Preview

Vietnam

Good Essays
Open Document
Open Document
417 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Vietnam
Stacy Edelman

Chapter 2 Questions

1. In what ways do Different ideologies and political systems influence the environment in which MNCs operate?

In each country has there are own government controls and laws that have to be followed.

You have to take the countries religious views into consideration.

Whether the company is domestic, national, international, large or small political factors of the country it is located in will have an impact on it.

A government could restrict a company's activity by intimidating and banning activities.

2. How do the following legal principles impact MNC operations.

1. The principle of sovereignty:

An international principle of law which holds that governments have the right to rule themselves as they see fit. Implies that one countries court system cannot be used to determine wrongful conduct or impose penalties in another unless that country agrees. Each country has it's own rules and if that person was a U.S. citizen working in a different country and was providing equal opportunity, the employee has no right to sue the employer.

2. Nationality Principle: Recognizes a nations interest in maintaining some degree of control over it's citizen residing in different countries. Managers who violate American foreign corrupt practices when traveling could be found guilty in the U.S.

3. The territoriality Principle: accepted in the united states but not in all countries. each country has the right to it's own jurisdiction within it's legal territory. ex.) If a German firm sells a defective product in England , they can be sued under English law.

4. Protective Principle: Every country had jurisdiction over behavior that adversely effect its national security. ex.) a french firm that sells blueprint to a satellite is subjected under U.S. laws.

5. Principle of Comity: A law that says there must be mutual respect for the laws, institutions, and governments of other countries in the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    When the United States (U.S.) entering into an agreement with another country it is important that the U.S. Company confirms that the contract is legally enforceable. With international business transactions each country needs to be aware of any international laws and legislations. Both parties should also be aware of changes that are made to international laws and regulations.…

    • 547 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Vietnam DBQ

    • 650 Words
    • 2 Pages

    The Vietnam War began in 1956 but the United States campaign began in the early 60’s. The Vietnam War heightened social, political and economic tensions in the United States with events such as the Gulf of Tonkin incident, the Kent State massacre, and the war powers act.…

    • 650 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Conforming to the culture and abiding by the laws that are set in that country are essential to that business and its success. A company needs to know how to resolve issues that will come up in the daily running of the business. Being sensitive to religious and cultural norms will not only help with the moral of employees but the community as well. Adhering to the contract in which the company agreed upon will help avoid any legal action being taken against them. By following the laws and cultures of the country the business resides in will ensure success of the company and future dealings in that…

    • 1481 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    History Vietnam

    • 419 Words
    • 2 Pages

    * There where many affects that impacted Australia on the Vietnam war ranging from the veterans psychologically and physically, their families whether it’s the loss of their son and husband or the damage inflicted on them psychologically and physically taking care of them for the rest of their lives or/until they are able to sustain by themselves. The biggest impact of the war was on the vetrans themselves. The things they seen and had to do some without a true explanation drove them insane with guilt and confusion.…

    • 419 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Interesting to note, there are many regulations that must be followed by each…

    • 703 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    I have not directly discussed the management practice and styles in both organization, I have discussed the environmental factors, ethics and social responsibility and cultural dimensions of the MNC’s which will reflect in their managerial practices.…

    • 8566 Words
    • 35 Pages
    Powerful Essays
  • Better Essays

    The influce of environmental forces on the firm's performance - e.g., social, political, economic, technological and competitive forces. (ch. 3)…

    • 1169 Words
    • 5 Pages
    Better Essays
  • Better Essays

    i. As a result, this principle usually invoked only when there are so-called victimless crimes…

    • 1363 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Laws Affect Business

    • 2382 Words
    • 10 Pages

    As business is an indispensable part of life there should have some rules and regulations to control and operate it in a disciplined way. In order to do so business laws have been introduced. And in the present world business firms must operate within the boundaries of laws and government regulation.…

    • 2382 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    IB LEARNER PROFILE

    • 333 Words
    • 2 Pages

    We act with integrity and honesty, with a strong sense of fairness and justice, and with respect for the dignity and rights of people everywhere. We also take responsibility for our actions and their consequences.…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Cambodia

    • 1995 Words
    • 8 Pages

    Nāga is a Cambodian legend where the Naga were a reptilian race of beings who possessed a large empire or kingdom in the Pacific Ocean region. The Naga King's daughter married the king of Kambuja, and gave rise to the Cambodian people. Today, Cambodians say that they are "Born from the Naga".…

    • 1995 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Burma

    • 1624 Words
    • 7 Pages

    Since the Myanmar ancient times, there has been full freedom of worship for followers of Burma religions in Myanmar. So many different religions can be practiced in Myanmar. Buddhism is practiced by almost 90 percent of Myanmar religion Burma's population, with the Myanmar Theravada Buddhism School being the most prevalent. It has a firm hold in Myanmar's culture along with an observance of animism, or the worship of ancestors (nat). In Myanmar culture, there are many Myanmar festivals and celebrations held that correlate with nat. Nat also has influence on the practice of Myanmar traditional medicine in Myanmar religion Burma.…

    • 1624 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Sovereign Immunity

    • 5113 Words
    • 15 Pages

    The case titled Schooner Exchange v. McFaddon , wherein the US Courts had refused jurisdiction over a military vessel of a friendly State which had entered the port of USA, was arguably the first judicial decision to interpret the customary rules of international law and conclude that all states enjoy equal sovereignty and thus can only be sued in their own local forums. It is often referred to as the official recognition to the doctrine of “Absolute Sovereign Immunity” . As the name suggests absolute sovereign immunity is the application of the doctrine without any qualifications or restrictions. Up till the 2nd World War Sovereign Immunity was granted, by the common law countries, in absolution as a gesture of comity between states. While on the other hand, the practice of civil law countries such as France and Italy was to grant sovereign immunity only if the same was granted by the state in question i.e. in reciprocity.…

    • 5113 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    A world without boundaries driven by the rapidly growing business, has blurred the boundaries of jurisdiction between countries. With the rapid development of technology and the efforts of each country to become more open to capital inflows from other countries, it has encouraged the business world to create new schemes in running its business, where the presence of physical forms in a country becomes irrelevant. A legal entity or an individual may control and have control over an immovable asset in another country without having to be present in that country. In its development, the transfer of control over immovable assets in a country can even occur outside the territory of the location of the immovable assets. Furthermore, various immovable…

    • 1120 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The first central legislation on Juvenile Justice was passed in 1986, by the Union Parliament, providing a uniform law on juvenile justice for the entire country. Prior to this law each state had its own enactment on juvenile justice with there being differences in the way juveniles were treated by different state legal systems. The Juvenile Justice Act was thus passed to provide care, protection, treatment, development and rehabilitation of neglected or delinquent juveniles and for the settlement of certain matters related to and disposition of delinquent juveniles…

    • 1509 Words
    • 7 Pages
    Good Essays