Let's finish up this term with a discussion about moving our personal and business ethics into the international business realm. Let's look at how ethics and laws span the concepts of all of our TCOs to date and discuss them in a realistic perspective, with particular emphasis on the multinational company and the effects of laws in other countries on business in the U.S., and vice versa. The TCO topics have been the following:
A: Ethics
B: Governmental regulation
C: Warranties and product liability
D: Contract law
E: Employment law and vicarious liability
F: Intellectual property G: Antitrust and fair trade activities
H: Corporate activities and the SEC
I: International ethics Do you see any of our TCOs in a different light now at the end of the term than you did at the beginning of the term? If so, which one(s), and
why? Also, please review Marianne Jennings' article on "Why an International Code of Ethics Would be Good" from Week 1. (The article is posted in
Doc Sharing.) To start this thread, do some Web research on a company that interests you and that is publicly traded in some stock exchange in the world.
Specifically, try to find one that operates in more than one country. Then, pick two of the above TCOs and explain how the law involving those
TCOs would make it harder or easier to operate multinationally. Explain what problems a company would have.