Addressing International Legal and Ethical Issues After taking the simulation CadMax company is faced with several types of legal, ethical dilemmas in entering into a business contract overseas. These dilemmas can occur in several different areas as the country of Candore is a dictatorship, and they are currently in the process of becoming a WTO signatory. When a company is going into agreement with a business with a variable political and economic structure the international law system can face many obstacles CadMax and Gentura are entering into a contract where CadMax is getting the global marketing rights for their medications and Gentrua will receive the technological knowhow to produce these products. The laws that would
Skloot’s purpose of telling Lack’s story does not come without the terrifying discovery of human experimentation. Researchers claim their experiments are for the greater good, but when they walk on a thin line, they will inevitably trample on both sides. According to the School of Law at Northwestern University, people who “violate bodily integrity and autonomy are routinely punished,” and yet scientist will escape unethical situations will only a slap on the wrist (99:1). Uncovering facts of Henrietta’s immortal life, Skloot indirectly poses the argument of medical malpractice. The medical experiments conducted during the nineteen forties and fifties were very controversial.
Given the recent misbehavior in the U.S. business world, a reasonable person might wonder just how unethical American business really is. Do the misdeeds simply involve a few “bad apples”: a smattering of corporations that make the rest of American business look bad? Or is the problem much broader than that? Further, if it is a widespread issue, what needs to be done”? Even though I found many interesting facts about the 40 Fortune 100 corporations in this article I chose Coca-Cola’s unethical behavior in India and the issues they are having there with Coca-Colas excessive water usage to discuss.
Ethical Challenges and Agency Issues Debra Novy ACC/557 June 4, 2012 Cynthia Reyburn Ethical Challenges and Agency Issues Ethical Challenges-Timely Reporting The ethical challenges faced with timely reporting in reference to budget problems mostly stem from the lack of communication or failure to provide for unforeseen challenges to meet the deadline. The planning phase of an audit should take into consideration the possibility of challenges beyond the parameters set in completing the audit. The auditors should provide exception statements in their estimates to address how the unforeseen issues will be handled. The case states that the client initiated a new set of procedures with regard to product costs. The auditor’s estimate did show extra time to address that portion of the audit.
International Legal and Ethical Issues Keith Shaheen LAW 421 January 17, 2013 Simone Tyler International Legal and Ethical Issues Setting up a contract between Cadmex Pharma; in the United States and Gentura in the country of Candore; must be mutually beneficial for both companies. The contract should protect the rights of a company against any disagreements or disputes. American business in foreign countries will need to consider the different cultures, customs, ethical differences, international laws, and political situations when negotiating any contracts. Both companies will have to determine which laws to follow when attempting to resolve any disputes. In this scenario there are two types of laws to choose from are,
1. Why is it important to focus on ethics in a global business management course? It is important because every multinational company and multinational managers face ethical challenges when operating in a foreign country. Multinationals engaging in questionable behavior receive bad publicity and can lose goodwill. Also multinationals can get sued and suffer losses.
It state that without effective education in the business environment in other counties, employees and business partners are more likely to make incorrect judgments by putting themselves as well as the company at risk of a infringement. The United States companies and their representative and subsidiaries offices must establish strong interior accounting control. The U.S. employers also must ask the tough questions of employees and must work with the persons to come out with a legal solution that still allows them to be competitive. This act cannot be a one time discussion or a few comments after a preparation sitting. It should be an ongoing exchange of ideas that helps the company expand a sound approach for meeting the market necessities within the limitations of the Foreign Corrupt Process
Prescription drug ads are just a sales pitch, that is not regulated efficiently by the Food and Drug Administration (FDA), causing consumers to purchase prescription drugs based on misleading information. Drug ads informs consumers about available medications and give important information about the product, yet these drug ads can be misleading. Harmful side effects are not described in detail in the advertisement, causing consumers to know little to nothing about the prescription. Patients may find themselves requesting prescription drugs based on advertisements rather than the effectiveness of the medication. Ads use marketing tactics to create the false impression that they are educating the public.
Hunter Harper Paper 1 Indians and disease Collin G. Calloway says it is true that disease was a key factor in the depopulation of native Americans in America. Calloway reveals that the European invasion was a great factor of epidemics. The disease they fought were smallpox, diphtheria, measles, bubonic, and pneumonic plaque, cholera, influenza, typhus, dysentery, and yellow fever. The native Americans had a tough time fighting theses diseases due to lack of knowledge of cures. These cures were mostly attempted by plant or herb remedies and often failed to provide protection for the Indian population.
How The Government Plans to Reduce Drug Trafficking in the U.S Shameka Williams Pro.Hope Umansky English 122 December 06 , 2009 The nature of the drug trafficking problem is that it is problematic because it continues to sucessfully endure in definance of established domestic and international laws. This problem could lead to to other issues such as war, because one group is reaping the nontaxable economic benefits while the other group is completely left out from these benefits. A good question would be why are some drugs illegal (heroin, cocaine, marijuana, meth., etc) while others are legal (pharmaceuticals, alcohol, tobacco, etc.) ? It doen't take a rocket scientist