Global Business and Ethics

In: Business and Management

Submitted By rockdilla11
Words 1441
Pages 6
Global Business and Ethics
Raquel Padilla
MGT 216
March 8, 2010
Professor Scott Bridges

Global Business and Ethics “As borders disappear, people and goods are increasingly free to move, creating new challenges to global health” (Pang & Guindon, 2004). “Global interdependence is a compelling dimension of the global business environment, creating demands on international managers to take a positive stance on issues of ethical behavior, social responsibility, economic development in host countries, and environmental protection around the world” (National Multimedia, n.d). Even though many laws and regulations exist today, several large multinational companies still are having unethical behaviors and questionable practices. The purpose of this paper is to (a) describe ethical issues that became evident as a result of globalization; (b) compare ethical perceptions across cultures in regards to the situation; and (c) determine which risk and consequences were associated with the dilemma. The company selected to discuss the above topics is Nestlé.
Nestlé’s Ethical Issues
Unethical Marketing Practices infant’s formula. In 1977, Nestle became part of a huge ethical scandal; the company was being criticized for using unethical marketing practices putting at risk consumer’s health in order to promote its infant formula in another nation. “Many aid agencies called for the boycott of Nestle products which continued into 80’s, when Nestle decided to adopt the infant formula marketing code laid down by the World Health Organization and The United Nations Children's Fund (UNICEF)” (National Multimedia, n.d). Even thought the company had a charter on infant formula, Nestle violated the principles laid down in it. genetically modified foods. “Nestle was criticized for using genetically modified (GM) ingredients in its food products, and was…...

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