The XYZ Construction Inc. located in Denver, Colorado is planning to expand operations in Asia. In order to be able to do expansion in Asia the XYZ Construction Inc. needs to find out more about the ethical and social issues that may affect the business, project managers and engineers. Moreover, the XYZ Construction Inc. may need to train staff or hire a staff that would fit the culture.
Ethical and social issues within the global market of Asia
South Asia is one of the most densely populated regions of the world, where despite a slow growth, agriculture remains the backbone of rural economy as it employs one half to over 90 percent of the labor force. Both extensive and intensive policy measures for agriculture development to feed the massive population of the region have resulted in land degradation and desertification, water scarcity, pollution from agrochemicals, and loss of agricultural biodiversity. The social and ethical aspects portray even a grimmer picture of the region with growing poverty mainly, amongst small farmers, food scarcity, and overall poor quality of
Life (Khan & Shah 2011).
The most common unethical conduct evidenced by the contractors are cover pricing, bid cutting, poor documentation, late and short payments, subcontractors’ lack of safety ethics, unfair treatment of contractors in tender/final account negotiations, competitors’ overstatement of capacity and qualifications to secure work, competitors’ falsification of experience and qualifications and bureaucratic, government policy (Hamimah, Norfashiha, Norazian, Yusuwan, & Norizan, 2012).
Environmental Issues
Environmental issues include the effects of extensification and intensification of agriculture on the soil, water, and biodiversity of the local and downstream environment (Khan & Shah 2011). A very serious threat to agriculture is from the growing scarcity of fresh water in much of South Asia. Many countries have reached a point where they can no longer
References: Asia business ethics in small business. (2012, February 26). Retrieved from http://small- business.ezinemark.com/asia-business-ethics-7d34446030bd.html Evenson, R. E., & Gollin, D. (2003). Assessing the impact of the green revolution 1960 to 2000. Science, 300 (5620), 758–762 Gopal, K Hamimah, A., Norfashiha, H., Norazian, M., Yusuwan, & Norizan, A. (2012). Ethical Issues in the Construction Industry: Contractor 's Perspective Hazell, P. (2003). Green revolution: Curse or blessing. Washington DC: International Food Policy Research Institute. Khan, M., & Shah, S. (2011). Agricultural Development and Associated Environmental and Ethical Issues in South Asia World Bank. (2008). World Development Report 2008: Agriculture for development Washington DC.