MGT DISCUSSION

Student’s Name

Institutional Affiliation

Course

Date

Discussion Three

Different countries in the world have different levels of education, wealth distribution, and infrastructure among many other aspects. This has an impact on the way they look at the United States and its corporations that engage in business in their countries. The United States corporations engaging in businesses in other countries may be viewed in a positive or negative way. In many cases, these organizations are viewed as being positive because they help in creating employment opportunities for the local people. These businesses are also viewed as opportunities for development in the local areas they establish themselves through their corporate social responsibility programs (Fordham, Robinson & Van Leeuwen, 2018). Furthermore, they are viewed as a source of new technology in business to the areas where they establish themselves (Renouard & Ezvan, 2018). This is because they introduce new ways of doing business or new technological advances that make it easy to produce goods and services. Thus, the corporations are considered to be good for the economical and social advancement of the local people.

However, these companies establishing businesses in other companies can also be viewed in a negative way. Some of the companies are viewed as being competition for the local products. This makes them be viewed as companies supplying goods and services that will reduce the market share of the local companies. In other cases, the companies are viewed as being exploitative of the local resources. This is especially the case for companies with the responsibilities of mining local resources and exporting them for further processing in other countries. Another negative way in which these companies are viewed is that they pollute the environment of the local people because it is not their home where they can be held accountable. Finally, some companies have been accused of fueling local wars to benefit themselves.

References

Fordham, A. E., Robinson, G. M., & Van Leeuwen, J. (2018). Developing community-based models of Corporate Social Responsibility. The Extractive Industries and Society, 5(1), 131-143.

Renouard, C., & Ezvan, C. (2018). Corporate social responsibility towards human development: A capabilities framework. Business Ethics: A European Review, 27(2), 144-155.