MNCs should NOT reduce ethical standards to compete internationally. By reducing ethical standards, MNCs set an example to the rest of the global world that it is favorable to act upon one’s selfish profit-making interests (alone) without regard to the “public-at-large” of which MNCs are in relationship with.

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Ethics and business are inseparable. Ethics provide the first ‘social contract’ through which a business interacts with the public; before the force of law comes into play. It is the means through which an organization relates to the society as a member, aside from capital gain (Hsieh, 2015). From this premise, it then follows that the standards that are maintained by any multi-national corporation (MNC) must align with every society that the MNC operates in.

The organism of the MNCs is such that they have a constant and active presence in more than one country. These countries are run by laws. Laws are in essence, codified ethics. Therefore, the initial validity of existence of these organizations in those countries proves their …

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