Multinational Corporations
Ethical Dilemmas for Multinational Enterprise: A Philosophical Overview
Part One: Review Question #1
Multinational Corporations have always been and are currently now under harsh criticism. They are mainly condemned for exploiting resources and workers of third world countries, taking jobs away from the US industry, and destroying local cultures. Although there are negatives of multinational corporations, there are also positives. Business done overseas provides jobs for the people of the host country, improving the standard of living, and transfers technology. Richard T. De George explains moral standards, in five basic theses, that multinational corporations must adhere to in order to maintain corporate ethics.
De George argues in his first thesis that using US standards as moral standards is not right and creates false dilemmas for MNCs. Critics of MNCs argue American corporations should adhere to the same living, social, and business standards of the US,......
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Approximate Word Count: 1146
Approximate Pages: 5 (250 words per double-spaced page)
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