Expanding Business of Pegasus in China - Essay Example

Barring serious acts of omission and commission, activities and behavior that do not adversely impact stakeholders’ interests are ethically correct and morally right.

            In the current case, using agents is right because China’s culture vastly differs from that of the developed nations. Hence, while corruption may not be a big thing there, Oswald’s perception represents a Western outlook. He must understand that subverting legal clauses slightly on the wider interests of its stakeholders is the need of the hour. The wireless technology of Pegasus would benefit millions of its customers in China while ensuring good financial returns for itself.

Answer 2

            Oswald should take the services of agents who have a better understanding of China’s legal constraints and bureaucratic process to establish their presence in China. Indeed, by using agents, he would neither be compromising his or her company’s ethical parameters nor directly getting involved in an unlawful activity. Hence, he should go ahead with his expansion plan to China. 

Answer 3

            U.S. standards of ethical behavior can only be applied and complied with in other countries if it adversely impacts its international clients or organizations. The Department of Justice, the American legal department, or the Sarbanes Oxley Act of good corporate governance all work within the broader parameters of national interests or are constrained by geographical entities of national sovereignty across the world. Thus, when businesses expand their interests across geographical boundaries, they must comply with the legal and administrative framework of the host country. In this case, the credibility of Pegasus is not comprised because of any ethical, legal, or administrative faux pas. CEO, Oswald of Pegasus is just following the norms as set by its precedent businesses which have used agents who are better equipped to deal with the authorities in China.