Ethically Responsible
Running Head: How Ethically Responsible Should Companies Be For the Adverse Affects They Have On Countries They Enter To Do Business
How Ethically Responsible Should Companies Be For the Adverse Affects They Have On Countries They Enter to Do Business
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Abstract Changes in the business environment have presented a number of challenges to establish ways of doing business. Thus, managers realized that the survival and growth of firms today and in the future relies on their aptitude to operate globally. Third world countries seek to attract American MNCs for the jobs they provide and for the technological transfers they promise. However, when these MNCs entered into countries to do business particularly in the third World Countries, many American condemn them (Hofffman & Frederick, 1995) for exploiting the resources and workers of the Third World. MNCs are blamed for the poverty and starvation. How ethically responsible should these companies be for the adverse affects they have on countries they enter to do business is the question being posed. The Multinational Companies shall be used as a model on this study to help provide an analysis as to what, how, and why these companies should be ethically responsible.
Introduction The premise of this discussion begin in an ethical question how (ethically) responsible should companies be for the adverse affects they have on countries they do business (Donaldson, 1989). This argument will run through a series of rationalization using the knowledge drawn on the aspect of multinational corporations operating in various nations particularly in the Third World. ( Barnet & Muller, 1974). For we knew the fact that the Third World needs multinational companies to provide the much needed jobs, technologies, and a means to improve the life of its people. Nevertheless, while the First World multinational Corporations (MNCs) considered the
How Ethically Responsible Should Companies Be For the Adverse Affects They Have On Countries They Enter to Do Business
Name of Student
Name of University/College
Name of Professor
Course
Abstract Changes in the business environment have presented a number of challenges to establish ways of doing business. Thus, managers realized that the survival and growth of firms today and in the future relies on their aptitude to operate globally. Third world countries seek to attract American MNCs for the jobs they provide and for the technological transfers they promise. However, when these MNCs entered into countries to do business particularly in the third World Countries, many American condemn them (Hofffman & Frederick, 1995) for exploiting the resources and workers of the Third World. MNCs are blamed for the poverty and starvation. How ethically responsible should these companies be for the adverse affects they have on countries they enter to do business is the question being posed. The Multinational Companies shall be used as a model on this study to help provide an analysis as to what, how, and why these companies should be ethically responsible.
Introduction The premise of this discussion begin in an ethical question how (ethically) responsible should companies be for the adverse affects they have on countries they do business (Donaldson, 1989). This argument will run through a series of rationalization using the knowledge drawn on the aspect of multinational corporations operating in various nations particularly in the Third World. ( Barnet & Muller, 1974). For we knew the fact that the Third World needs multinational companies to provide the much needed jobs, technologies, and a means to improve the life of its people. Nevertheless, while the First World multinational Corporations (MNCs) considered the
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