Business

Will there ever be a single set of international rules governing multinational companies? Why? Why not? In what way are United States businesses demanding socially responsible behavior from their international suppliers? Why is this important to discuss? (graded)

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  1. Companies are incorporated in individual nations and here in the US in individual states with different laws. International rules are established basically by treaty and it seems unlikely to me that unless the United Nations becomes far more powerful than it is a single set of rules will be established.
    However US businesses are putting pressure on suppliers in other countries to end employment of children and the payment of ridiculously low wages. US companies also sometimes demand that foods or toys or other objects be free of poisons and meet quality standards or they will stop buying them. The pressure is exerted not so much by international rules but by saying if you want to sell us your stuff, you have to play by our company or industry rules.

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    posted by Damon

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