Harvard Business School: Jextra Neighborhood Stores in Malaysia Introduction Tom Chong has several issues he needs to deal with in couple of weeks; however, some issues are more critical than others so he has to handle them accordingly. Chong has two major issues that must be resolved: one of the issues is a recent conversation between him and the mayor of Klang, a town in which Jextra would like to build a new store. The mayor informed Chong that Jextra's application approval process for
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performance, and competitiveness in the region as well as Mr. Chong’s career. The major social issues include those related to law, culture, and ethics. The report also analyzes anti-bribery corruption enacted by the U.K Bribery Act and the U.S. Foreign Corrupt Practices Act (FCPA). The report concludes with recommendations to Jextra such as seeking proper legal advice, implementing an effective business code of conduct, providing inter-cultural and ethics training to managers, using a geocentrism
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violating Foreign Corrupt Pratices Act . The Security Exchange Comission charged Tyson with inaccurate bookkeeping and records, imperfect internal controls. Tyson punishment was disgorgement and pre-judgment of $1.2 million in interest. Tyson also agreed to pay a criminal penalty of $4 million in a related criminal proceeding. Both of these companies failed terribly in being compliant with the Security and Exchange Commission and the Foreign Corrupt Practices Act. The Ball Corporation would have
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gives the person or persons jail time. This a good law to look at because it gives a good definition of bribery, making payments to foreign officials for the purpose of obtaining or retaining business. The U.S states a punishment if violated the act of
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points) Which of the following statements with to the Transparent Agents Against Contracting Entities (TRACE) is incorrect? | A. | It was developed after a review of the practices of 34 companies | | B. | It applies to business intermediaries | | C. | It was developed as a way to prevent the shifting of corrupt practices to suppliers and intermediaries | | D. | It was established by the Latin American companies | Question 7 of 40 (worth 0.4 points) Nongovernmental organizations believe
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Multiple Choice 1. The term _____ refers to an individual’s personal beliefs about whether a decision, behavior, or action is right or wrong. a. value b. culture c. ethics d. religion e. expectations (c; easy; p. 119) 2. Fruit juice suppliers in South America rely heavily on _____. a. elderly employees b. child labor c. female workers d. illegal immigrant workers e. none of the above (b; moderate; p. 117)
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Law Outline Thesis--Government Regulation is needed in the U.S. to keep scandals from ruining our businesses livelihood and the financial futures of all Americans. Introduction Many acts have been created because of controversy and scandals that have and continue to happen in the U.S. These acts were introduced to prevent individuals and businesses from losing everything and to help the government to keep individuals and businesses safe from scams. Without these regulations there would
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Unethical Business Research Conduct A lawsuit brought upon city Assessor Bill O'Brien by a tax investigation firm, Tax Data Solutions (TDS) that he used last year states that he violated his contract and the Connecticut Unfair Trade Practices Act (Smith, 2010). Between 2006 to 2009 the city of New Haven hired the company to investigate people and businesses that owe for vehicle or personal property taxes. O'Brien is accused of adding accounts to the grand list, withholding payment for accounts
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3. To create employment 4. To generate social welfare 1. The notion of company loyalty, according to Shaw, is 1. Outdated 2. Trendy 3. Commonplace 4. Rare 1. What is the primary source of an organization’s right to expect employees to act on its behalf? 1. Common decency 2. Morality 3. Common law 4. Contract 1. The buying or selling of stocks by business insiders on the basis of information that has not yet been made public is 1. Insider trading 2. Business broking 3. Hedging
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Legal and Ethical Issues Summary CadMex is in Florida and markets its product in 127 countries around the world. I am attempting to coordinate the contractual terms between CadMex Pharma and Gentura. Gentura is a biotechnology company based in Candore, which is known for ProPez, which is a breakthrough medication for anti-diabetes. The company does not have the abilities to produce globally, and CadMex is attempting to negotiate a partnership. Some issues to consider in resolving disputes in
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