Essay on Multinational Companies

inequality. Some of the major companies have been accused of taking advantage of the “cheap” labor and allowing deplorable conditions to continue in their foreign based companies. Perhaps, but as a business one has to be ingenious in how it conducts itself to be competitive in the market. That’s not to say, one turns a blind eye to the inhuman conditions of the workers. There needs to be a realization that these conditions already existed before a multinational company established itself in the third

here is incredibly important to point out, that not only do Nike’s products “bring inspiration and innovation” to a select few, and not the people who make them, but the factories in which they are made do not meet the standards put in place by the company. Further discussing Nike’s mission statement, which states, “If you have a body, you are an athlete,” the very people that endure such hardship of making Nike products cannot to even protect their bodies from toxic chemicals and respiratory problems

biggest obstacle of the developing countries’ economy is the transnational corporations. The process of globalization granted these multinational companies free access to the international local markets all over the world. Their business practices outsource labour markets of these underdeveloped countries. As more and more of these poor nations’ citizens turn to these companies for employment,

insurance companies will solve the current state of healthcare in our country in order to force them into believing that they have the public’s best interest at heart. These corporations also take advantage of their power by creating products, aimed at the middle class, which will be cheap enough and last only long enough for their intended consumer to purchase again and again. They know that the rich will be willing to pay more for better products that will last longer. Insurance companies are not

challenges that they have to address. Nowadays, majority of fashion companies are relocating clothing manufacturing in countries such as China, Taiwan, India or some other cheaper cost manufacturing nations; even the biggest designer companies who normally take

The essential part of Carroll’s definition of CSR is that a company has four primary responsibilities: to be profitable, observe the law, be ethical, and conduct discretionary activities. Drawing on those four responsibilities Carroll (1991) created a four-level pyramid of CSR and stated that the CSR policy of a company must include all of them. Carroll placed the economic responsibilities at the base of the pyramid, since for a company to operate successfully, it must have a financial return.

Globalization refers to the development of a particular product, to make possible international influence. This can be reflected in either a positive, or negative way. For years there has been ongoing debates on whether Globalization is a good or bad thing. However, in the international trade what we can be sure of is that Globalization is still happening and will remain in the North-South divide until the end of time. The main reason is because Globalization has brought in positive impact and it

world (27 million), child soldiers and prostitutes! It is responsible for millions of deaths. The FreeLegalDictionary.com states that a TNCs is "Any corporation that is registered and operates in more than one country at a time; also called a multinational corporation." A transnational corporation is a corporation that has its headquarters in one country and operates wholly or partially owned secondary offices/stores in one or more other countries. These 'subsidiaries ' report to the central headquarters

ZARA-Internationalization Analysis When it comes to internationalization strategies, ZARA is the perfect case to look at. By putting in practice a set of different strategies, ZARA has accomplished great positioning worldwide and is one of the most recognized brands in the apparel market. Listed below are the main internationalization strategies ZARA has used to become one of the leading clothing brands in the world. Operating Filial When ZARA first started opening stores outside of Spain

Globalization and sustainable prosperity “To what extent does globalization contribute to sustainable prosperity for all people?” Globalization’s impact on sustainable prosperity is examined in the source. It does this by asking a question. Also examined is the impact on all people and this would include both developing nations as well as developed nations. The source is also somewhat leading the reader to question the extent of the impact, which implies that there is a positive impact on sustainable