Addressing International Legal and Ethical Issues Simulation Summary In this paper, I will concentrate on several different issues proceeding into any legal binding business contracts involving international businesses. When proceeding into international contract agreements it is important to complete the proper research. Most countries have different laws and regulations that all businesses must follow when business is conducted in that country. Before any problems arise, it will be important
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Case Study Paper MGT448 – Global Business Strategies October 11, 2011 Professor Dana Moore Gray, Ph.D., APR Case Study – Google in China This case study paper will examine Google’s entry into China. This case study will be focusing on the following topics; the legal, cultural and ethical challenges that Google experienced, the role that the Chinese government played, and a summarization of the operational and strategic challenges that faced Google’s managers. Google in China Looking to
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of Ethics in International Business Executive Summary Ethics in the business world is important and global. Ethics indicate what is right and what is wrong in business branches and also lead employees and stakeholders with moral values. Due to the globalization of markets and production processes, business people have to deal with ethical issues in cross-cultural settings at an increasing number. The purpose of this paper is to explain the importance of international business, emphasise the
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Having a successful business and maintaining good business ethics is hard work. Taking the business internationally is more work and can affect many stakeholders that are associated with the company. Stakeholder groups that may be affected by expanding the Aerodynamic operations are the CEO of Aerodynamics, Inc., the public relations officer, employees, customers, business partners, and shareholders. Before taking Aerodynamics, inc. to China there are many aspects to look into before taking a company
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Addressing International Legal and Ethical Issues 1. What are the issues involved in resolving legal disputes in international transactions? The issues that are involved in resolving legal disputes in international transactions are, first you need to understanding and sensitive of the foreign law, culture, politics, formal and informal power structures and decision making approaches. This applies whether you are forming a joint venture with an Asian company, or enforcing contracts with European
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the term will best suit it’s in ethics (page 656). 2. Consumer and business data is increasingly moving to the "cloud," and people are clamoring for protection of that data. However, as Symantec's President, CEO, and Chairman of the Board Steve Bennett points out in this clip, "maximum privacy" is really anonymity, and some people use anonymity as a shield for illegal and unethical behavior (118). 3. The first phase of business ethics is what I consider to be the Great Awakening, that period which
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conducting socially responsible business as an integral part of its corporate social responsibility. The simple logic is that, with the enormous share in the economy, a sector's passive role in worker and social welfare would not allow the country's major development indicators attain the expected level to compete in the global arena. More importantly, the sector with overwhelming share of employment, income generation and investment should proceed with ethical business and strive to make a positive
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In the simulation Addressing International Legal and Ethical Issues Gentura broke the contract with CadMex when they began distributing ViroBlast. CadMex legally had much at stake when Gentura decided to sell ViroBlast at a subsidized price to anyone with the ability to afford it. From these transactions CadMex stands to lose large amounts of money. If CadMex stopped Gentura from selling the ViroBlast the ethical dilemma that arises is that innocent lives could be lost. After
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David Chaffey, E-Business & E-Commerce Management, 5th Edition, © Marketing Insights Limited 2012 Slide 4. 2 Learning Outcomes • Identify the different elements of an organization macro-environment that impact on an organization‟s e-business and e-marketing strategy • Assess the impact of legal, privacy and ethical constraints or opportunities on a company • Assess the role of macro-economic factors such as economics, governmental e-business policies, taxation and legal constraints.
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Concept of political environment The political scenario in a country is the outcome of the interacting influence of various interest groups such as individual households, firms, politicians, bureaucrats and many others. The stronger a particular interest group the more prominent its ideology will manifest in the overall political scenario. In a country with federal character, where different interest groups are prominent at different levels, different ideologies exist side by side at the same juncture
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