You are a vice president of a multinational corporation headquartered in North A
ID: 388783 • Letter: Y
Question
You are a vice president of a multinational corporation headquartered in North America. You are asked to visit Latin America to meet with government officials to consider a location for a new factory. On your arrival, you are met at the airport by one of your hosts, who spends some time that day taking you on a tour of the city and getting acquainted. That evening you are invited to his home for dinner with government representatives. After dinner, one of the guests who works for a key government ministry asks what you think of your company’s role in his country as an employer, taxpayer, and corporate good citizen. He makes it clear that his country is no longer a “puppet” of the North Americans. He asks you to show him that you understand his concerns and to show him that your company will be respectful of his country’s culture, environment, natural resources, and local laws. How do you respond?
Explanation / Answer
Response to the guest who asked the question:
Our company believes in working in collaboration with ethical values and ways of doing the business. We understand the importance of working in collaboration with international countries and clearly value their respective culture and environment.
If our company works with Latin American, we will turn out to be a corporation following ethical laws, rules, following government regulations, being good taxpayers and a good corporate citizen. Moreover, our company understands the importance of sustaining natural resources for future and not exploiting the resources unnecessarily.
We hope to work with the country, by setting up our factory, being a part of the country and respecting its culture, the environment by following the laws framed out by the government and not exploiting the country's natural resources.
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