Order Description
write a 1-2 page summary of the discussion questions below:
1-Outline why the culture of a country might influ- ence the costs of doing business in that country. Illustrate your answer with examples.
2-Do you think that business practices in an Islamic country are likely to differ from business practices in a Christian country? If so, how?
3-A visiting American executive finds that a foreign subsidiary in a less developed country has hired a 12-year-old girl to work on a factory floor, in violation of the company’s prohibition on child labor. He tells the local manager to replace the child and tell her to go back to school. The local manager tells the American executive that the child is an orphan with no other means of support, and she will probably become a street child if she is denied work. What should the American executive do?
4-Milton Friedman stated in his famous article in the New York Times in 1970 that “the social responsibility of business is to increase profits.” Do you agree? If not, do you prefer that multinational corporations adopt a focus on corporate social responsibility or sustain- ability practices?