Multinational Corporation

Multinational Corporation - business enterprise with manufacturing, sales, or service subsidiaries in one or more foreign countries, also known as a transnational or international corporation. These corporations originated early in the 20th century and proliferated after World War II.

Child labor is the use of children in industry or business, that can deprive them from their childhood, keep them away from attending school, and that is mentally, physically, socially or morally dangerous and harmful. This practice have numerous occurrences all through history and is one of the worst forms of child exploitation, particularly, with during the industrial revolution. Over the years it has grown to become one of the many serious social issues around the world. According to statistics provided by UNICEF, there are an estimated 250 million children aged 5 to 14 years employed in child labor worldwide and this figure is continuously increasing. Even with the standardized federal labor laws in effect in 1938 not a lot has changed. Child labor not only causes damage to a child’s physical and mental health but also keep him deprive them from their basic rights to education, childhood, and freedom. Child labor has very bad effects on the society that can result to consequences that can exploit the future generation.

“The main cause for children doing work is poverty,” says Nadira Faulmuller in “This Company is Employing Children”. People should buy products made with child labor. Buying these products will support the many families of the working children, since the reason children are working is poverty. Not buying the products can create more problems for the children working. Even though some say that working children are robbed of their education, individuals should buy products made with the use of child labor because hard labor has the ability to motivate children to get an education.

Multinational company : An organization with multi country affiliates, each of which formulates its own business strategy based on perceived market differences.

Multinational companies operate in more than one country outside of its originating country. Due to the vast sizes of most MNC local communities are developed by the creation of jobs and increasing community wealth. The growth strategy of MNC have positive and negative effects on the host countries economy via the reduction in market and production costs and increasing technology and efficiency. The largest down fall is from the competitor stand point as most MNC will put surrounding store owners out of business. Wal-Mart is currently if not the world largest MNC and throughout this discussion I will critically discuss the cost and benefits likely to have occurred as a result of its takeover of Asda.

“Child Labour; the Effect on Child, Causes, and Remedies to the Revolving Menace,” defines child labor as referring to “children who miss their childhood and are not able to have the basic amenities which a child should have.” There are many different reasons and causes for child labor. For some countries, child labor is considered to be a cultural norm. From the time children are old enough to be taught a skill, they are often trained in that field and put to work in order to help provide for their families. Other times, it is the sheer exploitation of a family’s struggle and desperation that leads these children into the industry.

While they work at their jobs and try to scrape up as much money as they can, there will be not time for them to go to school. One article that agrees with this statement declares, "In addition to exposing children to health and safety risks, child labor deprives children of the chance to go to school" ("Child Labor"). This section of evidence suggests how not only does it agree with the original claim stated, it also shows how children are not even being allowed the chance to go to school. Because they are forced to work their job, some even going from 12 - 16 hours, as stated in the very first section of evidence there is no time to participate in school, as most employers would expect them to use that time to regain their strength for tomorrow. Furthermore, one other article clarifies this stated reason when it declares how because they children are working hard and “mundane” jobs, they have no time to maintain education that should be necessary for children their age. While they would not receive good education, according to the article they would be located in more developing countries than anything, a simple form of education would be better than none (“Pros and Cons of Child Labor"). This piece of evidence shows how despite their education where they live not being good, they still miss the chance to go to it. Regardless of the fact

sometimes a relationship between higher child labor and lower demand for adult employment, the exploitation of children in sweatshops contributes to the macro-conditions which make it feasible for children to choose this type of demeaning employment. As a

Sparks fly off heavy machinery and sweat and grim coat the foreheads of weary children. Child labor is a serious recurring problem in countries such as South Asia. Some find the use of youths in the work field a necessity in order to preserve a roof over their heads, however, these actions can cause continual conflicts in the lives of young individuals. Child labor in South Asia has a massive negative impact on the youths living there because it places many young lives in dangerous working atmospheres, rips time away from earning a proper education, and their tiring work efforts are often rewarded with little to no pay.

Child labor is when children are working long hours instead of playing as children should. There are many different reasons and causes of child labor. In some countries, child labor is considered to be a cultural norm. From the time children are old enough to be taught a skill, they are often trained in that field and put to work in order to help provide for their families. Other times, it is the sheer exploitation of a family’s struggle and desperation that leads these children into the industry. With an approximate total of over 215 million children working in the industry today, child labor has become a significant problem. Although it is most prevalent in third-world and underdeveloped countries, it is perpetuated by the growing demand for manufactured products in countries such as our own. This constant increase in the demand and production of these manufactured products often leads the product’s owners towards significant income or loss, depending on the success of their products. These manufacturing companies in turn pursue the cheapest form of labor available to them in order to conserve more funds. Because child labor is the cheapest form of labor available to these manufacturers, greed and perpetuated cultural norms blinds ethical reasoning, thus the problem persists. As there will likely never cease to be a demand for manufactured products, this cause is not necessarily one that can be solved. As the outsourcing for this constant

Child labor can cause children to have mental, emotional, and spiritual development for the children. In 2012, 44.6 million children of Asia are working at factories at the age of 5-17. At the same year, 11.6 percent of the children from China were in child labor at ages 10-14. Child labor affects the child’s education, which will cause them to be uneducated which will also affect their future. Some of the children in child labor might even die because they do not get enough sleep and does not get full each meal because of dangerous working conditions. Some children wake up early to work but does not stop working until very late at night. Children do not get the pay they deserve even when they are very poor and needs these money for their family. Many children are in child labor because their families are poor and can not afford for them to go to school, which will affect their education and also their future. Most of the children who are in child labor live on the countryside, which is poor. Families in the countryside do not have enough money to pay for health care or might not have enough money to raise a child. Many families in this situation would choose to sell their children to factories or to work as slaves. After the child is sold, the family members will not know how much pain the child is in. If the child did not listen to the owner, the child would get punished, either whipped or be beaten hardly with a shovel. Children who were in child labor lived in a small,

Multinational corporations is an organization that doing business activities and operating in two or more countries. In the next explanation, multinational corporations will be called as MNCs. Home country is where the MNCs is coming from. Host country is a country where the MNCs operates outside the country where it is based.

Globalization is the process of international integration caused by the exchange of products, ideas and other aspects of the culture in a global scale. Scholars still disagree whether the globalization caused the inception of multinational corporations or vice versa. Although globalization is the phenomena which belongs to the modern era, the earliest samples of multinational corporations could be traced back to 17th century Dutch and English India companies. Therefore it is generally believed that multinational corporations are both a cause and a result of the globalization process. The globalization has manifested itself in the interdependence of national economies and financial markets. There are different dimensions for the growth of multinational corporations in globalization era. The economic dimension of the multinational corporation growth can be presented through the numbers; including the fact that approximately 33% of the world trade consists of

The enterprises that operate in numerous countries to produce or provide services outside their original countries can be identified as Multinational Corporations (MNCs), or Transnational Corporations (TNCs). Usually, an MNC can produce at least 25 percent of its world output outside of its country of origin. Recently, a new breed of MNC emerges thanks to Internet based communication tools. They begin their operations in different countries very early on. Because they are small businesses, these companies are being called micro-multinationals to distinguish them from larger MNCs.

The case is analysis on management control system that is implemented in various multinational organization and how MCS helps maintain relationship between the organization and monitor work and improve performance of the entire group. When designing the control system certain thing needs to be considered like organizational structure,