Answered: How can companies mitigate such ethical…

Business

Management

How can companies mitigate such ethical dilemmas, or should they even worry about them? Defend your opinion

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Entering foreign markets, by definition, means not investing in a firm’s home country. For example, Nissan closed factories in Japan and added a new factory in the United States. GM shut down factories at home but kept them open in Europe. What are the ethical dilemmas here? How can companies mitigate such ethical dilemmas, or should they even worry about them? Defend your opinion.

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