It is possible turmoil can occur between countries, if legal actions take place. If such happens, it may bar all future business activities between countries involved. Selecting the proper law clauses to agree through negotiations is vital when taking legal action against a foreign business cohort. When it comes to CadMex, the Candorean Regulations for Technology Import contracts would be the best selection (University of Phoenix, n.d.). This would be the most helpful because Candoria would most likely impose their government regulations.
Trade is what drives economies and policy. To maintain and improve quality of life, which, in my opinion, should be the objective of any civilization, it must take into account globalization. To follow the Monroe Doctrine in our world today, would make life as we know it extremely difficult to sustain. However, isolating ourselves from the rest of the world could prove
PEST Factors for FedEx FedEx Corporation, formerly called FDX Corporation, is a global management services company providing customers and businesses with shipping, trade, and marketing services. It's also very focused on the impression it leaves with the people and places it serves, so it uses PEST (Political, Economical, Social and Technological Factors) to determine its market standing and what service improvements are necessary. Political Factors * Primary political factors affecting an organization are government rules and regulations. Being an international company, FedEx interacts with various nations around the world that don't enforce tough trade regulations, granting them the privilege of getting better international services. Some other political factors of concern are political stability, industrial limitations and business standards.
Here I agree with Barna that communication is important in the world and intercultural barriers acts as major blocks to cultural diversity. However, I disagree with high anxiety is a major barrier to intercultural communication because sometimes high anxiety actually helps individuals to interact in a bid to go over the anxiety and in doing so they tend to learn individual languages. Barna has also given important strategies that individuals can use to overcome intercultural communication barriers including studying of other people customs, language, arts, literature, other factors that inhibit intercultural communication In this article, Barna has touched on one of the most important problem that every one of us has experienced at one time in life. Barna has explored the barriers to intercultural communication which is a real world problem affecting multicultural and multiracial societies. First, Barna brings out the problem of intercultural communication in the United States through review of what students from different backgrounds perceive of other ethnic groups.
They do so by taking responsibility and making appropriate changes to working facilities. As a corporation, they are interested in profit but also to retain stakeholders and maintain their ‘claim-to-fame.’ 2) What is this case about? (You can have more than one answer here; it would be good practice to try and think of more than one and then think about which of your answers is the best and why.) This case is about Nike and their unfair foreign labor facilities. In this case study, it is representative that Nike has to implement many plans and strategies to change this unethical practice.
What are some practical considerations of taking legal action against a foreign business partner based in another country? Some practical considerations of taking legal action would be the negative publicity you would receive from it. The relationship between the two countries may be damaged and hinder future business transactions. Another consideration would be the legal expenses involved. Unless the contract is fully understood and you are sure of what you are doing, the legal expenses and negative publicity involved may make the legal action not worth it.
Some of the very important factors are: Government stability effects businesses in a great range by competing with businesses to lower their costs, transparency is another important factor where anything the business does is revealed to the government and the government know exactly what they are up to. Economic policy of government on businesses is also a very essential factor that effects businesses for example, government sets up rules and frameworks according to which the businesses compete with one and another, so from time to time government changes these rules which forces the businesses to change the way of their set ups. There are also beneficial political factors that help businesses in various ways, these factors can be defined as apprenticeships and funding of schools and colleges which will enhance the skills of the population that will affect McDonalds in having more skilled workers to work for them which will
This action is a good start, so that both parties define and protect specific laws. If a legal dispute does happen both parties may wish to be aware of practical considerations before taking any legal actions. Considerations such as; the partnership, the original contract, the laws of the government that one is doing business with, future investments, and relations with the country in which the business is located. One factor that may not work in CadMex’s favor when granting the sublicensing agreement is that there is always a chance that Gentura may violate the agreement and divulge CasMex’s proprietary information to competing companies. When conducting business with foreign countries one should always be aware of the laws and customs in place of the country one wishes to conduct business with or make arrangements to do business (Delaney, 2004).
A constitution lays out the rules and guidelines that specify the abilities, rights and powers that belong to a government and the citizens of a certain country; it should provide a clear structure from which to govern. The success of a constitution is largely judged on its ability to remain strong whilst maintaining the ability to evolve to satisfy a countries needs as society changes. Flexibility is key however too much of this would cause significant disruption to a governments ability to rule and a citizens day to day life. A constitution needs to remain relevant yet rigid in order to preserve a stable government. The success of a constitution may rely on its ability to evolve however there are also many other factors that will lead to the success of a constitution.
The effects of globalisation and the increasingly multicultural nature of society have led to social, political and economic changes creating power struggles and new uncertainties in our world today. When governmental policies are unable to respond to these changes efficiently they are forced to de-regulate in order to get a grip on these new situations. However, de-regulation policies might threaten a society’s stability and nation-states will need to respond by taking new regulatory measures in order to preserve and maintain social cohesion. In order to foster cultural diversity in a multicultural society governments try to manage their public service interests through regulation hereby shaping a common national identity. This essay will therefore attempt to outline regulation and the tensions that occur between de-regulation and re-regulation in order consider how the state’s regulatory policies foster cultural diversity.