INTRODUCTION

⚫ Increased globalization gave rise to a lot of

problems, including ethical and social responsibility
at home and abroad .
⚫ they look to establish or contract operations
(production, service and sales)in countries and regions
where they can exploit cheaper labor and resources.
⚫ The wages paid in the new settings can be minimal,
and worker's rights and conditions poor.
⚫ during the past 55 years, technological improvements in
transportation, communication and information
processing and the Internet have made big
contributions to the development of
countries. To manage this trend fairly, it is
recommendable to create universal ethical
norms, rules and regulations.
 WHY DOES SOCIAL RESPONSIBILITY
MATTERS ?
⚫ Social responsibility affects people on so
many different levels. It’s important for stockholders,
to know that the executives are running the company
in an honest and ethical way. Also, from a consumer
point of view, consumerswant to know that
companies really care about them and providingfor
their needs, not just making a profit.
⚫ Further, it carries over to the public. Without this
principle, more corruption would find its way into
the business realm. Companies should seek to
promote social responsibility in every way
possible.
EXAMPLES OF GLOBAL COMPANIES
PERFORMING SOCIAL
RESPONSIBLITY
⚫ P&G : Thanks to P&G Hope Schools, a program in
partnership with the China Youth Development
Foundation, children now have better access to
education in poverty-stricken rural areas of China.
P&G Hope Schools have benefited over 150,000
children across China in the last 15 years, and over
5,000 P&G China employees have actively supported
it’s program activities.
⚫ Nokia : Electronic products such as cell phones
impact the environment both during production
and after their useful life when they are discarded
and turned into electronic waste. Nokia is listed in
Greenpace’s Guide to Greener Electronics that scores
leading electronics manufacturers according to their
policies on sustainability, climate and energy and
how green their products are.
⚫ Nestle : One of the largest food manufacturers in the
world, in 2009 Nestle instituted "The Cocoa Plan" in
an effort to encourage sustainability, labor rights and
fair trade in the cocoa industry. The Cocoa Plan is
Nestlé’s way of helping to tackle key issues facing
cocoa farmers, their families and communities in
order to create a better future for cocoa farming.
IS GLOBALISATION SUITABLE FOR
EVERYONE ?
International Monetary Fund (IMF) asserts that as
globalization has progressed, living conditions have
improved significantly in virtually all countries.
However, the strongest gains have been made by the
advanced countries and only some of developing
countries. That the income gap between high-income
and low-income countries has grown wider is a matter
for concern. And the number of the world`s citizens in
abject poverty is deeply disturbing. But it is wrong to
jump to the conclusion that globalization has caused
the divergence, or that nothing can be done to
improve the situation.
POSITIVES OF GLOBALISATION
⚫ As more money is poured in to developing countries, there is a
greater chance for the people in those countries to
economically succeed and increase their standard of living.
⚫ Global competition encourages creativity and innovation and
keeps prices for commodities/services in check.
⚫ Developing countries are able to reap the benefits of
current technology without undergoing many of the
growing pains associated with development of these
technologies.
⚫ Governments are able to better work together towardscommon
goals now that there is an advantage in cooperation, an improved
ability to interact and coordinate, and a global awareness of
issues.
⚫ There is a greater access to foreign culture in the form of
movies, music, food, clothing, and more. In short, the world has
more choices.
NEGATIVES OF GLOBALISATION
⚫ Outsourcing, while it provides jobs to a population in one
country, takes away those jobs from another country, leaving
many without opportunities.
⚫ Although different cultures from around the world are able to
interact, they begin to meld, and the contours and
individuality of each begin to fade.
⚫ There may be a greater chance of disease spreading
worldwide,as well as invasive species that could prove
devastating in non- native ecosystems.
⚫ There is little international regulation, an unfortunate fact that
could have dire consequences for the safety of people and the
environment.
⚫ Large Western-driven organizations such as the International
Monetary Fund and the World Bank make it easy for a
developing country to obtain a loan. However, a Western-focus
is often applied to a non-Western situation, resulting in failed
progress.
 CONCLUSIO
N
⚫ It is accepted that globalization is an unavoidable process
and will progress forever.
⚫ All business desire to compete successfully in international
environment, should obey to legal and ethical rules and
regulations.
⚫ It requires little thought for most of us to know the socially
responsible or ethically correct response to questions
about breaking the law, destroying the environment.
⚫ Denying someone, taking unfair advantage or behaving in
a manner that would bring bodily harm or damage.
THANK YOU.