Effects of Labor Standards Promulgated by International Organizations to MNE

DISCUSSION QUESTION CHAPTER 7- INTERNATIONAL HUMAN RESOURCE MANAGEMENT
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How do the various labor standards promulgated by international organizations affect the MNE?
The various labor standards by international organizations, such as the International Labor Organization (ILO), can significantly impact MNEs. The extent to which these standards affect a company will often depend on the specific regulations and laws in each country where the MNE operates. For example, some countries may require companies to abide by ILO standards, while others may not. One of how these standards can affect MNEs is by dictating the extent to which they must engage with labor unions. For example, in some countries, employers must negotiate with any union present in the workplace, even if the union only represents a small number of employees. In some countries, unions influence government policy and labor laws, which could further impact MNEs. Another way in which international labor standards can affect MNEs is by establishing guidelines for wages, working hours, and other aspects of the employment relationship. Some men may find it difficult to operate in countries where these standards are strictly enforced, as they may have to change their employment practices to comply with the regulations. Overall, the various labor standards promulgated by international organizations can significantly impact MNEs. The extent to which they do so will depend on the country in which the MNE operates, the particular labor ...