International Labor Laws
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In this article, the writer contends that while ethical behavior is always in the best interest of all stakeholders of a company, a U.S. firm should be concerned with matching its labor practices to the local legal and cultural climate. The writer maintains that this is because it will then be more able to weather changes that come to that environment.
From the Paper:"U.S. firms often set up production facilities in other countries to take advantage of the lower cost of labor. The lower wages are not considered unfair because the cost of living is also lower in those areas. Also the local labor laws are often more lenient abroad those in the U.S. While ethical behavior is always in the best interest of all stake holders of a company, a U.S. firm should be concerned with matching its ..."
Cite this Analytical Essay:
International Labor Laws (2008, December 01) Retrieved July 18, 2019, from https://www.academon.com/analytical-essay/international-labor-laws-123057/
"International Labor Laws" 01 December 2008. Web. 18 July. 2019. <https://www.academon.com/analytical-essay/international-labor-laws-123057/>