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Tag Archive 'ethics'

Flag of Convenience

Here’s another post about that mythical multi-national corporation: BSSL. Today BSSL is dealing with a situation in which a crewmember of one of their cruise ships broke into a couple’s cabin, and the husband died during the struggle. Blue Star Steamship Lines (BSSL) operates several cruise ships under the flags of the Bahamas and Liberia. […]

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Venezuelan Oil Opportunities

The country of Venezuela has a long history with the petroleum industry. For centuries, both indigenous tribes and Spanish colonists had found the crude bubbling up to the surface to be beneficial in medicines and candles. In 1914, the first oil company to arrive in Venezuela discovered success at their first well with no need […]

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Concerns of the Maquiladora Workers

Maquiladoras are industrial plants below the U.S. border that assemble foreign parts into finished products. Unlike many developing countries which export inexpensive commodities, Mexico “exports” its inexpensive labor force in the form of maquiladora workers (Isaak, 2004). Like workers anywhere, maquiladora workers have concerns both for themselves and for their families. These workers are concerned […]

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Justified Wage for Workers

The practice of defining minimum wages dates back to the 19th Century. In an effort to settle wage disputes, Australia and New Zealand created governing bodies to set the minimum rates for workers based on industry. The United States followed suit in the beginning of the 20th Century. Although the original American regulations only applied […]

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International Business Ethics

As companies of all sizes join the global economy, questions of ethics abound. There are four main challenges multi-national corporations (MNCs) must face regarding how to ethically conduct business in less developed countries. These challenges all revolve around the idea that some standard of ethics should be adhered to when conducting business. The absolutist position […]

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