Addressing International Legal and Ethical Issues Simulation Summary Brenna Hogue LAW/421 Nikki Chtaini May 5, 2014 The simulation discussed a business agreement between two international companies, CadMex Pharma and Gentura. When one company enters into a contract with another company located in a foreign country, both parties need to ensure that the contract is legal in both countries. Defining all the terms of the contract in a detailed and explicit manner is crucially important. When both parties have clear terms of the contract, there will be less chance for any type of dispute to occur. From an ethical standpoint, Gentura faces quite the dilemma due to the rare viral epidemic currently plaguing the country of Candore, where the country is located.
Addressing International Legal and Ethical Issues Simulation Summary University of Phoenix LAW/421 August 5, 2012 Addressing International Legal and Ethical Issues Simulation Summary In January 2007, CadMex developed a technique for the quick manufacture of some medical agent. Gentura also developed a technique called ProPrez, which is an anti-diabetic agent. Gentura is located in Candore, which is a dictatorship. CadMex decided to go into business with Gentura that would give them global marketing right to ProPez. The contract needs to have measures in place to protect CadMex interest concerning property rights and potential dispute.
• What are some practical considerations of taking legal action against a foreign business partner based in another country? The practical considerations that need to be taken into account before legal actions can be taken against a foreign business based in another country are International Laws, foreign country laws, domestic laws, contracts or agreements that have been previously agreed to by all parties. Considering these options can save the business money and preserve the business relationship if all parties are aware of the contracts that were entered into and if the contract is enforceable. We would also have to consider where legal action is to be taken; as it could cost more money to take action in a particular country and this could make taking legal action impractical. • What factors could work against CadMex's decision to grant sublicensing agreements?
International Legal and Ethical Issues Simulation Summary University of Phoenix Law/421 There are a number of things a company should be aware of when getting involved in international business. A few factors ought to be considered, factors such as, knowledge of local laws, international laws, political situations which can arise and cultural differences. When a company ventures out to pursue business internationally, the importances of knowing both local and international laws are crucial. Knowing these laws; can help guarantee contracts and agreements entered, will be legal and enforceable. Moreover, it is important to comprehend the political standing of a country, in which business is conducted, in order to establish if there is at all, volatility that could change the agreement.
I would advise my friend to ask the tax preparer if he/she carries professional liability insurance. I would also tell my friend that if she has any reservations about working with this person she should find another professional with a more established reputation to prepare her taxes, preferably a CPA who specializes in tax law. If she expressed concerns about cost, I would recommend H & R Block as a low cost alternative that would be more likely to pay for an interpreter. Giving my friend this information would be consistent with tenet 2.6 which states that interpreters are to “judiciously provide information regarding…community resources without infringing upon consumers’ rights.” If my friend was willing to accommodate my work schedule, I would agree to interpret the appointment with the tax preparer because she is my friend, I would be providing a service to her, I have the time to do the assignment, I have experience in this area, and I will be compensated for my
Ethical Lens Inventory and Reflection My preferred lens is Rights and Responsibility. According to the game, I use my reasoning skills to determine my duties as well as the universal rules that each person should follow. My core value is independence and Rationality. My primary concern is protecting individual rights and believe that by doing this everyone in the community is treated fairly. I value rationality over sensibility.
Grade: A Marketing Plan: Phase II MKT421-Marketing May 2013 Marketing Plan: Phase II The second phase of Pfizer’s marketing plan consists of an overview of segmentation in the pharmaceuticals. Identifying segmentation criteria affecting the target market selection plays a considerable role in strategy planning. The next section includes a description of organizational buyers and consumers of this medication, and factors influencing marketing decisions and strategies. The final section analyzes two current competitors in the pharmaceutical industry and the competitive landscape for our medication. Segmentation Deciding on a target market for Glustasis requires specific segmentation criteria enabling the targeting market to establish; in this case the target markets consist of end-users and organizational buyers.
People have options of choosing between litigation, arbitration mediation, and a mini-trial. If people have the knowledge of the alternative dispute resolutions, they may resolve his or her case timely and inexpensive. Advantages of arbitration include no publicity, and it is usually quick, simpler, and cheaper than litigation (Newland & Associates, 2004). A disadvantage of arbitration is that either party cannot appeal. The plaintiff in the case will need to choose an arbitrator and pay the fees for the services.
Plea bargaining could also save a defendant a bunch of money since he’s not going to pay lawyers as much as going through trial and might have a better chance of getting a job which brings income and defendants might not lose their jobs. In terms of the court system, dismissing a case before trial could save more money and time and move on to other cases. Some
It is also my duty of care to encourage independence and communicate with families and other agencies (GP, social services, police) ensuring that my actions reduce risk to the service users, myself and staff members and making sure it follows all legislation and laws. 1.2- Explain how duty of care contributes to the safeguarding or protection of individuals; I should protect the rights and promote the interest of service users and staff. Strive to establish and maintain trust and confidence of service users and their family and staff. I should always promote independence for the service users whilst protecting the unable from danger and harm. I should always respect the service users wishes whilst ensuring their behaviour doesn't cause them any harm.