Ethics & Business Essay Example | Topics and Well Written Essays - 2000 words

Ethics & Business - search ExampleIn Mexico, it has been reported that lap upers are murderered in truth little wages to an extent that they are hale to send their kids to offer labor in garment factories instead of going to school (Esbenshade, 2004, pp.4). This denies the young children from achieving their rights to development and forces them into the same torturing manual professions like their parents. The word sweatshop was first coined in the early 1900s i.e. during the industrial revolution. It was a term used to express the kind of abusive working situation several workers in Latin America used to and are still put to go through by middlemen who make an income off their sweat. For every patch up a worker receives, there is a portion that is taken by the middlemen. This percentage is what is said to be sweated from the laborer despite the fact that, they received minimal wages for disproportionate work, on a lower floor unhygienic conditions. Basically, the greatest victim of sweatshops is often women. Under these working conditions, these womens right to wages that con melody to basic costs of living is violated they live and work beneath substandard and hazardous working condition they receive no compensation for overtime work and also endure sexual harassment. In many instances, the women fall victim to this inhuman habit as they are lured by recruiters who promise promised land but only offer hell. Worse still, is the fact that in around instances, they pay lots of interchange in recruitment and contractual fees that tie them up to commitments that would probably last for endless years. Some notwithstanding go for several years without receiving even a single penny as they try to pay off their debts. Those who attempt to escape back home without meeting their contractual commitments are in most cases blacklisted or jailed. The laborers, who often are not quite familiar with their labor rights frequently, carry on with work even when t heir wages delayed for weeks. Some employers even lure the women into offering them sexual favor for break in opportunities and wages, something that never comes to bare fruits (Hapke, 2004, pp.3). Global Corporations Perspective and Ethics Ethics among global corporations is a widespread hold out that impacts not only in the economies of Latin America, but also the economies of other nations as well. In a time when technology has enhanced accessibility all across the world, the global economy is continually turn more and more vital. Labor standards of the firms targeting foreign workers must aptly take into consideration the principal form of human rights, and the persona of both the individuals targeted as well as that of the company. When discussing ethics among global corporations, some of the cay areas of debate include extortion, moral norms and human rights (Hapke, 2004, pp.3). The behavioral traits exhibited by firms in the hosting nations normally impact negatively on t he economies and persons of both the targeted nation as well as the host firms doing worry. Due to this, the ethical standards under which a company ought to operate under has been a source of extensive debate for a very long time. There are two fundamental ethical issues in human rights that need to be largely taken into consideration by global business players. First and foremost, is the question of whether global business players should carry out business in nations which consistently