As we progress further into the twenty first century

As we progress further into the twenty first century - &...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
As we progress further into the twenty first century, it is becoming increasingly apparent that the concept of a multinational corporation and its effects on all parties involved is receiving much more attention than it used to. The world is moving at a fast pace and the idea of a “global village” is coming clearly into focus. Technology is constantly changing and evolving and it is allowing humans to be easily connected no matter where they are in the world fast faster than ever before. Companies and organizations are taking advantage of this onset of globalization to push the boundaries of what was hardly possible a hundred years ago even. Yet this ability of companies to easily establish themselves in countries other than their own is now causing people to ask questions about the ethics related to multinational corporations (MNCs). To give some perspective on MNCs, I will use the United Nations definition of them as “all enterprises which control assets – factories, mines, sales offices and the like – in two or more countries” (Kusluvan
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: & Karamustafa, 2001). Corporate social responsibility (CSR) is now more than ever taking on an international importance but not everyone is so sure all MNCs are doing enough to live up to these standards. According to philosopher Tom Donaldson, a company can either take a minimalist approach to CSR by essentially doing as they please as long as the obey the law; or else they can take a maximalist approach by going above and beyond what is expected by the law and really trying to aid those around them (DesJardins, 2010). How far an MNC goes in either direction can either benefit the host country or harm it. Throughout this essay, I intend to further investigate the consequences (positive and negative) that multinational corporation have on the locations they do business and from there I will follow up by outlining certain policies that exist or could be adopted to respond to these issues....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern