Tuesday, April 30, 2019

Exploitation of Oversees Labor by Multinational Companies Research Paper

Exploitation of Oversees Labor by Multinational Companies - Research Paper ExampleIt is therefore non appropriate to say that the companies move to undeveloped countries to exploit their cheap beat back as the country to a fault benefit largely from new employment opportunities created and revenues that help the countries to develop (Drusilla K. Brown, Alan V. Deardorff, &Robert M. Stern, 2002) Nevertheless, businesses are bided by a mark of ethics which are moral values that determine how individual, group organization and business transact their businesses. These kindle be applied to all form of businesses as they are frequent and business must hound them in order to respect human dignity during transaction. Business being unethical means that it operates against the universal code of ethics which sustain it from immoral ways of gaining profits through exploiting human recourses. With the main documental of the business being making profits, it must ensure that it contribut es and respect human dignity scorn their states of motivating (Flanagan & Robert 2006, p.118). Labor in US has become so expensive for many companies to operate at a profit. As a result, many companies have moved its operations to other countries to countries where there are juicy levels of unemployment. Their move can be looked in two dimensions. One is that the companies are doing favor to the local corporation through providing them with labor. But, on the other hand it can be perceived as exploiting cheap labor. flashy labor can be perceived to be labor which can be obtained at a low cost and is worth of no respect (Drusilla K. Brown, Alan V. Deardorff, &Robert M. Stern, 2002) One of such companies that exploit cheap labor overseas through opening up of production branches in developing countries is IBM. This is a company that principally deals with software development which is an expensive sector when it is operated in unite States. This has forced the company to open it s branches in India as the level of running such a business is low. Due to high population the governing has found it hard to be able to support the high population making majority of them to proceed below the poverty level. Some of the skilled personnel who have the same qualifications as those in United States are unemployed therefore when such an opportunity arises they are ready to offer their labor despite being paid lowly. Despite the undeveloped countries having many employment challenges that hinder them from putting up laws and regulations that would prevent United States companies from exploiting overseas labor, the companies should not use this as an opportunity to make enormous profits on behalf of the poor citizens. This is because the company will be increasing the poverty levels in the country as after(prenominal) exploiting the resources, the money obtained is then transferred back to United States. Instead the company should participate in corporate cordial resp onsibility through involving itself with maters that would improve the welfare of that country or the society. Mainly, the companies that are involved in utilise overseas labor are those whose operations cannot be easily mechanized therefore need a lot of labor to run its processes. Clothing industry is one of those sectors that have established their companies overseas. This has enabled the company to be able to utilize both the available cheap labor and raw materials. With the advanced technology imputable to globalization, management of these branches have been

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.