Question 1: In a company, who is a stakeholder and who is a stockholder? Can they be the same? Give an example where they may be the same and where they may differ. How is a stakeholder view different from the stockholder view? Discuss the three uses of the stockholder view (descriptive, instrumental and normative models).
Question 2. In your point of view, should Multinational Corporations (MNCs) be bound by the prevailing morality of the home country or should they follow the practices of the host country. Give an example to back your point of view.
Question 3. Considering wages, working conditions and job opportunities, is the manufacture of goods in countries with low labor cost advantageous to developed and developing countries alike? Present at least three reasons for your response and give an actual example of a developing country and a product manufactured there that will back up your response to this question.
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Question 4. List and discuss the ethical justification of each of the three theories (the due care theory, the contractual theory and the strict liability theory) that are used to determine when a product is defective and what is owed to the victims of accidents caused by defective products. Give an example of the actual usage of each of these theories when a product that was defective caused an accident.