Addressing International Legal and Ethical Issues Simulation Summary What are the issues………..international When a U.S. company has decided to enter into business with a foreign company the same binding bases of business is applied. The base of business is the same contract that would bind companies to agreements in the U.S. Possible disagreements and disputes are expected in the international trade sector. The reality is that the contract that binds the companies to the original agreement, is used to settle these disputes without further legal action. The U.S. company wants to protect its interests by making sure that the contracts are enforceable in the foreign country. Considering the foreign companies culture and ethics in business transactions
By using proper telephone etiquette it will aid you with leaving callers with a favorable impression of you, and the company in general. When answering the phone, you become the face of the company. How you handle the call from start to finish will leave a neutral, good or bad taste in the customer's mouth. If the call leaves a bad taste in the customer's mouth, you may lose his business. For this reason, it is best to make sure each call received is handled with excellence.
If we don’t follow the laws, regulations, and conventions then we take responsibility for the action and accept the consequences. The fifth CRT principle speaks of support responsibility to globalization. The business should support improvement of domestic rules and regulations where they unfairly get in the way of global trade (Caux Round Table, 2003). This could be compared to White’s second guideline regarding honesty. Even though we will often be unsuccessful, our objective must be total honesty (White, 1978).
Decision making with your employees will let them gain respect for the leader and become more determined. This style will bring strength between you and your employees. Laissez-Faire-This style is used when the leader is lazy or distracted, it’s more of a you do what you want style. This style can be used when the team is highly capable and motivated, it’s when the team doesn’t need close monitoring or supervision. This style can cause failure when the leader expects the group to make the decision between themselves when they are un sure about what they need to achieve and how they need to accomplish the task.
Value and cost of information. Competent marketing researchers show concern for estimating the value of information against its cost. Value/cost evaluation helps the marketing research department determine which research projects to conduct, which research designs to use, and whether to gather more information after the initial results are in. Research costs are typically easy to quantify, while the value is harder to anticipate. The value depends on the reliability and validity of the research findings and management's willingness to accept and act on its findings.
The inability to look past the right choice to the most beneficial one, the obligation to right versus wrong, and the idea of equality in the workplace may result in problems in the workplace for a person who holds these values within the obligation category. With this said, it is certainly valuable to know the individual ethical style and perspective held when entering a business atmosphere. This would allow for easier transition of ethical dilemmas into issues that can be accepted by everyone involved. This, in turn, would provide a better atmosphere for the company, the employees, and ultimately the
Some of the challenges that arise when communicating with different cultures are difference in communication styles, attitudes towards conflict, decision-making styles, and approaches on tasks. It is important we accept each and everyone’s differences. Non-verbal communication may be more effective when dealing with different cultures and languages. Effective communication requires special attention and consideration from each party. When cultural barriers exist, one must rely on nonverbal communication to relay the correct message.
They can value and celebrate differences in others rather than maintain an ethnocentric stance and can demonstrate comfort with differences between themselves and others. They have an awareness of personal and professional limitations that may warrant the referral of a client to another victim service provider or agency that can best meet the clients' needs. Self-awareness also helps in understanding the process of cultural identity formation and helps guard against stereotyping. As one develops the diversity within one’s own group, one can be more open to the diversity within other groups. Cultural competence also requires victim service providers to appreciate how workers need to move from cultural awareness to cultural sensitivity before achieving cultural competence, and to evaluate growth and development throughout these different levels of cultural competence in practice.
Supreme Court. "Because our population is diverse, and because of the increasingly global reach of American business, the skills and training needed to succeed in business today demand exposure to widely diverse people, cultures, ideas and viewpoints," the companies -- which included Microsoft, 3M Co., Eastman Kodak Co., Lockheed Martin Corp. and Pfizer Inc. -- wrote in the court brief. "Employees at every level of an organization must be able to work effectively with people who are different from themselves. (The companies) need the talent and creativity of a work force that is as diverse as the world around it." The increasingly global nature of commerce makes it imperative to have employees who understand various cultures, said Joyce Tucker, vice president of global diversity for Boeing Co.
axia university bcom/275 | Cross Cultural Communication | | | Marc Gregory | 11/16/2012 | | There are many ways Japan’s business environment differs from that of the U.S. Japan’s culturally accepted modes of communication, and the expectations reflected are the base of the values of its society. Accordingly, any presentation with Japanese persons conducting business in the U.S. or Japan should follow certain guidelines; so to should business conversations. It is important to remember that confrontations should be avoided at all costs, as they can end a business relationship and even prevent partnerships with other American companies. In learning Japanese customs, American businesses should understand that