mini question 1 of business fin

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Business Finance

Description

Should a Multinational Corporation (MNC) reduce its ethical standards to compete internationally? Take a position and defend your answer

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Explanation & Answer

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I don't think  or disagree that multinational Corporations  should reduce its ethical standard for it to compete international, MNC  is a global figure if we should consider the market or cusotmer base. Its  corporate responsibility activities are being seen to effect the future and profitability of the business. Corporate social responsibility  should be signed by all global businesses for it to be fair and free from pressure from international community.

Complying with international ethical responsibility is being concerned about the  long term profitabity rathner than short term high benefikts of may be reducing thee ethical standard . 

The future should come first in this particular case.

Please let me know if you need any clarification. I'm always happy to answer your questions.


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