Question

1. How might different ethical philosophies influence how managers make decisions when it comes to offshoring of jobs?
2. In recent years, rules have tightened such that those who work for the U.S. government in trade negotiations are now restricted from working for lobbyists for foreign firms. Is this a good idea? Why, or why not?

Answer 1

Question:- How might different ethical philosophies influence how managers make decisions when it comes to offshoring of jobs?

Answer:

If we look at the Kantian approach, it would indicate that all the decisions related to off-shoring should be taken as per the combination of various principles which evaluate the decision on the basis of fundamental views for instance code of conduct for the organizations.

On the other hand, the virtue theory will indicate that the decisions related to offshoring must incorporate the effect of these decisions on the local community and different social elements.

When it comes to utilitarian approach, it is important to evaluate the different cost and benefits of the decision to be taken so that the benefits obtained must be more than the costs of the decision.

In the views of the eastern philosophical approach, the decision-maker must have a comprehensive, long term and more combining approach must be upheld by the decision-makers while keeping the effect of the decision on the individual along with the external environment.

Question- In recent years, rules have tightened such that those who work for the U.S. government in trade negotiations are now restricted from working for lobbyists for foreign firms. Is this a good idea? Why or why not?

Answer:

It is a good idea to prohibit those individuals who are acting as the representatives of the U.S. government in different trade negotiations from working for lobbyists for foreign firms as it will help in reducing and minimizing the conflict of interest which can result. It is quite obvious that a person who works in both roles would tend to have more inclination towards the trade policies which can be beneficial for the majority of the firms for which he or she is lobbying. When these types of practices are controlled, it will facilitate a more level field during the trade negotiations to all the parties