Nobody downloaded yet

Assignment: Discussion Questions (7) - Essay Example

Comments (0) Cite this document
The concept of international social responsibility refers to the global corporate social responsibility (GCSR) expected from multinational companies (MNCs). International law governing this area is generally “unsettled and ambiguous” (Zerk, 2006) and the various guidelines…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.1% of users find it useful

Extract of sample "Assignment: Discussion Questions (7)"

Download file to see previous pages The relationship of MNCs with the host country is thus guided and affected by the GCSR framework the MNC applies. The people and the governments of host countries are always concerned that MNCs conduct their business operations with respect and responsibility; by respecting the laws and traditions of the country and demonstrating responsibility for their actions.
Many MNCs have been criticized in the past for their activities in less developed countries (LDCs) because they differ from their standard practices in their own countries, due to the tendency for laxity, or because they are otherwise considered unethical in the host country. For example, child labor is widely accepted as unethical nowadays but the practice continues in some LDCs, especially those with low standards of living, and worse is the fact that many MNCs have taken advantage of the cheap labor in order to reduce costs without regard to their health or education. MNCs from western capitalist economies are the worst culprits because they follow the tenet of Milton Friedman of only being responsible for their shareholders whereas this is in conflict with eastern values such as harmonizing profits with righteousness (Thomas Hong-Soon Han). The MNCs further justify their positions by claiming that the global marketplace has become very competitive and they need to improve their economies of scale to maximize their profits. However, this is a very narrow and inconsiderate stance that has long-term negative repercussions.
Moral universalism grew as a response to the problem of international corporate social irresponsibility, and is a development from ‘moral relativism’ in which MNCs merely adapted to local norms and the LDCs were found to have inadequate provisions to safeguard vulnerable sections of society. It involves “the identification of a particular set of ethical standards that has broad, international support, such as the UN Global ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Assignment: Discussion Questions (7) Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Assignment: Discussion Questions (7) Essay Example | Topics and Well Written Essays - 750 words. Retrieved from
(Assignment: Discussion Questions (7) Essay Example | Topics and Well Written Essays - 750 Words)
Assignment: Discussion Questions (7) Essay Example | Topics and Well Written Essays - 750 Words.
“Assignment: Discussion Questions (7) Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Assignment: Discussion Questions (7)

Just answer 7 questions

...and pressures in the market have lead to such employees turning a blind eye to bad practice and corner cutting in the manufacturing process. 7 The Chinese government responded to the incident with the revocation of a third of export licenses of manufacturers in the region. In addition, Mattel has subsequently reviewed it quality processes and increased to level of testing do on products before items are exported for sale. Bibliography Jiangyong, L, Zhigand, T, Linhui, Y. 2011. Mattel’s strategy after its recall of the products made in China. Asia Case Research Centre. University of Hong Kong. Slack, N, Chambers, S, Johnston, R, Betts, A. 2009. Operations and process management. 2nd ed. Harlow: Prentice...
1 Pages(250 words)Assignment

Dicussion questions Modular 7

...Law Number: Module 7 DQ That many complexities characterize healthcare services provision is exemplified by the complex task of determining patients’ mental competence. The complexity of the matter is underpinned by fundamental ethical issues such as the best interest of the patient and his or her autonomy. The patient’s best interests are epitomized by the need to treat him or her or succor his or her life through medical intervention, on one hand. On the other hand, the need to maintain the patient’s autonomy means that his or her right of self-determination must be respected. Because of this, several measures have been set to balance these somewhat conflicting values. When the patient’s mental competence is in...
2 Pages(500 words)Assignment

Discussion questions

...Law Number: Module 8 DQ 2 Since in this case it has already been d that the patient has already acquired a full-blown Alzheimer’s disease (AD), it will be unnecessary to diagnose it. However, there is still a need to run a battery of tests on the woman so as to establish whether or not the symptomatic conditions that have been mentioned (dehydration, dyspnea, possible kidney failure, serious weight loss and the multiple bruises on her body) are related to Alzheimer’s diseases, as mentioned by the caregiver. The need to carry out independent diagnosis is underpinned by the fact that during the advanced stage AD patients may develop physiological complications as body systems begin to fail thereby paving the way for health... Number: Module...
2 Pages(500 words)Assignment

Week 7 Discussion Questions

...Multiple Markets Sharp Company’s electronic product, Multifunctional Printer Series MX 2600N is examined in two different markets for discussion purpose. These are the American and the Indian markets for Sharp product, Multifunctional Printer Series MX-2600N. The US market, as per the website, provides an overview of the product, focusing on the product’s workflow efficiency as well as its extra-ordinary image quality as the leading features of the product, MFP, MX-2600N. The Indian website of the Company also provides product information but in a colorful way, offering selected HTML keywords, which include: “Multifunction Printers/ Copier | Color Enabled Enterprise Solutions | SharpdeskTM | Sharp Open System...
2 Pages(500 words)Assignment

Week 7 discussion

..., to a level of profitability. However, these goals of the company were not supported by the development of an innovative product that will ensure this the growth and profitability of the organization. On this note, the company should initiate a specific target in relation to the objectives of the company, which are more direct and precise. For instance, the company should outline that it intends to reach a specific percentage of profitability. This will ensure the development of an innovation that will ensure the target profitability is met. The innovative product must satisfy the question on how the innovative product satisfies the overall plan of the organization, and its objectives (Porter, 2008). To ensure that the...
4 Pages(1000 words)Assignment

Discussion questions

...Discussion Yes, virgin group should diversify its operations in order to capture the opportunities brought by technology and shift in business trends, in addition, they have also diversified their operations to spread and mitigate the risks that are bought by the unstable global economy (Furrer, 2010). These diversifications should be mainly in terms of increasing the range of products and services that it offers or expanding their operations to different regions in the world. Other areas that the organization should target is the fashion industry whose major clients are the youth, therefore it will be making itself a one stop shopping organization for most of the youthful products. In order to stabilize its revenue, the...
1 Pages(250 words)Assignment

Discussion Questions

...Business: Marketing Marketing is an aspect of management which is responsible for research and satisfaction of human needs,through the development of services and products, pricing, planning, advertising, distribution and promotion. Marketing is also tasked with development and management of continuing relationships with competitors, customers, partners, shareholders and suppliers. Apart from studying marketing as a career, there are numerous other reasons for studying marketing, which are discussed as follows; to the business owner, marketing is taken to be the soul and heart of any business. This is the reason why you find that almost every business has to utilize the services of marketing professionals in one way or another... Marketing...
2 Pages(500 words)Assignment

Discussion Questions

...Discussion Questions Question Push and pull are promotional strategies used in describing how products and servicesmove through channel allies to the consumer, showing the movement between two subjects (Schultz, 2002). Push marketing is a promotional tactic in which businesses take their products to the customers. The strategy places the company’s product in front of the consumer making sure they are aware of it. A push strategy may be applied in different situations such as in the production and distribution decisions, which are based on continuing forecasts. It can be applied to that bit of the supply sequence where demand uncertainty is relatively small. It is also applicable to companies that have bulky and variable production... driven....
2 Pages(500 words)Assignment

Stages in Adulthood Development

...Stages in Adulthood Development Adulthood is an important stage of human development that signifies the beginning of independence and assumption of certain responsibilities in some societies. However, entities and qualifications to adulthood tend to vary across societies. Contrary to the common belief among many people, that human development process is easy to understand and openly evident, psychological studies and researches depict the process as complex. The most controversial and confusing aspect of human development is adulthood. According to Kail and Cavanaugh (2013), adulthood stage of human development has proved confusing considering differences in cultures and factors that define adulthood across different societies... in Adulthood ...
1 Pages(250 words)Article

Lesson 7 discussion & Assignment

... number 02 April Discussion and assignment Lesson 7: Discussion. In my opinion, Devendra Banhart, Willy Mason andBeth Orton can be considered, to certain extent, as modern-day counterparts of Bob Dylan and Joan Baez. Just like legendary folk villains like Dylan and Baez, these three express themselves within the folk music genre, although none of them identify their own music with folk. Devendra Banharts music is often categorized with critics within the framework of a brand new subgenre, which is New Weird America. Willy Mason extends his creative efforts in blues and country as well, while Beth Orton experiments within a folktronica subgenre mixing folk with brooding electronic rhythms. Devendra Banharts song touch upon his own... ) ...
2 Pages(500 words)Assignment
sponsored ads
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.

Let us find you another Essay on topic Assignment: Discussion Questions (7) for FREE!

Contact Us