Reference no: EM132669739
Assignment: Please answer the below and submit in a word document. Be careful, make sure to avoid plagiarism and to use quotation marks and proper citation as required. Length should be 130 to 160 words and double-spaced. Use APA format for citations and the required References page. Remember that the significant portion of your analysis should be in your own words.
1) Stepping back a little, International Labor and Employment Issues can be a very sticky area. The question will arise EVERY time. "Human Treatment vs. Better Profits." I am looking forward to seeing how this group will approach this very sensitive necessarily important issue. When the topic of International Business is raised the issue of employment treatment and over all labor issues must be addressed. It can be done openly and with an intent of good will or it can be addressed as it has many times in the past as a "letter-of-the-law" issue managed by the "locals" with graft and disdain as the guiding parameters.
2) Some authors have stated that "...compliance with the law is a fundamental component of responsible management" (Baron). International Businesses must act responsibly in all respects as they do have social and moral responsibilities. Business management must not only have the appearance of legal compliance, but must actually be in compliance with all laws. This not only includes the obvious criminal but also a full host of international consequences caused to territorial, environmental, antitrust, securities and other applicable international legal issues. What's your thought on this?
Baron, D.P. (2013) Business and Its Environment, Seventh Edition. Upper Saddle River, NJ; Prentice Hall.
3) Looking at how companies domestic or multinational (MNC's) handle the benefits and disadvantages of using employees, independent contractors, foreign sales representatives, and distributors. Do you think these findings can be considered a model for how companies should handle these types of issue or is there room for improvement in some areas?