1. Discuss some of the pressures on and action being taken by selected industrialized
countries and companies to be more socially and environmentally responsive to
world problems.
During the years ahead, multinationals likely will become more concerned about being socially
responsible. NGOs are forcing the issue. Countries are passing lawsto regulate ethical practices
and governance rules for MNCs. MNCs are being more proactive (often because they realize it
makes good business sense) in makingsocial contributions in the regions in which they operate
and in developing codes ofconduct to govern ethics and social responsibility. One area in which
companies have been especially active is pursing strategies that blend environmental
sustainability in business objectives.
Almost all the industrialized Nations adopted various kinds of Strategies and preventive methods
in order to make the multinational companies more socially as well as environmental a
responsive multinational companies at Starbucks body shop and Microsoft establish a well
developed the code of conduct is there always try to access and social missions in order to do
business etiquette and minimise negative impact of the operations on environment and the race
the public attention on certain issues is fund and donations government adopted strict emission
control strategies and initiatives on this multinational companies because government adopted
carbon emission tax in emission standards on all the multinational corporations if they emit over
and above this limit they are subject to the monetary penalty.
As another concrete example, Tesla Motors, an independent automaker based in Silicon Valley,
focuses on creating and mass-producing reliable electric cars. Using technology derived from
19th-century physicist Nikola Tesla, Tesla Motors has developed the longest-range electric car
battery on the market. Tesla demonstrates how corporations are shifting focus from traditional
responsive-market strategies to broader approaches that combine both business and social or
environmental goals. Tesla Motors' Model S is focused on developing and deploying an
affordable all-electric car to the masses. By combining their commitment to social and
environmental sustainability, in line with their business and commercial goals, this company
seems to be exemplifying a new approach to integration. social and business goals among global
corporations, targeting consumers' desires for products and services that align with their values.
This approach can make a real and lasting impact on the human and environmental conditions of
the world by harnessing business and management skills and techniques.
Corporate social responsibility is more than just good ethical behavior. It can aid in avoiding
future economic and environmental setbacks and could be the key to keeping companies afloat.
Companies have taken action towards sustainability in their business operations to better respond
socially and environmentally to world issues.