In: Economics
Identify the ethical and social responsibilities of business operations of multinational firms working in a global market. In your discussion, address specifically the following issues:
1- Argue conceptually when multinational firms can be liable for violating human rights in their foreign business operations. Please provide examples.
2- Explain specifically why firms’ should be held liable when targeting developing countries for low wage employees. To support your arguments discuss both the experience of Nike and Reebok in Asia and Nestlé’s cocoa planation in West Africa.
3- Provide recommendations to future global managers why practicing ethical business practice is vital for business sustainability. Justify your recommendations.