To be sure, both great and bad results have resulted from multinational corporation exercise in developing countries. The examples of the actions of American multinational organizations in developing countries, such as individuals of Union Carbide in Bhopal, India, result in a conclusion that, overall, the impact has been negative.
Union Carbide owns production plants and mills in practically 40 various countries (Moskowitz, Katz, and Levering, 1985). The company has managed being a bad corporate citizen in nearly all of these countries. Even The Wall Street Journal, a strong friend of business, described Union Carbide like a giant running amok. Inside the United States, Union Carbide has extended been considered environmental enemy quantity one. In the 1970s, the company refused to even attend a government conference to discuss how very best to clean up the environment. The company has always resisted efforts to clean up its production processes, always threatening to close factories first.
Milton Friedman (1970, p. 97) said that a company should be free to act because it wishes, "so long as it stays within the rules with the game." Friedman, of course, was referring to operations which fall inside framework of marketplace economics principles, as he interprets these principles, and to operations which conform to the legal and ethical standards inside United States, as he thinks these standards ought to exist.
Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!
No comments:
Post a Comment