Because multinational firms (or other organizations, such as the Red Cross) represent global interdependency, their managers at all levels must recognize that what they do, in the aggregate, has long-term implications for the socioeconomic interdependence of nations. Simply to describe ethical issues as part of the general environment does not address the fact that managers need to control their activities at all levels-from simple, daily business transactions involving local workers, intermediaries, or consumers to global concerns of ecological responsibility- for the future benefit of all concerned. Whatever the situation, the powerful long-term effects of MNC and MNE action (or inaction) should be planned for and controlled, not done haphazardly as part of the side effects of business. The profitability of individual companies depends on a cooperative and constructive attitude toward global interdependence.
MANAGING INTERDEPENDENCE : Managing Interdependence article from Global Management Catagory MANAGING INTERDEPENDENCE
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