Discuss the notion of the "social contract" and how that might be considered in management's decision to pay higher taxes to the company's home country or to shop for a country that imposes lower taxes, then relocate the company's headquarters there
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Discuss the notion of the "social contract" and how that might be considered in management's decision to pay higher taxes to the company's home country or to shop for a country that imposes lower taxes, then relocate the company's headquarters there.
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- Companies and those who work for them must act responsibly wherever they go-- besides improving performance, acting responsibly and behaving appropriately promotes prosperity and peacefulness. However, when an individual moves abroad, moral reasoning becomes quite complicated. Consequences often vary due to legal differences, and what is right or wrong may depend to an extent on local values. People need to figure out how make moral decisions—and so do the companies they work for. Certainly, it is tempting to assume that there is almost universal agreement on what’s right and what’s wrong when it comes to ethical and socially responsible behavior in business. In the real world, however, managers face situations from country to country in which the whys and hows of applying cultural values are less than crystal clear. Furthermore, everything that complicates dilemmas in the domestic business environment tends to complicate them even further in the international arena, given…What do the following components of US expat compensation packages mean: Basic Compensation, Employee Benefits, and Enhanced Benefits?If your company is based in Italy and has a subsidiary in Hungary that is staffed by Hungarian workers, then the Hungarian workers represent an example of ______. A) repatriates B) parent-country nationals C) expatriates D) host-country nationals E) third-country nationals
- Is it ethical for U.S. companies to lay off workers and hire foreign workers under the H-IB program? Should foreign countries restrict the hiring of foreign workers that meet their workforce requirements?Using appropriate academic resources, assess the impact of a country's economic, demographic, and political/legal environment on business. You should select a country that you are at least somewhat familiar with. I have listed some ideas to give you a starting point on your research. You should include this information but are not limited to only this information. After you find the information on each of these three sections, write a paragraph analyzing how this impacts business in the country. Your assignment should be at least 2 pages long and you should use APA format to cite your sources. Economic Environment Economic growth data Employment data Inflation data Income distribution Interest rates Political and Legal EnvironmentWhat are the ethical implications of the following interpretations? Foreign-owned companies are guests in host countries and have no right to impose their cultural values. They are obligated to "play by the rules" by following local laws and customs. Any exceptions?
- If a manufacturing firm sources its raw materials from an indigenous tribe in an underdeveloped community, the stakeholder theory obligates the firm to make sure that the people are fairly compensated for their product. TRUE OR FALSE?The practice of "gift giving" between the parties to a business negotiation is considered right and proper in many Asian cultures. However, some Westerners view the practice as a form of bribery, and therefore unethical, particularly if the gifts are substantial. This demonstrates that what is ethical depends on one's cultural perspective. Asian countries are still influenced by totalitarianism. notions of ethics are universal. accepted employment practices are universal. Asian cultures are more economically advanced.Explain which ethical framework or frameworks you believe were used for the creation of the Paris Agreement. Which elements (Western, Eastern, and Indigenous Tribal) from any or all of these frameworks were used in the Paris Agreement? Explain. Explain how the framework or frameworks determined which nations signed on to the treaty.
- Why are expatriate employees frequently paid more than their colleagues at equivalent job levels in the home office? Why are compensation packages for expatriates more complicated than those for domestic employees?What is the country i and j? What is the company c and s?Should the company allow its foreign divisions to pay bribes if all other companies are doing so ?
