Explain importance of being a member of organization


Discuss the below in detail:

Q1. Do pharmaceutical companies have a responsibility to distribute drugs for free or at low cost in developing countries? What are the main arguments for and against such an approach? What are the advantages and disadvantages of giving drugs for free versus offering them at low no-profit prices?

Q2. Assume that you are an executive of a large U.S. multinational corporation planning to open new manufacturing plants in China and India to save on labor costs. What factors should you consider when making your decision? Is labor outsourcing to developing countries a legitimate business strategy that can be handled without risk of running into a sweatshop scandal?

Q3. List three international organizations that the U.S. is a member of and explain the importance of being a member of each organization. Who benefits from the U.S. membership in these organizations? How?

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