Foreign subsidiary in poor nation

Assignment Help Business Economics

Reference no: EM131167178

A visiting American executive finds that a foreign subsidiary in a poor nation has hired a 12-year-old girl to work on a factory floor, in violation of the company's prohibition on child labor. He tells the local manager to replace the child and tell her to go back to school. The local manager tells the American executive that the child is an orphan with no other means of support, and she will probably become a street child if she is denied work. What should the American executive do?

Reference no: EM131167178

Questions Cloud

What will happen to equilibrium wage and quantity of labor : Think of a goods and services market for coffee. A wild fire destroys half of the coffee bean crop. Which curve is affected and in what direction? What will happen to equilibrium, price and quantity in that market? Think of a financial capital market..

About the concept of opportunity cost : In Chapter 2, you learned about the concept of opportunity cost, and the Section 2.1 review video demonstrated this concept. In your initial post, respond to the following: Describe various opportunity costs of attending a four-year college (assuming..

Extreme inequality in the distribution of education : In most developing countries, the empirical studies show that there is extreme inequality in the distribution of education. A small section of the population is very highly educated and the majority of the population has practically no education at a..

Economy in determining the shape of human socciety : Describe the social and political of karl Marx what was marx view of history ? how important was the economy in determining the shape of human socciety? how did human society change overtime ? summarize marx view on capitalism outlining both its posi..

Foreign subsidiary in poor nation : A visiting American executive finds that a foreign subsidiary in a poor nation has hired a 12-year-old girl to work on a factory floor, in violation of the company's prohibition on child labor. He tells the local manager to replace the child and tell..

Appeared that the affordable healthcare act : When it appeared that the Affordable Healthcare Act was going to become a reality, various media outlets offered several predictions regarding how this was going to impact temporary workers. Now that the Affordable Healthcare Act has been through the..

The members of the board of governors of the fed : The budget of an economy is said to be in deficit when. The members of the Board of Governors of the Fed are. The reserve ratio is the ratio of

Comparative advantage-absolute advantage in producing good : Ricardian Model. Consider two countries: A and B. Labour is the only factor of production for goods X and Y. Consider the following matrix of unit labour requirements. X Y Labor Endowments Country A aLx = 15 aLy = 3 60 Country B aLx* = 6 aLy* = 2 60...

What is the fiduciary duty of loyalty : What is the fiduciary duty of loyalty? Did Gaffney act ethically in this case? Did Gaffney and his partners breach their fiduciary duty of loyalty?

User Account

All Pages