Write about the topic relating to either legal and/or ethical aspects of doing business globally. An arena for strong requirement of ethics would be when multinationals bargain to take advantage of international differences; For example when rich nations outsource their services to poor and developing nations at cheaper cost. Western nations were up till recently outsourcing many of services to third world nations where they could hire manpower for the cheapest prices. This led to a severe competition between developing nations with each one offering cheaper labour than the other.

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Introduction The term ethics has not been associated with the word business because of their selfish nature it has always been understood that businesses seek only economic benefit that meets the need... View the full answer