discussion

discussion

Assume the role of a senior level executive of a multinational company located in Saudi Arabia. Your organization conducts business in various parts of Asia, Europe, The United States, and Mexico. It has come to your attention that some strategic partners have engaged in practices that are considered unethical. Although such practices may not be considered unlawful, they raise questions regarding integrity and high ethical standards as related to financial activity, safety standards, and treatment of employees.

How would you address the current issues with partnering companies who are engaged in questionable practices? Importantly, how do you protect your organization’s public image when such practices have been called into question? Be very specific and thoroughly explain based on the ethical concepts gained in the course.

Embed course material concepts, principles, and theories, which require supporting citations along with two scholarly peer-reviewed references in supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.

Be sure to support your statements with logic and argument, citing all sources referenced

Solution Preview

Ethical Concepts

Strategic partnering is considered one of the most effective business moves a company can make in a bid to share costs such as resources as both of the companies benefit mutually from the partnership. Strategic partnering can have advantages such as reaching new markets your local company could not, block or overshadow a business competitor, strengthen weak departments of your company or even increase local customer loyalty due to association with the international company (Ferrell & Fraedrich, 2015).

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