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In this chapter you'll discover some of the concerns international business managers have to deal with in terms of what is legal & illegal; and what ethical & unethical business practices in foreign countries. You'll be introduced to the concerns of human rights practices, employment hiring & firing practices, environmental pollution in foreign countries, and in particular the issue of foreign corrupt business practices. What may be corrupt in one country; may be acceptable practice in another (i.e. bribes, and copyright infringement among others). You'll learn about the Foreign Corrupt Practices Act (US law) and the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. If you have yet to learn in other courses; for all you economic philosophers out there, you'll discover David Hume, Jeremy Bentham, John Stuart Mill, Immanuel Kant, and the Friedman Doctrine and his approach as the responsibility of businesses regarding business and ethics. Some of you may agree or disagree. More and more businesses both US and foreign are incorporating codes of ethics in their web sites, annual reports, and public relations literature. See: www.johnsonjohnson.com or (www.jnj.com), click on Our Company, and click on Our Credo for what they refer to as a moral compass. Question: Should US companies adopt the business ethics practice of "when in Rome; do as the Romans do" ?
Design specifications require that a key dimension on a product measure 100 ± 16 units. A process being considered for producing this product has a standard deviation of six units. What can you say (quantitatively) regarding the process capability? W..
Therefore, financial stability is Essential and it replicates the readiness of the organization to sustain in the competitive environment.
Develop a Graphic Rating Scale for a retail sales associate and a fast-food restaurant manager.
Organizational Structure is a key element in getting firm capabilities and resources to work right for you. Choose any of the organizational characteristics of MNC's (Formalization, Specialization, Centralization) discussed in the book and give an ex..
Discuss how this initiative impacts one or more of the competitive forces in the organizations environment.
Distinguish Douglas McGregor’s Theory X and Theory Y from Fredrick Herzberg's Motivators and Hygiene factors theory.
Describe the "conditions that give rise to unethical business strategies and behavior".
Which recent marketing communication campaign do you see as most appealing? Why? Who was the target audience? What was advertised? And how specifically? What were the reactions of consumers? Be specific, please.
What is the relationship between strategic thinking and strategic management?
Should federal authorities be allowed to gain access to Americans’ business records (e.g., banking records) in the name of homeland security?
how does Dell describe how an efficient supply chain can result in increased competitive advantage for this company.
Define the scope and boundaries of the plan. Research and summarize compliance laws and regulations that pertain to the organization.
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