Intercultural Management

594 Words2 Pages
Intercultural management A global manager has to consult with the legal services in order to comply with the host countries legal parameters. This is imperative for long-term relationship between such corporations and the host country's government. This enables managers of international corporations to find legal recourse incase a problem arises. Such problems can only be addressed through local interpretation and enforcement. There are a few exceptions in countries like China where financial and legal systems are not responsive to the demands of the international business community. In fact, it is in China where the government does not stand behind the commitments of its state owned enterprises. China has a reputation for protecting its powerful companies. The zeal with which China pursues foreign trade is not commensurate to its resolve to embrace global legal norms (Deresky, 2011). Pieces of legislations enacted in countries where international corporations operate grossly affect their operations. International laws also affect the operation of such businesses. In fact, there are local laws and international laws that international corporations have to adhere to. International laws govern relationship between sovereign countries. United Nations Convention on Contracts for the International Sale of Goods is one such international law that spells out the rights and obligations of sellers and buyers. The countries that have adopted this convention are duty bound to abide
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