The owners forced them to live in isolated communities near workshops and forced them to buy goods with high interests. The cities were poorly constructed and crowded with people and residents. The work was also dangerous with not much supervising by the government.Workers, on the other hand, had little or even no bargaining power to leave the unsafe conditions. Nowadays, When Americans only pay attention when extreme work strike, levels of abuse are the norm hidden in the factories around the globe. Although the condition seems much improved, consumers don’t know the true fact- “Today, American citizens simply cannot know the working conditions of the factories that make the products they buy.
Their need for employment inhibits them from realizing the deteriorating state of their health and safety. These practices are inexcusable considering the Universal Declaration of Human Rights was established in 1948. It is nearly one hundred years later, and humans are still being subjected to harsh and inhumane conditions. This issue needs to be addressed in terms of sweatshops in especially underdeveloped countries; they lack the political organization and stability needed to abolish this issue on their own. Developed countries have recognized the lack of ethics concerning sweatshops; moreover, most have instituted legislation that bans sweatshop labor.
China is mainly concerned about cheap materials and income. But the employees working in these battery constructing factories are also working in poor conditions so the employees are the part of the company that would be concerned about the conditions that miners are working in. Although the employees of the battery making companies in China likely would not act against the unethical mining of Cobalt out of fear of losing their job, they should still be made aware of where the materials they’re working with are coming from and how they’re being obtained.Although the citizens of China struggle like the people in the DRC to provide income for their family (which leads to them accepting the bad work conditions they’re given), they should still be fully aware of how the company gets their materials. Workplaces should be completely transparent with their employees when it comes to company
Ethical standards differ for every country. Ethical standards of one country may not ne entertained in another country due to the values and beliefs of that country are different from other countries. While handling business, a person does not take ethical values of its country seriously but doing business internationally these conducts become mandatory. The ethical analysis and resolution of ethical dilemmas in the workplace depend on the values, virtues, personal character, and spirituality of managers and other employees. This made executives of the company to protect their employees from threat of violence and started paying their salaries.
Workers are afraid to talk about their experience in the factories, some of them died in there because of the work conditions or even by an accident. In developing countries will be against the law, but some stores have a business to do with Sweatshops. Next time you go shopping put more attention to your garment label and the price of it and also think that not just your hands, but hands of foreign women ;who sacrifice their lives for 2 dollars had touched the clothing you are
Because less developed countries can't benefit from the level of the fields that globalization provides, as they are not provided with secure growth due to free trading as they struggle to compete with the companies of developed countries leading to leaving less developed countries behind. "Also, multinational companies extract their goods without returning much and al so they have strong bargaining power against local governments ." (Globalization Pros and Cons List ) so they don't pay much
Giddens observes, “Consequences of modernity are becoming more radicalized and universalized than before” (Giddens 1990: 3). He implies that globalization is now radicalized and universalized congruently but there are also plenty of instances when these forces are observed to collide against each other. Kaldor rightly says that “The term globalization conceals a complex process which actually involves globalization and localization, integration and fragmentation, homogenization and differentiation” (Kaldor 2001: 71). The Convergence Theory and also the Global Chaos Theory highlight this dichotomy. Convergence Theory asserts that with globalization, distinct systems will become more alike, whilst Global Chaos Theory is saying that globalization imposes a sort of convergence of values, even an imposition of western values, which the ‘rest’ of the world retaliates against
Going global is now one of the key growth strategies when domestic market reaches at maturity stage or facing stiff competition. However International Marketing is a serious issue for most growing companies in today's interconnected global economy. Whether to enter in to Global market or not, where to and how to, are the major questions for marketers willing to expand into global markets. Literature Review : In the classical theory of economics exports was a part of the international trade theory, Traditional trade theory was well settled and accepted. However the implications of traditional trade theory were found to be at odds with data.
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