(Barry Shaw , 2009 . This issue can be elaborated by considering an example that if a multinational has decided to lay off US oriented employees and they are hiring foreign workers because of their low-wage rates and then in that respect for the greatest good they can claim that because of this we can manage in the global arena and our position is stable because of this mover . However , if the multinational refuse to hire low wageworkers then because of stiffer price competition they might lose the market function and this would result is laying of more US based employees . therefrom , match to this approach they must lay off sure US employees and might hire them again if the situation gets better clean rightsThe Moral Rights approach focuses on the principles of morality and consequences are not considered . In this approach certain routineions are considered to be right or wrong . If a multinational arranging considers this approach than correspond to this fall ining low wages is considered to be an immoral act because the corporation s desire for profit isn t an appropriate justification according to this theory (Barry Shaw , 2009 .
This theory stresses on the point that a company should close down its business if the company is unable to pay appropriate wages to its employeesUniversalismThis approach to moral decision fashioning is exactly similar to the Golden Rule . This approach is comprised of cardinal steps . The first step is to consider that a especial(a) fancy should be applied to all people downstairs all circumstances (Barry Shaw , 2009 . The second step revolves around the idea that you would be wiling for someone else to apple the rule to you . In Universalism , the organization should evaluate itself that paying low wages would be ripe for you under the competition and for everyone else...If you want to get a wide essay, order it on our website:
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