ABSTRACT

Chapter 6 is about global business ethics. It discusses specific ethical challenges and responsibilities that businesses face on the global level. The chapter starts with three example cases to illustrate typical ethical issues in the global economy: child labor in the chocolate industry, outsourcing of manufacturing jobs, and e-waste. The chapter then explains the origins of certain ethical issues in the global context by the specific characteristics of the global economic system. Finally, the chapter defines ethical guidelines for global business by distinguishing two approaches: basic global business ethics that comprises minimal ethical requirements for global business activities and advanced global business ethics that promotes business as a positive force in the world.