germany and the USA. The individual ethics perspective is derived from a Christian understanding of man's personal responsibility in society.

Findings : A compliance approach can only serve as a necessary first step to counteract fraud and corruption. To obtain a good corporate citizen status, a company should also develop an open dialogue with all stakeholders (integrity management approach). Research limitations/implications : The concept of quasi-regulation, which combines governmental legal aspects with a company-wide good corporate citizen approach, offers a viable concept and needs further empirical research.

Practical implications : This paper proposes to restore the concept of an honourable entrepreneur. Decision makers should pursue personal authenticity, fairness, and mutual trust in their relations with others. Originality/value : Preventing corporate corruption requires a new way of thinking based on a loyal attitude and the personal commitment of leaders.