Transnational companies often do not take ethical and social considerations when manipulating and influencing the governments of the countries in which they have operations in, often leading these governments to make decisions that are not in the best interest of the people of those countries and thus undermining democracy in those countries. Since they are only pursuing their self-interest and nothing more, what is needed is an outside force that has the capacity and authority to limit the actions of these corporations in those nations. These nations are either too corrupted or have too little bargaining power due to the benefits of TNCs in terms of employment, GDP contributions and exports and there relatively weak economies. I would recommend
He believes that the government should control all the businesses because in order for the real growth to happen it needs to be guided or shaped by politics rather than rely on unlimited resources. He thought “Irresistible energy and efficiency of harmony and cooperation” could help the society move forward and create benefits for the work force, but the government will still regulate and guide them to public interest (Clements 9). Even though there could still be some people who still try to take advantage for their own personal gain. Capitalists try to maximize as much of their profit without taking into account the
Corporations ensure journalists who inquire too deeply into politics and raise questions about business position in society will not see their stories to the masses and that journalist’s job is to keep corporation happy but reporting issues that are irrelevant. Third, business power undermines the development of aspect of democracy. Fourth, “business power is a threat to democracy because of a new divergence between the economic interests of business
Everyone want to be wealthy and or at the top, but, some are willing to risk it all, in hopes of gaining it all. Instead of participating in unethical strategies, companies should be backed by government, and employees should be backed by companies to uphold high ethical standards. It is much better to see one person at the head of a scandal, rather than a whole corporation. In the case of Sears Auto Centers, their unfair work practicing and robbery not only affected that sector of Sears, but also their other departments, such as their clothing and appliance departments, as well as their K-Mart stores. For me, this explains why K-Mart and Sears stores have closed its doors since the 1992 uncovering.
This argument has been countered however, some scholars have pointed out that dictators in developing countries argue that these rights aren’t important because of their interests (Tharoor). Regardless, the needy will always prefer their social and economic rights to be protected by the government before political civil rights (ÇAMUR).
Climate change is denied is due to the prioritization of business and the economy. Large corporations create their products with uncostly materials, in order to profit more, and those materials are more-often-than-not non-renewable resources or cause damage to the Earth. These corporations prefer to not be targeted with accusations of the unethical damage they are causing. Therefore, they create propaganda against climate change, they create doubt among their customers. It is considered a business tactic to create news surrounding issues, in order to distract the consumers from whatever controversial issue that is, or could be, affecting their sales.
Verma and Elman (2007) understand that not all governments and companies desire strict labor standards as they can be hindrances to competitiveness. If the labor standards are too extensive, strict, and expensive, buying companies will go somewhere else and the industry in that country will decline. Nonetheless, Verma and Elman (2007) argued that labor standards are beneficial to all because they can boost standards of living and national economic growth (p. 57). To support the design of effective labor standards, they examined the pros and cons of hard and soft models where hard models are legislation-based and soft counterparts are largely voluntary and pressure-based. Findings showed that consensus is vital to the creation of legitimate labor standards (Verma & Elman, 2007).
By the time, people will getting richer, would have more money to care for their families, and then the term homeless will be avoided. It is known that the largest corporations are leaded by some people who also are part of the government, people who play a significant role in the government decision-making, and my recommendation on this would do not allow the same people who work for government to be bosses of the corporations. Also the State should stop them some privileges that they have with other countries, because those are leading to different disagreements between countries. Trying to stop all these points I mentioned would automatically reduce kills that are happening in order to get the position or the mandate of these powerful
There are my weaknesses that I should improve myself to have a better personality and lead employees to work in my future organization. The opportunities, Thailand are the member of AEC countries. It is a good opportunity to stimulate economic in Thailand and politic. The threats, Now, Thailand are controlled by the military not a democratic system, so it may make many foreigners do not want to do businesses in Thailand. The advanced of technologies that change all the
In today’s market scenario, it has become crucial to understand the importance of culture. Doing business abroad without mapping the culture may ultimately defeat the purpose of the organizations. Today’s managers need to be trained on multi culture perspectives, not only to effectively interact with the cross-border customers and suppliers, but also with their own employees, who will now be in increased numbers from different cultures of origin. Culture plays extremely important role in the