Question

In Ligedia, a country in East Asia, factory workers are exposed to dangerous work conditions. Although such a practice is unethical, it is not considered illegal. Maple Inc., a Canadian mining company, is planning to start its operations in Ligedia. Which of the following actions should Maple Inc. take to proactively deal with the ethical situation?

1. It should focus more on staying within the legal limits.
2. It should build capabilities that would enable it to quickly respond to the ethical situation.
3. It should establish strong guidelines to direct global actions toward employees, communities, and customers.
4. It should engage in actions that attempt to minimize the damage to the firm.

Answer 1

B. It should build capabilities that would enable it to quickly respond to the ethical situation.

The organization in order to sustain and succeed needs to be effective enough to ensure that there are guidelines and policies to which the stakeholders need to adhere to. Ths organization as a whole needs to possess the capabilities that would enable them and help them in such ethical situations in order to manage and handle such aspects accordingly.