Question

This assignment will explore the impact of corporate decisions on a local versus a global perspective. Choose one area from the list below, and describe, with examples of actual companies, how their decisions impact their local community as well as the wider global situation. Possible areas of thought are Environment, Finance, Employment, Infrastructure, Taxation.

As an example, you could look at how Corporation X treats environmental matters in its home country versus other countries where it does business. Are they consistent between countries? Do they vary widely in how they operate – polluting in one, while speaking about conservation in another?

Answer 1

Solution:-I am taking environment as my area of thought and will discuss about the impact of companies in both community or local as well as global situation. for better understanding say there is a textile company in the locality of a city of INDIA. the textiles sells its product both locally and in international market. its a big company with big firms for production. the city where the firms are being located has a sea nearby where in the companys dispose there waste materials. by doing so the company pollutes the sea water and makes it toxic. the people in near by areas are using the sea water for various perposes so the firms existance makes there life difficult. if we see the global effect of it, the firm also emits a lots of carbon into the environment and pollutes the air which also contributes to global warming and the green house effect. here if the company takes decission to increase production then it simply emits a lots of toxic things in the see water and makes it more hazardous and also the increased production contributes to more carbon emission as well. so this is how a companys decission affect things both locally and inter nationally.