Explain how multinational companies ensure that human rights are protected in the countries where they do business.
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Explain how multinational companies ensure that human rights are protected in the countries where they do business.
Explain how managers should address ethical differences that arise between countries.
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Explain how managers should address ethical differences that arise between countries.
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- In order to develop a collaborative and cooperative relationship between countries, Mor Barak (2014) believes there must be a “respectful cultural relationship” between individuals in other countries. Discuss the policies and practices that a multinational organization can propose/develop to help create a “respectful cultural relationship” between its home country and its host countries. Additionally, expand upon the challenges of understanding and operating in cultures that are drastically different than one’s home country.(a) Discuss two types of political risks which can impact firms and provide two ways companies can try to manage the identified risks. (b) Discuss two types of laws affecting global business and ensure that you share your own perspectives on the identified laws.What types of problems may a multinational corporation face? What inconsistencies may multinational corporations face as a result of differences in cultures and values?
- Among the actors in global governance, who do you think will make a great impact in globalization? Why?2. From an ethical point of view, De George recommends that companies multinationals operating in developing countries Select one or more than one: a. pay fair contributions b. be virtuous c. Respect the local culture, unless it violates ethical principles d. Pay wages equal to those prevailing in their own country e. Respect the rights of all parties f. "When in Rome, act like the Romans." g. apply libertarianismWhat is the responsibility of a foreign multinational when operating in a country where basic human rights are not respected?
- is North Pole Toys Inc., a multinational enterprise? Explain your answer.Explain in your own words the concept of corporate social responsibility and how it can support the international management of the company. Describe how the values or pillars of multinational companies reflect social responsibility, ethics and sustainability.What strategies should the company follow to enter the Lebanese market and gain the governmental contract?