Outsourcing: Is It Ethical? Outsourcing has become a very hot topic in our country over the last few years. Many Americans view this topic as very controversial and unethical. Outsourcing is also known as the offshoring of American jobs. These jobs are being sent to foreign countries all over the world. Under George Bush’s administration the American economy lost 1.6 million jobs. Outsourcing to other countries is not limited to one business sector or profession; almost all professions are
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Outsourcing theory International business theorists have long been fascinated by the way in which companies opt for internalization solutions‚ in which in-house units take responsibility for most value chain operations‚ versus externalization approaches‚ in which most value chain work is outsourced. Some view this arbitrage in national‚ macro-level terms‚ one example being a recent study showing that MNEs headquartered in mid-sized countries with an abundance of skilled labour tend to prefer outsourcing
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Ethical Implications of Outsourcing Shawn Schneider University of Phoenix Michael Osby MGT216 May 18‚ 2009 Ethical Implications of Outsourcing For several years‚ many companies have turned to outsourcing income tax preparation and income tax return filing to companies in other countries to improve performance. The act of outsourcing a company’s tax preparation is reasonable if the company is confident with the servicing company which is contracted;
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Outsourcing nowadays has become a global phenomenon and a key player in a lot of businesses around the world. Yet‚ at the same time‚ many questions have arisen about the negative impacts of such practice and more and more businesses have to face the dilemma of outsourcing their work at the cost of its ethical consequences. The recent downturn in global economy has put more pressure on companies to cut their cost while doing business. Numerous corporations in big countries such as US‚
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U.S economy. It has be said that there may be a moral business downside that arises with outsourcing. Utilitarianism theory will suggest that outsourcing is good and this should be the model used when discussing outsourcing. In this essay I will describe why I believe Utilitarianism theory should be used for talking about outsourcing and why the Kantian theory of ethics is not. Utilitarianism is an ethical approach to ethics used and started by Stuart Mill and Jeremy Bentham. It is considered a
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Outsourcing is the practice of charging external service providers with the task of performing in-house activities. Outsourcing has drawn attention with regard to its role in achieving effective logistics integration by which inter- and intrafirm activities are integrated to enhance customer satisfaction and competitive advantage (Bolumole‚ Frankel‚ and Naslund 35). By understanding the theoretical perspectives attributed to outsourcing‚ managers can identify and evaluate strategic reasons specific
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Outsourcing Production or Moving Away The Locus of Ethical Accountability? Some Findings about Product Safety Francesca Magno PH.d. candidate University of Bergamo Faculty of Economics Department of Business Administration Via dei Caniana‚ 2 24127 Bergamo ITALY e-mail: francesca.magno@unibg.it Outsourcing Production or Moving Away The Locus of Ethical Accountability? Some Findings about Product Safety ABSTRACT
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set of moral principles or value" or "a theory or system of moral values." Ethics assists individuals in deciding when an act is moral or immoral‚ right or wrong. Ethics can be grounded in natural law‚ religious tenets‚ parental and family influence‚ educational experiences‚ life experiences‚ and cultural and societal expectations. Ethics in business‚ or business ethics as it is often called‚ is the application of the discipline‚ principles‚ and theories of ethics to the organizational context.
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Ethical Theories from different prospectives Robin Picciano Colorado Technical University PHIL 101-1403B-02 When dealing with ethics‚ there are many different theories that apply to what is right or wrong‚ and also what people should or should not do. All because something may seem or feel right for one person it may not always apply to another person or people in the society. Many people have their own beliefs and values as a person or while involving a society (Mackinnon
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Ariq Zaman MME 101 11/10/10 Ethical Theories The word ethics comes from the Greek word ethos‚ which means morals. Ethical theories are the basics of ethical analysis because they are the perspective from which guidance can be attained along the pathway to a decision. Each theory highlights different points such as forecasting the outcomes and following one ’s responsibilities to others in order to attain an ethically correct decision. “The moral rightness of an action‚ unlike the cultural
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