The Legal and Ethical Environment of Business
Professor Lisa Smart
September 03, 2012
Just about all of our companies in the United States do business worldwide. Many companies trade and work with companies that are in a variety of other countries and conduct international business. My company is currently engaged in business activities both nationally and internationally. We have heard that a few of the international countries are experiencing riots, strikes by their citizens, unconfirmed violence against their people by government, and other atrocities. We have all our physical facilities and products insured. Our company wants to ensure that all our employees will be safe and secure. My job is to investigate and see exactly what is going on in the countries. We want to do the ethical actions needed to keep our company and let our employees know we care.
International Law and Business
Just about all of our companies in the United States do business worldwide. Many companies trade and work with companies that are in a variety of other countries and conduct international business. “International Business is a broad term, which refers to all business activities that involve cross border transactions of services, goods, and resources between two or more nations.” (An Easy Explanation to International Business, 2011) A set of laws and treaties have been established both national and international throughout the years to protect business owners and investors when they are conducting business worldwide and outside of the country. Informing yourself and your company about the country you will be working with is the key to a successful company. Man times it is best to know and understand the laws of the country you will be working with beforehand because at times the country’s laws are the issue and can tend to have jurisdiction. A company must be aware of all activity...