Manager in the International Economy 1.Many multinationals do not own the means of production of their goods.
Manager in the International Economy
1. Many multinationals do not own the means of production of their goods. Fashion companies like H&M relies on thousands of suppliers and technology companies like Apple depend on multiple third-party contractors to produce components or assemble whole products.
- How can these companies insure quality? How do they ensure safe and just working conditions? How do they provide positive or at least neutral environmental impact?
- Milton Freidman the famous economist once said, “The social responsibility of business is to increase profits.” https://hbr.org/2012/04/you-might-disagree-with-milton
Do corporations have a right or a responsibility develop corporate social responsibility programs? How about to make charitable donations? How about to political contributions?
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