Question: 2-2 through 2-5 please! is for CSR my chain. Such colla dard in host countries and to level the within these industries, becaus them since

2-2 through 2-5 please! is for CSR my chain. Such2-2 through 2-5 please!

is for CSR my chain. Such colla dard in host countries and to level the within these industries, becaus them since it started there new sales manager for the ised to supply him with a him a 3 percent commis The area manager accep ing bids and secured the . about MNC social responsibility revolve around sures of human rights in other countries. Many organiza- tion develop codes of conduct that specifically deal with human rights in their operations around the world. 4 International business ethics refers to the conduct of managers in their relationships to all individuals and enti- ties with whom they come into contact. Ethical behavior is judged and based largely on the cultural value system and the generally accepted ways of doing business in cach country or society. Managers must decide whether to base their ethical standards on those of the host coun- try or those of the home country and whether these differ- ent standards can be reconciled. 5. MNCs must balance their responsibility to various stake- holders, such as owners, creditors, consumers, employees, ford with host countries 8. The failure to effectively manay result in constraints on strategy, in the least, or in disas. trous consequences for the local area, the subsidiary, and 9. Managing environmental interdependence includes the the global reputation of the company. need to consider ecological interdependence as well as the economic and social implications of MNC activities. 10. Implementation of sustainability strategies requires the company to have both formal and informal systems to support the goals. Essential to success is the commitment of top leadership and the recognition of sustainability as a process that will benefit the company--that it is a good business idea. Internet Resou Visit the Deresky C for this chapter's In Discussion Questions 1. Discuss the concept of CSR. What role does it play in the relation- between a company and its host country? 2. Discuss the criticisms that have been leveled against MNCs in the past regarding their activities in less developed countries. What counterarguments are there to those criticisms? 3. What does moral universalism mean? Discuss your perspective on this concept. Do you think the goal of moral universalism is pos- sible? Is it advisable? 4. What do you think should be the role of MNCs toward human rights issues in other countries? What are the major human rights concerns at this time? What ideas do you have for dealing with these problems? What is the role of corporate codes of conduct in dealing with these concerns? 5. What is meant by international business ethics? Should the local culture affect ethical practices? What are the implications of local norms for ethical decisions by MNC managers

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