Controlling MNC's Flashcards

1
Q

What factors affecting the control of MNC’s?

A

Political influence

Legal control

Pressure groups

Social media

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2
Q

What are pressure groups?

A

Pressure groups – external stakeholders​

Tend to focus on activities & ethical practice of multinationals or industries with ethical issues​

Combination of direct and indirect action can damage the target business or industry​

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3
Q

What is consumer action?

A

Another way in which business ethics can be challenged.

Consumers may take action against:​
- Businesses they consider to be unethical in some ways (e.g. animal furs) ​
- Business acting irresponsibly​
- Businesses who use business practices they find unacceptable ​

Consumer action can also be positive – supporting businesses with a strong ethical stance & record​

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