Addressing International Legal and Ethical Issues

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Addressing International Legal and Ethical Issues LAW/421 Contemporary Business Law

Addressing International Legal and Ethical Issues
With the increasing globalization of business, organizations are finding themselves in an global environment full of legal and ethical challenges. In some international environments, the very legitimacy of a company doing business in a specific country can be a challenge. International transactions and dispute resolution require both an understanding of the law and sensitivity to foreign culture, formal and information power structures and decision-making approaches. This paper will ethical and legal issues involved in resolving legal disputes in international transactions. From an ethical point of view, an organization seeking to expand globally should first consider whether they should conduct business in countries after researching the specific country’s sociopolitical environment. Corrupt public officials, participating in racial or gender discrimination, polluting the environment or violate the human rights of their citizens through slave or child labor or inhuman working conditions (Trevino & Nelson, 2011) is considered corporate culture in some countries.
For example, Foxconn is a multinational electronics contractor for major American, European, and Japanese electronic companies who has been involved in several controversies relating to how it manages employees in China. It is claimed that Foxconn uses underage workers and improperly dispose of hazardous waste and falsified records. Working in these conditions have caused employees to commit suicide, suicide attempts and a major explosion. As the conditions continue to get worse, Apple has decided to address the issue. It its supplier code of conduct Apple details standard on labor issues, safety protections and other topics but suppliers continue to violate…...

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