Discussion board

User Generated

Rnuznq

Business Finance

Description

“You are a $tockholder (and/or perhaps, a manager) in a large U.S. multinational company (MNC) that manufactures athletic shoes in several different countries in Southeast Asia, and sells these shoes both here in America, and in many other countries around the world.

Is it acceptable for your company to lower its ethical standards (perhaps those commonly followed in the U.S.) to compete internationally?

International ethical issues commonly confronted by a MNC might include:

[1] foreign countries with liberal child labor laws

[2] foreign countries with liberal environmental standards

[3] foreign countries with lower product quality standards

[4] foreign countries with lower worker safety requirements

[5] foreign countries where bribery and other forms of corruption are commonplace

**Note that many of these issues are discussed in the Chapter 13 and Chapter 16 video lectures.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: DISCUSSION BOARD

1

Discussion Board One
Name
Institutional Affiliation

DISCUSSION BOARD

2
Discussion Board One

Multinational companies must follow strict ethical principles to enhance the well-being
of individuals in the associated countries. One important thing with multinationals is that they
ease the affordability of goods and services. The ability of firms to extend their services to other
countries comes with multiple benefits including the ability to get cheap labor from the
destination country and an increased market share. Nevertheless, these organizations often find
themselves violating ethical issues to meet the high competition from other multinational
companies. Companies, therefore, are required to design their policies regarding their moral
beliefs to enhance the safety of their employees and clients (Carroll & Buchholtz, 2014). In some
cases, customers have boycotted company products after realizing any violation of human rights
...


Anonymous
Excellent resource! Really helped me get the gist of things.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags