“You are a $tockholder (and/or perhaps, a manager) in a large U.S. multinational company (MNC) that...

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Finance

“You are a $tockholder (and/or perhaps, a manager)in a large U.S. multinational company (MNC) that manufactures toysin several different countries in Southeast Asia, and sells thesetoys both here in America, and in many other countries around theworld.

Is it acceptable for your company to lower itsethical standards (perhaps those commonly followed in the U.S.) tocompete internationally?

International ethical issues commonly confronted bya MNC might include:

[1] foreign countries with liberal child laborlaws

[2] foreign countries with liberal environmentalstandards

[3] foreign countries with lower product qualitystandards

[4] foreign countries with lower worker safetyrequirements

[5] foreign countries where bribery and other formsof corruption are commonplace

Answer & Explanation Solved by verified expert
4.2 Ratings (876 Votes)
No it will not be acceptable for my company to lower its ethical standards in order to compete internationally This is because our companys values and morals guide the actions of the company and the decision to behave ethically at the prime level is a moral decision The right course of action would    See Answer
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Transcribed Image Text

“You are a $tockholder (and/or perhaps, a manager)in a large U.S. multinational company (MNC) that manufactures toysin several different countries in Southeast Asia, and sells thesetoys both here in America, and in many other countries around theworld.Is it acceptable for your company to lower itsethical standards (perhaps those commonly followed in the U.S.) tocompete internationally?International ethical issues commonly confronted bya MNC might include:[1] foreign countries with liberal child laborlaws[2] foreign countries with liberal environmentalstandards[3] foreign countries with lower product qualitystandards[4] foreign countries with lower worker safetyrequirements[5] foreign countries where bribery and other formsof corruption are commonplace

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