Ethics

The following essay looks at child labor as one of the common estimable dilemma that an international art or an MNC faces when outsourcing their trading operations in an early(a) country (mostly a developing country). It then goes on to look at the practice session of child labor from two honorable frameworks or views Consequentialist conjecture and the Deontologist theory. The essay ends with the criticisms faced by these two theories and the difference in the approaches followed by the managers/MNC owners while resolving the child labor issue. A multinational corporation (MNC) can be defined as corporations that own or control production or operate facilities outside the country in which they are ground. (United Nations, 1973, pg 23) In other words any organization that has set up its operations in more than one country with its headquarters based in the country of the origin of that organization. More and more companies these days are choosing to go global i.e. internationalize in scoreing to cut down their be. MNCs generally base their finish of locating to an international location on the production costs like low labor costs or shoddy raw material costs. With this change magnitude in number of MNCs there are many ethical issues that they face which increases with the increase in the number of international locations.

The ethical issues faced by MNCs can be blamed on the different shade of the new country. A US company choosing to locate its operations in India is bound to face a swarm of heathen disputes, the way business works in the companys home country will be a lot different than in the host country which gives rise to the ethical problems companys face. One of the very common ethical dilemmas that MNCs can face when locating in India is child labor. barbarian labor is the employment of children by organization and factories. The practice is considered as exploitation of children by many international businesses and is banned in most countries. India is an attractive... If you want to get a full essay, order it on our website: Ordercustompaper.com

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