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10 Introduction Multinational corporations MNCs are corporations that own or control production or service facilities outside the country in which they are basedUnited Nations 1973 P 23 The rise of Globalisation has forced and enabled more companies to venture abroad in order to thrive for more profitability bigger market cheaper raw materials and lower labour costs However MNCs have also noticed that the more countries they enter the more ethical issues appear At best even when MNCs are dealing with one only one culture they are already facing ethical difficulties as they encounter two or more different cultures it would become extremely problematical Hence multi-national corporations MNCs face more challenges than ever before in the cultural contexts and different countries they operate due to different ethical and moral standards among different countries Hence MNCs are often under a dilemma with ethical difficulties when operating in different countries Successful MNCs require stability for development and to resolve ethical difficulties is one of the key issues that could affect such stability this is the focus of this assignment first it will explain the ethical difficulties multinational business encounter while operating in several countries followed by the general principles required to resolve such ethical problems lastly an example of such a problem to illustrate the application of principles to resolve problems in real situations 20Ethical difficulties faced by multinational companies in other countries According to Robert Solomon Solomon in Hartman 2005 P171 Ethics is a matter of ethos participation in a community a practice a way of life Business ethics is a function of the business ethos McNeil and Pedigo 2001 suggested that business ethics is the fundamental part of the decision-making process within an organisation In reality we could observe that the ethical problems seem to be fewer in developed countries compared with underdeveloped less developed or developing countries because these countries are at earlier stages of economic development Carroll Buchholtz 2003 P278 Thus when
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