What are the legal factors that also impact what organizations can do internationally.edited

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Saint Mary's College of California *

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Management

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Nov 24, 2024

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1. What are the legal factors that also impact what organizations can do internationally? Conducting international business operations are several benefits that investors enjoy. However, several legal issues affect these operations. One of these legal factors is tax. This factor varies between countries, and investors are forced to seek advice on tax structuring to minimize tax obligations and international transfer pricing rules that affect such businesses (Hue, 2023). Other factors that affect international businesses are foreign laws, politics, policies and diplomacy. Investors need to stay updated with news and current affairs of the country of interest. International businesses are also affected by Employment legislation like child labour, minimum wage, Intellectual property and recruitment, among others. The international companies that intend to operate in international market needs are affected by localization terms (Hue, 2023). These farms should ensure that business terms are localized and expressed in the local language. 2. What is RADAR, and how can it help an organization deal with ethical issues? Recognize, Assess, Decide, Act, and Review Results are the acronyms for "Radar". The organizational ethics radar model was created to offer a unique strategy for effectively addressing the difficulties in managing organizational ethics. Radar offers a framework for describing, grouping, and responding to important issues in organizational ethics (Romford, 2021). The Mandt System offers the RADAR model to help people become situationally aware and make wise decisions in potentially hazardous circumstances.

3. In what ways do you see your organization's leadership supporting ethical decisions and undermining ethical decisions? The supplement business organization I am working for supports ethical decision-making by ensuring that customers are explained all the benefits and possible side effects associated with every supplement so that they make informed decisions when purchasing them. The company also ensures that they follow the rules for issuing performance-enhancing drugs, including doctors' prescriptions and provisions of any legal licensing/ permissions where applicable. The company ensures that illegal supplements and performance-enhancement drugs prohibited by different regulation authorities are never stocked. Another way that this company supports ethical decisions is by ensuring that there are strict and clear rules regarding staff appreciation, commonly known as tips, to ensure that these are not used to shield corruption or confused with it. 4. In what ways do you see your organization operating in a socially responsible manner? In a socially irresponsible manner? As a sports and nutrition supplement company, my business organization has been participating in community activities like sponsoring school tournaments. The organization also organizes bodybuilding competitions with other institutions to support bodybuilding sports and talents in the local communities. This company has sometimes been associated with social irresponsibility, involving improper waste disposal. However, this issue was solved after several complaints from community members.

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