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Essay / Research Paper Abstract
This is a 9 page paper which examines the responsibilities and obligations of multinational coporations to the developing countries of the world.
The bibliography has 10 sources.
Page Count:
9 pages (~225 words per page)
File: D0_JHMncs.rtf
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Unformatted sample text from the term paper:
responsible for the failure of success of sustainable development in developing countries. This sustainable development relates to allowing these developing countries to enjoy continued economic growth without any detriment
to the environment and without exploitation of human rights in the workforce by adhering to adequate labor standards. Corporations have initiated social responsibility that is cited for being a possible
remedy for the problems, which are associated with globalization. These problems can sometimes hinder the realization of sustainable develop. Endemic to Globalization are inequities in wealth, unfair labor practices
and environmental degradation. The purpose of this paper is to outline the ideals of corporate social responsibility, sustainable development and globalization. Multinational corporations have a definite role
in achieving these ideals. BACKGROUND OF MULTINATIONAL CORPORATIONS AND GLOBALIZATION Advancements in information technology in the late 1980s and early 1990s combined with the liberalization of markets worldwide and
deregulation, has caused a never before seen surge in the number of multinational corporations (MNCs) (Stopford, 1998). There has always been some disagreement as to whether the MNCs are
ruthless exploiters or a means of bringing prosperity to the entire world. Yet, MNCs continue to reinvent themselves in a variety of ways. As a preeminent force in todays
world, globalization is the trend of denationalization that results from the culmination of political, economic, and non-economic forces (Hermann, 2004). Globalization is an indispensable step in the economic and
social evolution of the world that, if allowed to go awry, will prevent global sustainable development (Hermann, 2004). Many people think that multinational corporations will relocate spontaneous to the area
with the best economic conditions (Stopford, 1998). This is not necessarily true. MNCs will most likely stay put in the area where they are first established as they
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