Introduction: When it comes to dealing with issues in the international level, ethics becomes more and more difficult to understand as ethics can be interpreted in different ways to different people, and their ethics may change when dealing with issues abroad. Today, many individuals from different parts of the world and from different backgrounds, cultures, environment, etc. have started to do business with each. Globalization has given opportunities for individuals to expand within the foreign markets in order to succeed in the business world. Many different businesses in Canada have taken advantage of this opportunity to expand in order to have access to foreign markets, and Goldcorp Inc. is one of them. Goldcorp Inc. is a Canadian …show more content…
on the human rights violation issue regarding Marlin mine, a human rights assessment was done on the mine to assess the environmental impact the mine had individuals living close to the mine. Unfortunately, when the report was finalized in mid-May of 2010, it “painted a harsh portrait” of Goldcorp Inc. The assessment indicated that Goldcorp did not respect the rights of the indigenous people in Guatemala because the Guatemalan government and the indigenous people were not included within the consultation process when the mine was to be constructed. Therefore Goldcorp Inc. was accused of disrespecting the rights of indigenous people. Guatemala is a member of the ILO 169, the International Labour Organization’s convention, which guarantees the rights to indigenous people. Within the convention, it also states that indigenous people should be consulted of when there are major projects within their area and it should also involve the area’s government. A report from the The assessment, which the company commissioned themselves, was 229 pages long and was conducted over an 18-month period by the On Common Ground Consultants Inc. In the assessment, it also reported that Goldcorp had failed to protect their workers’ rights when employees were being dismissed by the subsidiary of Goldcorp, Montana Explorada de Guatemala, S.A., for attempting to form a union. It goes on to report that the company allows the “climate of intimidation
The extracurricular activity I attended for this report on peace studies was Dr. Catherine Nolin’s public lecture called “Transnational Ruptures in a Time of Impunity: Genocide, Mining and Migration”. Dr. Nolin is an associate professor at the university of Northern British Columbia. Her focus was placed upon the past and present violence in Guatemala. More specifically, the genocide of the 1980s, the migration that followed, and the role of Canadian mining companies in present mining operations within Guatemala. Dr. Nolin visited indigenous communities in Guatemala, where she listened to the people’s stories related to crimes that Canadian mining companies had committed. These crimes included rape and murder, so the professor went back to Guatemala with a lawyer who was able to start legal claims in Canada against the mining companies. The story does not start with the Canadian mining companies as this was after the terrible genocide.
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Some argue that, economically, the mining operation will be a net gain in money for the working class and that 75 to 80 percent of the jobs in northern Minnesota will be local [1]. However, for the project to fully go through, it requires “$200 million to $400 million in financial protections, and would overall be a financial liability for taxpayers” [2]. So despite how many jobs the project will create, it could result in a net loss of money for the people living in that area. Another problem that PolyMet thinks they have solved is the mass amount of pollution that will surface during the mining process. They say they will “use the most advanced mining procedures to extract the materials and prevent pollution during the mines 20 year life” [3]. Not only is this solution incredibly vague in its description, but many argue that “the pollution will be a problem long after the mine plays out and PolyMet is gone. The latest studies shows a possibility that the mine’s wastewater could flow north to the Boundary Waters Canoe Area Wilderness” [3]. The argument that advanced procedures would be used against pollution falls short of satisfactory when their description is so ill-defined.
Prepare a 10- to 15-slide Microsoft® PowerPoint® presentation summarizing the costs and benefits of the proposed mine. Include the following elements:
1. Complete the table below with descriptions of different methods of communication. You should include two verbal, two non-verbal and two written methods of communication.
Canada, which is the headquarters of Barrick Gold Corporation, runs 60 percent of the world’s mining corporations across the globe. Notwithstanding the fact that even though it is the forerunner in this industry, Canada has not taken the lead on mediating or taking responsibility for the behavior of their corporations abroad. The consequence of this carelessness is, Canada has drawn criticisms from around the world, first from the environmental, religious and human rights organizations, and now increasingly from international institutions, such as the United Nations.
Grahame Russell who is the director of Rights Action gives insight on how people are being treated and affected by the mining being done to their land. Certain areas that have been affected by Canadian Mining industries are Guatemala and Honduras, the people their have be exposed to poverty, illnesses, pollution, racism towards the poor, government repression, not enough work and many other aspects. The corrupt government of these countries turn a blind eye to their people, the Canadian government still choses to do businesses in these corrupt areas. The severe issues that aboriginal communities who have had their human rights violated over and over again is known within the government, yet nothing is being done to seek justice.
i. DEFINITION: a number of affiliated businesses which function simultaneously in different countries, are joined together by ties of common ownership of control, and are responsible to a common
Which is cost difference determines the patterns of international trade. Absolute advantage is trade benefits when each country is at least cost producer of one of the goods being traded. In the 1800s, David Ricardo developed the theory of comparative advantage to measure gains from trades. This theory is based on comparative advantage and it states each nation should specialize in production of those goods for which its relatively more efficient with a lower opportunity cost.
This webpage outlines the discussion of the 2014 United Nations (UN) world conference on indigenous peoples. It brings together in succinct detail the outcomes and objectives, promoting the implementation and advancement of Indigenous peoples rights. The Human Rights Commission mentions only the UN which could suggest bias. However, the UN is made up of a multitude of organisations and governing bodies that give the source authority.
1. To qualify as a multinational corporation, a firm must meet all of the following criteria except:
International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into conflict as a result of the different cultural practices in the nation. Since, there is this dilemma that has progressively troubled the large multinational corporations, international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics discussions on the question of how to act in the home country as opposed to the host country is at the central point of most international corporations. The argument in question is how companies should practice their business according
International business contains all business transactions private and governmental, sales, investments, logistics, and transportation that happen between two or more regions, nations and countries beyond their political limits. Generally, private companies undertake such transactions for profit governments undertake them for profit and for political reasons. It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources includes capital, skills, and people. for international production of physical goods and services such as finance, banking, insurance, and construction.
Subject : Appraisal of a MNE's recent market entry (2007-2010) ( 1. Firm Motivations for internationalization 2. Entry Strategy 3. Corporate Strategy)
This is a research paper on international business in the United Kingdom. This paper will show investors everything about the UK and if they wish to invest in the country. Before any person should invest in any place that is unknown to them, they should conduct research like here before you. The following paper includes research like culture, background, trading, business ethics, recent events. An understanding of this information will help you decide on investing.