Stated two very compelling acts passed by the federal government. In 1890 the Sherman Antitrust Act was established to make it illegal for companies to strive to establish a monopoly on a product or service, or form cartels ("Sherman Antitrust Act," n.d.). In 1914 the Clayton Act was passed, to give clarification to the Sherman Antitrust Act, The Clayton Antitrust Act tries to exclude certain actions such as price discrimination, price fixing and unfair business practices that can lead to anti-competitiveness
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daily basis while conducting business. Domestically and globally, marketing decisions must take into consideration many factors. The international trade system is one aspect of international trade that must be looked into. Tariffs are used often in foreign markets to charge a tax on imported products. Though there are some forces to help with international trade, companies still must evaluate all aspects. The General Agreement on Tariffs and Trade (GATT) helps to “promote world trade by reducing tariffs
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Question How does operating in highly corrupt countries impact Shell's approach to operating ethically and with corporate social responsibility? Candidate Name: Lucas Pontes IB Candidate Number: 000416 - 0070 School Name: International School of The Hague Advisor: Jane Austin Date Submitted: 11 February 2014 Word Count: 3863 Abstract’s Word Count: 223 Abstract This essay is aimed at answering the question ‘How does operating in highly corrupt countries impact Shell's approach to operating
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have to know that the act is criminal; it is sufficient that the act was done voluntarily . - Act of omission – an act or omission of a required act must actually take place - Harm may occur but ir is not a required element for an act to be classified as a crime Responsibility for criminal acts - Corporate liability - Officers and agents of corporations may be held responsible for the criminal acts of their employees. Liability may attach when employees fail to act. U.S. v Erickson
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world that its effects are most destructive. Corruption hurts the poor disproportionately by diverting funds intended for development, undermining a Government’s ability to provide basic services, feeding inequality and injustice and discouraging foreign aid and investment. Corruption is a key element in economic under-performance and a major obstacle to poverty alleviation and development.” Koffi Anan, foreword, United Nations Convention against Corruption, 2003. When Democracy and central governance
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environmental factors and must consider them in decision making such as: global economic interdependence and trade practices, demographics and physical infrastructure, social responsibility, ethics and legal obligation, cultural differences, political systems, Foreign Corrupt Practices Act and legislations and technology. Global economic interdependence and the effect of trade practices and agreements is a key influence on the coca cola company. Global economic interdependence has been defined as
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Chapter 2: The Political, Legal, and Technological Environment Learning Objectives and Chapter Summary |1. |INTRODUCE the basic political systems that characterize regions and countries around the world and offer brief examples of | | |each and their implications for international management. | | |
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1. Discuss the concept of corporate social responsibility. What role does it play in the relationship between a company and its host country? (Course objective 1) International social responsibility is the expectation that MNCs concern themselves with the social and the economic effects of their decisions regarding activities in other countries. An MNC’s stance on international social responsibility determines how harmonious and productive its long-term relationships with host countries will be
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(for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures and foreign investment. Dumping Selling products in a foreign country at lower prices than those charged in the producing country. Licensing: A global strategy in which a firm (the licensor) allows a foreign company (the licensee) to produce its product in exchange for a fee (a royalty). Contract Manufacturing: A foreign country's production of private-label goods to which a domestic company
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Business ethics relating to Corruption Chapter 1 Introduction: What Corruption is and Why it Matters? People everywhere are more concerned than they ever have been about corruption and business ethics. This represents social changes that are occurring everywhere, though to different degrees. Partly this may be due to the pioneering efforts of the organization transparency International, which has not only spearheaded the fight against corruption, but has made it possible to gauge and compare
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