Ethical Dilemmas Of Doing Business Against The United States

In today’s ever changing and competitive modern world of business, it is critical for the companies to have activities internationally. In order to prohibit frauds and illegal activities, several acts and documents have been elaborated. One of the documents is Foreign Corrupt Practices Act that has been enacted in the 1970’s, as a result of SEC investigation of several U.S. companies that made illegal payments to foreign governmental officials, politicians, and political parties (Barnes 73). The FCPA had a critical impact on the way U.S. firms do business. Companies that did not comply with FCPA have been subject of criminal and civil enforcement actions that later resulted in huge fines and sentences for

When U.S business are thinking about going abroad, they need to be aware of the other country’s laws and regulations. “All businesses must, of course, follow the laws of the countries in which they are physically present and operating. Businesses may also be required, even in their foreign operations, to continue to follow certain laws of their home country. Also, businesses operating across national borders will also be subject to international law (Tony McAdams, 2014)”.

Doing business overseas takes time and patience. It requires new relationships to be established; therefore, it is important to have an established business model that works according to plan. The most favorable markets are politically stable developed and developing nations with free market systems, low inflation, and low private sector dept. The less desirable markets are politically unstable developing nations with mixed or command economies or developing nations where speculative financial bubbles have led to excess borrowing.

It is clear that companies need to know what is and what is not legal in order to trade successfully. If an organization trades globally this becomes a very tricky area to get right as each country has its own set of rules and regulations.

Was the war in Iraq a means to improve national security or a conspiracy to seek personal satisfaction? On March 19, 2003 a war was waged under public scrutiny, to destroy the Baathist regime headed by the Iraqi leader, Saddam Hussein. This pivotal point in United States history marked the beginning of public concern about political corruption within our government as a means to convey personal satisfaction.

Author Scott Nette clearly explains that in July 2007, Anthony Tesvich, Melissa Tesvich, James P. Robinson and Ronald K. Jonston was Investigated, charged and convicted on the Foreign Corrupt Act. “The Foreign Corrupt Act States that it is illegal for an US person, entity and certain applicable foreign entity to make and/or accept bribes or offer any inducement for the purpose of obtaining or retaining business with an US firm.” – Scott Nette

When westerners are doing business in the any region of the world, it is important to

A great amount of uncertainty centers on whether S&V should branch out and start doing business internationally. ”Businesses may be required, even in their foreign operations, to continue to follow certain laws of their home country” (McAdams, 2015). One US law that should be paid close attention to when operating internationally is the Fair Corrupt Practices Act. The reason for this act is to prevent US companies from partaking in the act of bribery. Hence a business can’t bribe the foreign government to make business decisions that would benefit them. If bribery is enacted, there could be penalties inflicted on the company. Business owners may be shocked to learn that they can’t export anything that they please. There are two laws,

International business meshes across multiple domains most notably market entry strategies and sociocultural variances. Factoring in those two critical aspects and giving them the right amount of attention is the separating line between success and failure. Terralumen, Blue Ridge, and Delta are all successful companies; However, by not observing the basic requirements of

Since the post-occupational period of Japan in 1952, United States troops and military bases throughout the Okinawa Prefecture, and parts of mainland Japan, have been essential to assure peace and stability within Japan as well as East-Asia. Located in the East China Sea,

A lot of people all over the world have a hope that political action is being played out correctly so that they are safe. A large aspect of international politics is the capitalist finical system because of the United States large role in the world. America has spread their business all over the world which has caused mass globalization, and has also lead to china becoming a massive world leader also. With America being so heavy in the world their business is not just important to their citizens but also to people all over the planet. This is why American business has to be watched so closely.

In doing business so many times an organization must think globally. This might be done to increase sales and/or profits or to lower labor costs. In either case problems can occur due to ethical and cultural barriers in global expansion. In this paper I will attempt to show some of what a global organization and a cultural issue that affects their interactions outside the United States by identifying and comparing some of these cultural differences.

In order to satisfy the necessity requirements, the responding government must demonstrate that violating its investment treaty obligations “is the only way for the State to safeguard an essential interest against a grave and imminent peril.” Moreover, the breach must not “seriously impair an essential interest of the State towards which the obligations exists”. In LG&E, the tribunal determined that “economic, financial or those interests related to the protection of the State against any danger seriously compromising its internal or external situation, are also considered essential interests.” The tribunal in Enron, on the other hand, acknowledged the severity of the crisis but held that it had not compromised the existence of the State.

International business is much more complex than operating within the domestic market because countries are extremely different in many ways. The