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South Africa Investment

Autor:   •  September 25, 2012  •  Essay  •  937 Words (4 Pages)  •  1,423 Views

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South Africa Investment

I feel that Texaco and SoCal should be forced to terminate their operations in South African because of the unfit working conditions of the South African People. I find it absolutely amazing that such inhuman working condition and treat still exist towards certain minorities. The conditions that some of the oil refiners have to endure is not easy to bear. The workers that are unwilling to participate in the wrongful working condition are beaten, imprisoned and killed. The South African Minorities have no voice in society because they were never given any rights.

The South African apartheid system legalizes racial discrimination and limits the black population from their normal human rights. I cannot believe a company like Texaco and SoCal could have ownership in a country that has a government that has such discriminating practices.

Texaco and SoCal are opposed to ideal of terminating any involvement with South African oil refiners because they would stand to lose millions of dollars. This becomes of issues of whether it is ethical for a large oil company such as Texaco to stay loyal to its shareholders by making as much profit as possible or doing the right thing by pulling out of South Africa. You have to question how many other major companies that we rely to function day to day are actually involved in some form of corruption within their company. I think that Texaco and SoCal probably really benefit from the cheap minimum wages that the minority’s oil company work receives. Texaco management fear that the company would lose over 20 percent of its investment by pull out of South Africa. Management even tried to convince the stockholders to vote against any resolutions that could jeopardize annual income.

This case study shows how the development of human resource mandated Affirmative action

policies have help create equal rights and fairness at many American based jobs. The first area of Human Resource management that will be discussed in this paper is equal employment opportunity. In my opinion, this is the head of the cycle. This area is the one that is in charge of making sure that all the areas work. Equal employment opportunity is a very strong area, because everyone deserves the chance to have an equal chance to become a great leader of a good firm or job. When there is equal employment opportunity for all races and gender, then firms can experience the advantages of being diverse. In today’s society, that is what a lot of companies are looking for. The more diverse a person is the better chance a company has of getting more clients and achieving more of their goals. By being diverse, I am not just

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