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S. International Industries could face a situation like this. The existing legislation does not require safety equipment in one country that is standard in most countries. The company then needs to decide on a choice between using the safety equipment anyway or squeezing that last $500,000 in profit out of the well.
Ethical dilemmas occur frequently in business. They arise out of the conflict between two reasonable but mutually exclusive objectives. In each of these situations, the laws act as the source of ethical guidance, but that is not always the case. The ethical standards of one region do not always apply in other regions. This can be seen in international business with bribery, nepotism and the cultivating of political influence. For International Investments, such issues are going to occur constantly, given the businesses in which the company operates. It will be necessary for the company to develop an ethical imperative in...
Some of the options are utilitarianism, deontological ethics, the legal and moral standards of the home country or the legal and moral standards of the foreign country. For the cruise ships in particular, the decision as to which country's ethical standards needs to be determined -- the standards of the country in which the ship is registered, in which the majority of crew and passengers are from, or the nearest point of land. Whatever is decided, the ethical standard must be applied fairly and evenly.
Works Cited:
EPA (2009). Cruise ship discharges. Environmental Protection Agency. Retrieved May 8, 2010 from http://www.epa.gov/owow/oceans/cruise_ships/
Works Cited:
EPA (2009). Cruise ship discharges. Environmental Protection Agency. Retrieved May 8, 2010 from http://www.epa.gov/owow/oceans/cruise_ships/
Business Plan for E-Commerce Product Overview/Summary Description Situation Analysis In the contemporary, there is a great need for consumer satisfaction and ease of access to products. With the advancement in technology, consumers demand for easy accessibility to products and service. The e-commerce product and service offering being presented in this case is mobile money transfer. It will be referred to as c-money. Basically, the consumers will be able to transfer funds through their
Business Plan: Bridal Salon Business Products and services Keys to Success Company description Vision Statement Mission Statement Company background Products and Industry Product Description Industry Description The Market Market and Target Customer Market Segmentation Target Market Strategy Competition and Competitive Advantage Curbing Local Competition Curbing Regional Competition Marketing Strategy Overall Strategy Sales Plan Competitive Plan Research and Development (Growth Plan) The Organization Legal and Organization Structure Key Personnel Related Service Providers Location The Financials Critical Risks Income Statement Cash Flow Projection Balance Sheet Assumptions References Executive Summary Introduction Pace-setter is a bridal salon that rides on the theme of 'experience'. It creates an environment in which
Business Plan for a Financial Divorce Software Business Plan Divorce Software Business Plan relating to the Sales of a new Financial Divorce Software. Business Plan relating to the Sales of a new Financial Divorce Software F F1 F2 F3 G1 G1(a) G1(b) G1(c) Business Identification Keys to Success Company Summary Industry History Legal Form of Ownership Location and Facilities Management Structure Products and Service Market Analysis Target Market Industry Analysis Competitive Analysis Market Strategy Ps of Marketing Price List Selling Strategy Sales Forecast Implementation Strategy Overall Strategy Implementation Control Plan Financial Statements and Projections Revenue and Cost Estimate Forecasted Profit and Loss Statement Forecasted Balance Sheet Financial
Business Proposal Economic ( business proposal ) Option Elms hotel and spa operated only as a hotel in the previous years but it's due to offer spa services after renovation. The number of customers that visited the premises asked for spa services hence the need to include the services. The market for hotel and spa services is wide ranging from those who visit the premises only for a day to those who
We can use this opportunity to establish loyalty among our existing customers, develop referrals among our customers to their colleagues, and establish our brand and credibility as local suppliers of organic fertilizer of high quality and at a good price to our market. With this in place, it will be difficult for any new market entrants to displace us in our local area as the main suppliers of organic
Business Description Definition of the Market Description of the Products Organization and Management Descriptions Marketing Strategies Financial Management This paper presents business plan for a new leather garment manufacturing and retailing business. The business is being set up with an initial capital outlay of $53 million. The paper starts with a brief description of the business; its target market and product offerings, and then proceeds by proposing organizational and management strategies, marketing strategies, and financial management