We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Multinationals-Exploiting attributes of different locations - Essay Example

Comments (0) Cite this document
Multinationals-Exploiting attributes of different locations Introduction The advent of globalization has catapulted many multinational companies to expand their businesses worldwide. Rising production costs has also played its part in these companies moving their factories to other third world countries where cheap labour is readily available…
Download full paperFile format: .doc, available for editing
Polish This Essay93.2% of users find it useful
Multinationals-Exploiting attributes of different locations
Read TextPreview

Extract of sample
"Multinationals-Exploiting attributes of different locations"

Download file to see previous pages Foreign Direct Investment in many developing countries have stunted the growth of indigenous industries and also resulted in large scale exploitation of the resources of that particular region. Political Economy-cases and methods of multinational exploitation Multinational companies principally exploit the attributes of different locations either by following labour laws that do not reflect the current sentiment in the market or by monopolising the market in such a way that competition from the native country is slowly relegated. Unfair practices in cahoots with the government also result in large scale exploitation of natural resources. Some of the cases and theories of exploitation by multinationals have been discussed. 1. One case study of the garment industry from around the world is carried out to ascertain the working conditions of those employed in this industry. The industrial term for such factories are ‘sweatshops’ which employ workers at low wages and force them to work in unhygienic conditions for a long period of time. It is said that the garment industry in Central America employs 80% women between the age group of 14-26. At Doall, a Korean company operating in El Salvador that makes the famous LizWear and Liz Claiborne fashions; women are made to work from 6.50 am to 10.30 pm with two half hour breaks, one for lunch and the other for dinner. (VIDEA, 2000 ) In the rush hour months they have to work for 7 days week clocking roughly 90 hours. To prevent them from sleeping, the company also encourages them to take a ‘No Doze’ pill which is a highly unethical practice. For the first eight hours these workers are paid 60 cents an hour and 1.20 dollars per hour as overtime. To sum up a worker would be paid 8.40 dollars for an arduous 11 hour shift which is considered far below the minimum wage requirement. (VIDEA, 2000) The Liz Claiborne collection is, however, marketed as very modern, fashionable and sophisticated dress around the world. However if indications are to show the working conditions at the Doall factory in El Salvador is anything but sophisticated. Apart from low wages, the working conditions are pathetic. Air that is full of dust and lint cause breathing problems, skin rashes and other kind of allergies. Bathroom breaks are limited and workers are obligated to work overtime. Failure to adhere to these norms results in suspension or withholding of ‘attendance’ bonuses. Apart from these excesses, new workers are forced to take blood and pregnancy tests to prevent employing pregnant women. Women in the ironing and cleaning sections are forced to stand all day causing inflammation in the feet and working ambience is especially unpleasant with supervisors yelling at them for not being able to meet targets. (VIDEA, 2000) Employers know that any kind of trade unionism with the nature of work involved would cause severe problems for the company. Hence any kind of activity to that effect either by way of organization or by distributing trade union literature is considered subversive. Studies carried out by National Interfaith Committee for Worker Justice Workers in factories of Lavapant, Vaqueros and Cantabria indicate that workers were not paid overtime even though they had worked over 60 hours. This is in violation to the Mexican ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Multinationals-Exploiting attributes of different locations Essay”, n.d.)
Multinationals-Exploiting attributes of different locations Essay. Retrieved from https://studentshare.org/business/1402244-analyse-how-multinationals-are-exploiting-the
(Multinationals-Exploiting Attributes of Different Locations Essay)
Multinationals-Exploiting Attributes of Different Locations Essay. https://studentshare.org/business/1402244-analyse-how-multinationals-are-exploiting-the.
“Multinationals-Exploiting Attributes of Different Locations Essay”, n.d. https://studentshare.org/business/1402244-analyse-how-multinationals-are-exploiting-the.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Exploiting New Ideas
Mostly, small ideas and dreams (where small ideas came) are being ignored at the moment and pass a long array of paper works and signatures as part of their standard operating procedures. This thereby frustrates employees with minds for new ideas and innovations.
22 Pages(5500 words)Essay
Store locations
However, in dealing with feasibility, location seems to be a major factor. It is an established fact that in a certain location, it is important to consider the volume of customers, the marketability of the location and the profitability of it in dealing with the location of the store.
6 Pages(1500 words)Essay
Global Executive attributes
American Express, often known as AmEx, is a worldwide financial services provider with its headquarters in New York. The company is globally renowned for its credit card, travelers cheques and charge card. Kenneth Chenault the Chairman and CEO of the
3 Pages(750 words)Essay
Exploiting the Native Americans
ides the English, the French and the Dutch shared a common goal of establishing colonies in the land primarily inhabited by indigenous people whose way of living significantly differed from the lifestyle and economy of the people of Europe. To learn the means to disrupt the
1 Pages(250 words)Essay
CCI - Exploiting new ventures
In company ventures, also referred as in-house start ups are a new way of managing large and multifarious companies with growing need of drastic modernization and diversification. The multi businesses within an organization are taken care through establishment of
1 Pages(250 words)Essay
Top Origin and Destination Locations
Several Mexicans live under extreme conditions of poverty. The poor conditions in Mexico have made many people in Mexico to seek other favorable conditions in the USA in order to
2 Pages(500 words)Essay
How can we account for the rise and growing role of multinational enterprises from the Asia Pacific in the global economy Specify your reasons using corporate cases of multinationals from different industries and different countries of origin
These investments come in a number of ways. First, the foreign direct investment comes from the West as people from these regions buy shares from firms in Asian Pacific region. As competition has mounted, firms from the West
6 Pages(1500 words)Essay
How can we account for the rise and growing role of multinational enterprises from the Asia Pacific in the global economy Specify your reasons using corporate cases of multinationals from different industries and different countries of origin
Asia is one of the continents that have benefited immensely from the globalisation process. Many multinational firms from the Asia Pacific region have been able
9 Pages(2250 words)Essay
How can we account for the rise and growing role of multinational enterprises from the Asia Pacific in the global economy Specify your reasons using corporate cases of multinationals from different industries and different countries of origin
Perhaps one region that has grown at an amazing rate is Asia Pacific with companies from Japan, Korea and Taiwan establishing themselves as
10 Pages(2500 words)Essay
Attributes and Primary Keys of the ERD

To identify the entity types, the author broke down all the components of the company. He used the understanding that an entity has attributes, which form its characteristics. The entity types represent sets of objects and are usually pictured by rectangular nodes. SoniDream is the company, forming one of the entities.

5 Pages(1250 words)Coursework
Let us find you another Essay on topic Multinationals-Exploiting attributes of different locations for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us