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|GDB||Dated: May 02, 17|
Course Title: Business Ethics
Course Code: MGT610
Graded Discussion Board
Opening Date: 02 May 2017
Due Date: 07 May 2017
Title: Globalization; An ethical Perspective
To make students understand the concepts of Globalization and its ethical perspective
After attempting this activity, student will be able to understand the concept of globalization in the light of business ethics. It also helps them to understand the critical views about globalization.
Title: Globalization: An Ethical Perspective
Globalization is an emerging phenomenon and still scholars are working on it. In simple words globalization means the dilution of borders between countries, it is about reducing the barriers between the sovereign states and resultantly provides free market environment. However, some critics are against this idea and according to them globalization has failed to provide security for the local manufacturers, particularly in those countries where the resources and raw material are expensive, which resultantly ended up in the expensive manufacturing. By this, manufacturers from those countries where factor of production including land, labor, raw material and financing is cheap would be more acceptable and welcoming. By keeping this view, these critics argue that Globalization is an unethical practice that has no moral ground to be implemented.
In your opinion this argument is justified or not? Provide logical reasons to justify your answer.
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