FIN 403: Global Finance Environment
Global Finance Environment Paper
Erick Camacho
FIN/403
February 3, 2013
Dr. John Halstead
Global Finance Environment Paper
The three major drivers of globalization are market, technology, and government. Market drivers have impacted large multinational organization like Apple and Microsoft in a positive way by providing consumers worldwide with its products and services through technology and innovation. With market drivers universally available to so many regions of the world, consumers are able to purchase various products from major corporations via Internet or in person, all thanks to globalization.
Today’s information technology drivers are superior compared to the past. For example, individuals can resource, request, analysis, order materials, parts, products, and services with just one click of the mouse from the internet on a computer from half way around the world and have that material, part, product, or service delivered to their place of business in a timely manner. Telecommunications technology is superior as well, individuals can …show more content…
Over-lending or lending without adequate collateral should not be done. There may be excellent investment opportunities, but unless these pass all the tests laid down by the company, the investment should not take place. From the deontological ethical perspective, it is the duty of the managers of a global finance firm to protect the interest of the shareholders of the firm. On a different level, a global finance firm should not practice discrimination or victimizing some foreign firm because of certain violations. For this, usually the governing parties make these decisions and take the appropriate actions when necessary. As long as companies are practicing the same ethical financial standards abroad as they do at home, there should not be too many issues regarding wage and fair labor
Erick Camacho
FIN/403
February 3, 2013
Dr. John Halstead
Global Finance Environment Paper
The three major drivers of globalization are market, technology, and government. Market drivers have impacted large multinational organization like Apple and Microsoft in a positive way by providing consumers worldwide with its products and services through technology and innovation. With market drivers universally available to so many regions of the world, consumers are able to purchase various products from major corporations via Internet or in person, all thanks to globalization.
Today’s information technology drivers are superior compared to the past. For example, individuals can resource, request, analysis, order materials, parts, products, and services with just one click of the mouse from the internet on a computer from half way around the world and have that material, part, product, or service delivered to their place of business in a timely manner. Telecommunications technology is superior as well, individuals can …show more content…
Over-lending or lending without adequate collateral should not be done. There may be excellent investment opportunities, but unless these pass all the tests laid down by the company, the investment should not take place. From the deontological ethical perspective, it is the duty of the managers of a global finance firm to protect the interest of the shareholders of the firm. On a different level, a global finance firm should not practice discrimination or victimizing some foreign firm because of certain violations. For this, usually the governing parties make these decisions and take the appropriate actions when necessary. As long as companies are practicing the same ethical financial standards abroad as they do at home, there should not be too many issues regarding wage and fair labor