1. What ethical challenges face managers of multinational corporations (MNCs)? There are a few ethical challenges that face managers of MNCs. One ethical challenge that faces manager of MNCs is difference in pay between employees in the host and home country. A manager of MNC will hire an expatriate employee from his home country and pay them relatively higher then someone from their host country, even though they are doing the job. Another ethical challenge that MNC will try to influence the government of that country to its favor, which I feel is ethically wrong. Another ethical challenge is when managers of MNCs operate in a foreign country where bribery and gift giving are a social norm for expeditious business dealings and favorable business
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Explain the distinction between human rights and legal rights. According to Arnold, human rights (and respect for persons) entail that MNCs have several minimal moral duties in their global operations. What are they? Is he correct?
Human rights are right that are inherent to us all regardless of race, sex, nationality, etc, while legal right are those right that we are give based on the legal system that we find ourselves under. Human right is not contingent on any institution. According to Arnold, minimal moral duties that MNCs should entail in their global operation are: the right to physical security and freedom of movement, the right to nondiscrimination in the basis of arbitrary characteristics such as race, sex, religion, etc, the right to freedom of association and collective bargaining, the right to subsistence, and the right to develop basic human capabilities. I feel he is right because once employees are afforded all these moral duties, it allows them to reach their full …show more content…
I say this because when person A and B agreed to partake in an exchange, they weigh the pros and cons of the transaction before partaking in it. You as an individual is not obligated to partake in and exchange against you will, that’s why it’s mutual. Yes, they have a duty not to exploit sweatshop works. It is unethical to be unfair or exploitive to your workers. Why pay someone a salary based on what their condition is. I feel that multination corporation should have a fixed pay rate across every country they operate in. This will help to open up the market. Why pay someone lower wage only because they are not working in certain
Explain the distinction between human rights and legal rights. According to Arnold, human rights (and respect for persons) entail that MNCs have several minimal moral duties in their global operations. What are they? Is he correct?
Human rights are right that are inherent to us all regardless of race, sex, nationality, etc, while legal right are those right that we are give based on the legal system that we find ourselves under. Human right is not contingent on any institution. According to Arnold, minimal moral duties that MNCs should entail in their global operation are: the right to physical security and freedom of movement, the right to nondiscrimination in the basis of arbitrary characteristics such as race, sex, religion, etc, the right to freedom of association and collective bargaining, the right to subsistence, and the right to develop basic human capabilities. I feel he is right because once employees are afforded all these moral duties, it allows them to reach their full …show more content…
I say this because when person A and B agreed to partake in an exchange, they weigh the pros and cons of the transaction before partaking in it. You as an individual is not obligated to partake in and exchange against you will, that’s why it’s mutual. Yes, they have a duty not to exploit sweatshop works. It is unethical to be unfair or exploitive to your workers. Why pay someone a salary based on what their condition is. I feel that multination corporation should have a fixed pay rate across every country they operate in. This will help to open up the market. Why pay someone lower wage only because they are not working in certain