The Impact of Exporting E-waste on Developing Countries

The essay will focus on a point-counterpoint discussion. Given this, the research will arouse different arguments which include: Exporting E-Waste: A Useful Solution and whether Foreign Industries should Limit Foreign Control of Key Industries.

Exporting E-Waste: A Useful Solution

According to Sullivan, Radebaugh &Daniel 2018, exporting of E-waste, creates jobs in countries where employment is hard to get and sustain. In this case, a company shipping the waste may make a profit, and the company importing can use the waste as a recycled product or resell them once they are refinished. On the other hand, the authors argue that in most growing countries, there is a lack of regulatory codes or disposal infrastructure to safeguard nature.  In this case, it seems that E-waste product can be potentially helpful as well as harmful to both the environment and to the countries where e-waste product is being exported.

Relatively, companies should adopt when dealing with the E-waste. Exporting waste that can be reused and recycled is not bad. However, it should be an obligation of the company to set environmental standards on the processing of recycled materials. Failure for the industries to protect the environment they should be held accountable for ecological risks or poor working conditions that are the byproduct of E-waste recycling. Moreover, enterprises should not export waste product that cannot be recycled. According to Sullivan, Radebaugh, and Daniels (2018), the dumping of waste that cannot be reused in the market and shipped to shipped to developing countries for disposal should be outlawed. Moreover, companies should take accountability for the harmful waste as well as its placement. This will incentivize them to redesign products to be more sustainable and have less hazardous materials and as a result, benefitting both the consumer and the environment.

Should Foreign Industries Limit Foreign Control of Key Industries

Foreign countries bring good and not so good aspects to the host countries.  Most industries decide to operate abroad to access the available resources, reduce cost and to target new markets (Daniels, Radebaught & Sullivan 2018). Most organizations invest in countries with lower wages where employees will be willing to work at a lower salary. This is seen as an exploitation of developing countries. However, in countries where there is scarce employment, expensive goods for import and export, individuals prefer to have different industries that will boost the internal economy and the standard of life. The issue arises the international enterprises invest in foreign countries to utilize natural resources that once they are gone the host country remains in the worst situation than before.

            Comparatively, many companies may encounter or avoid competition where the market is not large enough to accommodate many competitors; the companies may come up together to prevent competition. For instance, the negotiation between Colombia and the United States for a free trade agreement (Hapsari, Stoffers, & Gunawan, 2017). Many businesses in Colombia were afraid to face matches since the Colombians industries are small to medium size. This means that there are limited resources and capital that put the sectors at a disadvantage to compete with a bigger corporation. A higher percentage of this companies thought that they might have to shut down since they may not be able to compete on prices or larger productions. In this case, the industries may be right. However, there are possibilities of merging with foreign investors to become one company and eliminate competition. This may lead to an increase in profitability and market shares. In this case, when companies decide to invest abroad, it is hard to predict what would happen. Spending elsewhere depends on the type of company, resources required, the economic situation of a country, and how transparent the deal is in both companies.

Conclusion

            In conclusion, exporting E-waste product can be potentially helpful to those countries where jobs are scarce E-waste product can be recycled and reused as a product. However, companies should adopt when dealing with the E-waste. On the other hand, different industries should not be limited international control of critical sectors. This is because they may lead to job creation in nations where the jobs are scarce.

References

Daniels, J., Radebaugh, L., and Sullivan, D. (2018). International Business: Environments and operations (16th ed.). Prentice Hall.

Hapsari, C., Stoffers, J., & Gunawan, A. (2017). The Influence of Perceived Cultural and Business Distance on International Marketing Strategy Decisions; A Case study of Telkom Indonesia International. International Review of Management and Marketing, 7(3), 238-245.