Phase 2 Individual Project for Legal and Ethical Business Class
Phase 2 Individual Project
Arin Sanders
Colorado Technical University
Participating in international business can be very risky and lucrative all at the same time. It is important to know the key factors and controllers when doing business on foreign territory. There are many things to consider when you look at day to day operations and cultural differences, but more so what you do in the event of a national state of emergency. There are always political issues, and individual problems that each country deals with within their own country. What do you do when you are faced with a state of emergency, do you continue to stand your ground, leave and only choose to reappear when things have settled, or simply stop operations all together.
Egypt has been in the news constantly since the events that took place in January of 2011. The Egyptians are in an uproar over wanting current leader Hosni Mubarak’s resignation. In the midst of protesting there have been riots that include looting of businesses and shops by vigilante groups of citizens. The law enforcement has been trumped; there have been rapes, and other atrocities that have taken place. The death toll is over 100 in just a week’s time and it is expected to get worse before it gets better. Some of the things that we should consider are what the consequences would be for staying put, and whether or not it is safe for our employees to continue to work at our locations. Essentially residents are fearful for their safety. It has gotten so bad and has been declared a state of emergency and President Obama has been asked to act and assist with ceasing all internet and mobile phone access. (Eleven, 2011)
After much research I did not actually find that the United States had a signed treaty with Egypt, which in essence means that there are no real laws of protection for those who operate their business on foreign territory. I saw many things that pertained to the business owner choosing certain aspects of the
Arin Sanders
Colorado Technical University
Participating in international business can be very risky and lucrative all at the same time. It is important to know the key factors and controllers when doing business on foreign territory. There are many things to consider when you look at day to day operations and cultural differences, but more so what you do in the event of a national state of emergency. There are always political issues, and individual problems that each country deals with within their own country. What do you do when you are faced with a state of emergency, do you continue to stand your ground, leave and only choose to reappear when things have settled, or simply stop operations all together.
Egypt has been in the news constantly since the events that took place in January of 2011. The Egyptians are in an uproar over wanting current leader Hosni Mubarak’s resignation. In the midst of protesting there have been riots that include looting of businesses and shops by vigilante groups of citizens. The law enforcement has been trumped; there have been rapes, and other atrocities that have taken place. The death toll is over 100 in just a week’s time and it is expected to get worse before it gets better. Some of the things that we should consider are what the consequences would be for staying put, and whether or not it is safe for our employees to continue to work at our locations. Essentially residents are fearful for their safety. It has gotten so bad and has been declared a state of emergency and President Obama has been asked to act and assist with ceasing all internet and mobile phone access. (Eleven, 2011)
After much research I did not actually find that the United States had a signed treaty with Egypt, which in essence means that there are no real laws of protection for those who operate their business on foreign territory. I saw many things that pertained to the business owner choosing certain aspects of the
References: Eleven, Dylan. "Riots in Egypt Show Us the Elites Tactic of Divide and conquer." Truth11. Truth11.com, 31 Jan. 2011. Web. 08 Sept. 2013. "International Law." USLegal Inc International Law Comments. USLegal Inc, 2010. Web. 09 Sept. 2013