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Case Study 6.1 Answers
Case Study 6.1 Answers
Case Study 6.1 Answers
Secondly, MNCs place their shareholders' interests above the interests of the
communities in which they operate or of the customers they serve. The developed
countries continue to benefit at the expense of developing countries, putting their
communities and people at a disadvantage because their livelihoods are severely
impacted. As a result, manual laborers are losing their jobs as multinational
corporations relocate their manufacturing and production lines overseas, where
salaries are low and working conditions are terrible. MNCs are harming the ecology
and the environment and putting the globe at risk, where global warming affects the
present world and future world. The rise of corporate power has led in the trampling
of human rights, limiting individual rights and freedom by failing to comply to the rule
of law. Small firms and enterprises are concerned that global economies may
threaten the business of MNCs as the low-priced goods and services continue to
dominate and affect them.