What can MNCs do to promote morally just measures? Or what are Richard T. De George’s guidelines for moral promotion by MNCs?
• MNCs business should do more overall good than bad towards the economy…
What are the International Rights as enumerated by Thomas Donaldson?
• The right to freedom of physical movement • The right to ownership of property • The right to freedom from torture • The right to a fair deal • The right to non-discriminatory treatment • The right to physical security • The right to freedom of speech and association • The right to minimal education • The right to political participation • The right to subsistence
Which standards should guide engineers’ conduct when working in foreign countries?
Alternate 1: ‘When in Rome, do as the Romans do’ Alternate 2. Follow the identical practices which were followed in the home country. Both are unacceptable. A via media should be found based on the context.
What are the three senses of relative values?
Ethical Relativism • Actions are morally right in a particular society if they are approved by law, custom, or other conventions of the society. Descriptive Relativism • Value beliefs and attitudes differ from culture to culture and this is a fact. Moral Relationalism or Contextualism (Ethical pluralism)…
What are the benefits of Multi-National corporations doing business in less developed countries for both the MNCs and the host country?
Benefits to MNCs: • Inexpensive labor • Availability of natural resources • Favorable tax conditions • Fresh markets for products Benefits to developing host countries: • New jobs • Greater pay and greater challenge • Transfer of advanced technology • Social benefits from sharing wealth
GLOBAL ISSUES – Give an account of Bhopal Gas Tragedy.
On December 3, 1984, Union Carbide's pesticide-manufacturing plant in Bhopal, India leaked 40 tons of the deadly gas, methyl isocyanate into a sleeping, impoverished community - killing 2,500 within a few days, 10000 permanently disabled and injuring 100,000 people. Ten years later, it increased to 4000 to 7000 deaths and injuries to 600,000. Risks taken: • Storage tank of Methyl Isocyanate gas was filled to more than 75% capacity as against Union Carbide’s spec. that it should never be more than 60% full. • The company’s West Virginia plant was controlling the safety systems and detected leakages thro’ computers but the Bhopal plant only used manual labour for control and leak detection. • The Methyl Isocyanate gas, being highly concentrated, burns parts of body with which it comes into contact, even blinding eyes and destroying lungs. Causal Factors: • Three protective systems out of service…
Need For a Patent System
Encourages an inventor to disclose his invention Encourages R & D activities…
COPY RIGHTS
The right to original literary and artistic works • Literary, written material • Dramatic, musical or artistic works • Films and audio-visual materials • Sound recordings • Computer Programmes/software • SOME databases Example: Picasso’s Guernica, Microsoft code, Lord of the Rings
