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Funding for this project was provided by the Weissman Center for International Business, and is gratefully acknowledged.

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Wal-Mart Stores, Inc. In my view, Wal-Mart provides a prism through which to examine how many multinational companies MNCs engage in illegal and unethical behavior.

They use their bargaining power and market control to pressure countries to condone environmental degradation and violation of national labor laws. Businesd, the company has been embroiled in a series of scandals, including multiple cases of bribery. In Asia alone, there had been 90 reports of bribery in the previous 18 months.

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Worst of all, Wal-Mart—and other MNCs—can be connected to the deaths and injuries of hundreds of people in workplace accidents, most recently in Bangladesh, but also in other countries where low-skill, low-wage https://amazonia.fiocruz.br/scdp/blog/culture-and-selfaeesteem/the-exploration-of-open-spaces.php predominates. Bangladesh is the world's second largest garment exporter after China. The Deecribe expects to triple its garment exports in the next three years as worker wages increase in China and more production migrates to Bangladesh.

Therefore, it is hardly surprising that these low prices are obtained through low wages and unsafe working conditions. The situation is so bad that local factory owners have complained that wages should be at least 30 percent higher, but that resistance from foreign buyers thr this impossible. On the weekend of November 24,a fire raged at the factory of Tazreen Fashions in Dhaka, killing and injuring over people.

Exam (elaborations)

A large portion of the plant's output was made for Wal-Mart, although it also produced garments for other U. The plant lacked adequate fire prevention and exit systems. Furthermore, the plant's managers blocked some of the staircases, preventing workers from exiting.

The factory had a long history both of unsafe working conditions and of making apparel for many of the world's largest retailers. On November 26,Wal-Mart terminated its relationship with its supplier stating, "The fact that this occurred is extremely troubling to us, and we will continue to work across the apparel industry to improve fire safety education and training in Bangladesh. The fire was not the first in Bangladesh. On December 27,a similar factory fire killed 32 people and injured over Yet MNCs have never acknowledged that their demand for the lowest possible price and extremely Describe the Ethical Issues a Business Needs delivery schedules may have been a significant contributing factor toward lower wages and hazardous working conditions.]