GMS 200 Lecture Notes - Lecture 4: United Nations Global Compact, Transparency International, Multinational Corporation

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

When mncs enter other countries to do business . Problems: excessive proits, economic dominaion, interference with government, hire best local talent, limited technology transfer, disrespect for local customs. Beneits: larger tax bases, increased employment opportuniies, technology transfers, the introducion of new industries, the development of local resources. Mncs have tradiionally come from developed countries and someimes they have problems in ldcs . Mulinaional corporaion complaints about host countries: proit limitaions, overpriced resources, exploitaive rules, foreign exchange restricions, failure to uphold contracts. Child labour: ted talk auret van heerden: making global labor fair, fair labour associaion fla. Organizaions atemping correcion: ilo (internaional labour organizaion, un global compact, transparency internaional. Sustainable development refers to development that meets the needs of the present without compromising the ability o future generaions to meet their own needs: world bank, world resources insitute (wri, embarq - wri.