Business Ethics: MNCs, Human Rights, and Bangladesh Context

This assignment delves into the ethical responsibilities of Multinational Corporations (MNCs) concerning human rights and social responsibility, particularly in the context of Bangladesh. It explores the role of MNCs in addressing human rights violations and proposes strategies to enhance ethical guidelines for managers. The assignment examines the importance of social responsibility, ethics, and sustainability, and their interdependence. It analyzes lessons learned from the Bangladesh disaster, emphasizes the significance of monitoring supplier behavior, and defines the social responsibilities of MNCs, including their role in reflecting cultural values and promoting environmental protection. The assignment also differentiates between international and domestic social responsibility, discusses variations of CSR, and examines how share value relates to CSR, using Nestle as an example. It stresses the importance of ethical practices and CSR in China, outlines international codes of conduct, and assesses the impact of technology on ethics. The assignment further addresses decision-making processes, the management of interdependence for subsidiaries, and the potential benefits and risks of MNC operations in host countries, including environmental sustainability and corporate sustainability. The solution references works by Seow (2016) and Rondinelli (2013).

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Ethics and Bangladesh
Name
Date

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What do you think should be the role of MNCs toward human rights issues in other countries?
What ideas do you have with this issue? Or, if you do not think it is an issue, explain your
perspective. Please give specific examples.
MNCs role is to unite with others to oppose violation of human rights and how legitimate
polies can benefit the sovereign states. For me it’s an issue. The idea I have for these issues is to
enhance the multinational guiding managers in those difficult areas (Seow, 2016).
In addition, why do we need to be concerned about social responsibility, Ethics, Sustainability?
How do we relate these issues to “interdependence”?
This is to empower the employees so as to leverage corporate resources at their disposal
so as to do well. This is related to interdependence as the strategy can boost the morale of the
employees leading to grater productivity.
What should we learn from the Bangladesh Disaster?
The lessons are that everyone should be ready for anything thus one should find ways to
protect themselves from getting harmed.
Should a company be mindful about its suppliers’ actions and behaviors regarding social
responsibilities and why?
The company should be mindful on behaviors of their suppliers (Seow, 2016). This is because if
they fail to the suppliers may start failing them thus the company may start undergoing some
losses.
What is the social responsibility of MNCs?

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Social responsibility of MNC is to reflect traditions and cultural values which are taken
from different societies. Also they enhance environmental protection and uplifting the altitudes
of the business leaders and official of the government.
Will international social responsibility be the same as domestic social responsibility? If not,
what are the complications?
The social international responsibility cannot be the same as domestic responsibility because I
international they deal with many stakeholders while in domestic are less (Seow, 2016).
Complications that exist is that, most of the employees that work internationally are the same
who work at domestic levels.
What are the variations of CSRs?
The variations for the CSR that some of the time employees contribute to plan of
retirement than others who pay more attention to social security.
How does share value relate to CSR? What is the share value for Nestle?
The relationship is that share value it increases when CSR implements its firms (Seow, 2016).
Share value for the Nestle is when the company takes action systematically to produce business
value.
Why do we need to pay attention to CSR and Human Rights when doing business in China?
What may be the consequences if we don’t?
While working with china, one should pay more attention to human rights and CSR. If
not, the Chinese may end up violating them hence left behind blaming no one.

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What are International Codes of Conduct and the examples of International Codes of Conduct
for MNEs?
International codes of conduct are rules set outlining religious rules, socials norms and
responsibly of an individual (Rondinelli, 2013). Examples include being considerate, be
respectful, choosing words carefully, do not harass and making differences to be strengths.
How does uses of technologies impact ethics? What are the elements of framework for us to
approach cross-cultural social ethics?
Ethics in technology ensures that computer technology is not used in way that it can harm
the society. When elements for social ethics when used by the employees directly, they can be
used to form better organization.
If Bribery is the only way to get jobs done in a foreign country, should one bribe and why?
No one is supposed to pay bribe. This is because it is termed as a way of violating the law
and the cost of corruption is much high thus dragging the companies behind.
How do we make the right decisions and what are the general guidelines for a company to make
the proper ethical decisions?
For the company to make right decisions, it should sustain trust, fairness, responsible,
caring and also consistent with the good citizenship.
How do we manage interdependence for both foreign subsidiaries in US and for US Companies
in Host Country?
To manage the subsidiaries, theory of the companies serve in the basis of model prediction thus
monitoring all mechanisms for incentive compensation (Rondinelli, 2013). Secondly, the

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hypothesis which are set are argued thus linking the interdependence international to many social
mechanisms.
What are the potential benefit cost host countries of MNC operations there?
The benefits of MNC operations include significant source of tax revenues and transfer of
expertise and skills that help in developing quality of host force labor.
What are the potential risks and examples for MNCs?
Some of risks include MNC earned profits sometimes may be remitted to base country rather
than the host economy (Rondinelli, 2013). Also, tax avoidance measures like transfer pricing
may reduce the profits by paying tax to host country government.
How does Environment sand sustainability relate to ethics and social responsibility? How
should we approach corporate sustainability?
Social responsibility is the ethical theory where the persons are accountable for fulfilling
civic duty. We should approach the long term value by developing a positive and forward
thinking towards the growth of the company.

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References
Rondinelli, D. T. L., 2013. How corporations and environmental groups cooperate: Assessing
cross sector alliances and collaborations. 3nd ed. USA: Academy of Maanagement
Perspectives.
Seow, C. H. S. J., 2016. Stakeholder engagement, social auditing and corporate sustainability..
1st ed. Australia: Business process management journal.