Unit 4‚ P5‚M2 Jorg Wigmans Explain the Legal and ethical issues in relation to the use of information. The explanation needs to include how the business complies with current legislation and how they deals with ethical issues by means on policies and codes of practice. Legal issues: Presenting a couple of situations in which Hugo boss has to cope with legal issues. For instance: Hugo Boss does not use its market position to obtain advantages for itself by dictating prices or refusing to supply
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General Motors Case Study #3 Problem Summary: One of the most serious problems that GM faces is when the firm announced a $10.6 billion loss‚ which was their first in 12 years. The auditors for General Motors even thought that the firm’s survival was in substantial doubt even if they received the additional $30 billion they were going to borrow from the federal government. The problems have grown as a result of mistakes by GM’s management over the last 30 years. They built up a bloated bureaucracy
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not always easy especially when the legal aspects are not always the same. When resolving legal disputes in international transactions there are some issues that will occur. The issues are making sure the contract is legally enforceable‚ the contract protects the company interest in the foreign country against all eventualities‚ knowing the political situation and the international laws and ethical differences in such business transactions. Foreign countries legal actions are not the same as the US
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Kent has to deal with some ethical and possibly legal issues in the marketing of his game “Lucky”. Ethically he has to figure out if it is acceptable to market a game that focuses on nudity‚ violence‚ and gambling. As far as legal issues‚ is it legal to market these things in foreign countries and even online. If they can market this game in other countries they will have to change portions of the game for each of the countries that Brad has looked into targeting. Kent has basically two options
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Addressing International Legal and Ethical Issues Simulation Summary LAW/421 * What are the issues involved in resolving legal disputes in international transactions? All contracts that deal with outside countries must be able to have some type of legal implementation (Melvin‚ 2011). There has to be some type of enforcement on the contract or it may never be resolved. * What are some practical considerations of taking legal action against a foreign business partner based in another
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International Legal and Ethical Issues What are the issues involved in resolving legal disputes in international transactions? The understanding of international legal and ethical issues plays a critical role in the success of global business because it can help during challenging times through the business transaction. Issues such as politics‚ legislations‚ clashes of interest‚ local laws and culture must be taken in consideration during international transactions since they can affect in different
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When addressing a legal dispute in international transactions views in changes in legislation‚ clashes of interest and ethical dilemmas must be taken into consideration and acknowledging of the local culture is also paramount to a successful solution to a legal dispute. One practical consideration is to implement an A D R in case a legal action is necessary; it’s less costly and expeditious than settling in local courts and both parties may suffer less red tape when dealing with governments that
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Ethical and Legal Viewpoints Geneva Moore Grand Canyon University Abstract Professional counselors are always confronted with “ethical dilemma” that arises from conflicts in maintaining standards of right or wrong in specific counseling practice. Therefore‚ counselors must be alerted to the professional ethical standard and use it as a guidance in rendering services to the clients. This paper will discuss volunteerism; the legal issues that can surface from volunteering‚ the legal
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then you will conclude that it is not on the right strategic path. The essay should be about 1‚000 words in length. No need to list references. The essay will be due on October 21. Do not submit a hard copy. Send me your essay by email. General Motors Company
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Zhenzhen Xu BUSN290 Professor Craig Johnson Oct. 2‚ 2013 In chapter 1‚ I get to know five widely used ethical methods that are Utilitarianism‚ Kant’s Categorical Imperative‚ Rawls’s Justice as Fairness‚ Confucianism and Altruism. I choose Utilitarianism to compare with Confucianism. Utilitarianism is what we should consider both short- and long-term consequences when we make some ethical choices. The goal of Utilitarianism is to expand profits as possible as they can. In other words‚ it is a
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