only 2-1 2-6 and 2-8. thanks tional M X 2-1. Discuss the concept of CSR. What ro
ID: 385550 • Letter: O
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only 2-1 2-6 and 2-8. thanks
tional M X 2-1. Discuss the concept of CSR. What role does it play in the relationship between a company and its host country? How does CSv move beyond CSR? 2-2. Discuss the criticisms that have been leveled against MNCs in the past regarding their activities in less-developed countries. What counterarguments are there to those criticisms? 2-3. What does moral universalism mean? Discuss your perspective on this concept. Do you think the goal of moral universalism is possible? Is it advisable? 2-4. What do you think should be the role of MNCs toward human rights issues in other countries? What are the major human rights concerns at this time? What ideas do you have for dealing with these problems? What is the role of corporate codes of conduct in dealing with these concerns? 2-5. What is meant by international business ethics? Should the local culture affect ethical practices? What are the implications of local norms for ethical decisions by MNC managers? 2-6. As a manager in a foreign subsidiary, how can you reconcile local expectations of questionable payments with the Foreign Corrupt 12:2Explanation / Answer
2.1. CSR which is known as corporate social responsibility is a belief that the welfare of the various stakeholders affected by those activities should be taken into consideration. The role that CSR play in the relationship between a company and its host countary involves international social responsibility. International social responsibility is the expectation that MNC concern themselves with the social economic effects of their decision regarding activities in other coutaries. the stance on international social responsibility consist of , assuming some responsibility for economic development in a subsidiary host countary to taking an active role identifying and solving world problems. Their stance is to determine how harmonious and productive its relationship will be with host countries.
2-6. The foreign corrupt practice act was created to help Americans distinguish between harmless practices and actual bribery, between genuine relationships, and those used as a cover up. This act prohibits U.S companies from making illegal payment , other gifts, or political contribution to foreign goverment officials for the purpose of influencing them in business transactions. My stance on payoffs is that many business will take part in bribery to enhance their company and climb to the top instead of doing it in a correct and professional manner. By having the foreign corrupt practice act in action it sets guidelines for companies to go by to avoid bribery.
2-8. Information technology has increased the ability of firms to engage people throughout the world. while most of this engagement is seen positive, such as increasing consumer choice, some has been seen by some as negative. of significant concern to the united states and western europe is the issue off-shoring of jobs. The development of an information technology superhighway has allowed firms to contract out work previously done at home to foreign workers. Many job have been off-shored to india, to philipines and to eastern europe. students can be encouraged to discuss the ethical issues involved in this off -process.
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