This website uses cookies to ensure you have the best experience. Learn more

Addressing International Legal And Ethical Issues

1335 words - 5 pages

Team D

MemoTo: Cad Mex Pharma'sFrom: D-AssociatesCC: Ken Rhymes, J.D.Date: 6/3/2009Re: Potential Conflicts between Cad Mex Pharma's Legal Rights and Ethical duties.International ContractsExamining different ethical and legal rights of another country should be approached very cautiously. Many differences in culture's, ethics and litigation around the world that being aware of dictates your tone and dress is very important when it comes to gender and hierarchy. Offensive gestures, speech and position could mean that individuals give the impression of being disrespectful. In preparing for an International Trade with other Counties, conflict can and will arise during the time frame of negotiating terms and condition. In preparing such documents as an international trade contract, a balance must be presented with an understanding of the purpose. This thought out plan must be extremely clear on what the goal is and who will be involved.According to Cad Mex Pharma's history, the company has strived to develop a "cost-effective health care product" (Addressing International Legal and Ethical Issues, 2004). The company's experience in international businesses has allowed over 127 global alliances. This also includes five research centers within the United States and Europe.While preparing this international contract, make an allowance for the company having limited experience in global marketing. For example, their goals include "expanding to global markets and through strategic manufacturing and marketing alliances" (Addressing International Legal and Ethical Issues, 2004). All international business transactions must be approved by the government of Candore. Consider these factors as reinforcement of potential conflict between Cad Mex Pharma's companies.In preparing how the law will be dictated in the event the contract is not binding. The company has two choices of law to abide by. One is the Candorean Regulations for Technology Import Contract (CRTIC) and Secondly the Contract for International Sale of Good (CISG). The CISG allows both contributors to take avoiding action by disclosing established international transactions. The second choice of law is the CRTIC. This law dictates for the international technology transfer between foreign and Candoren organization. The difference in the two are one is for technology trading and the other if for the sale of goods. (Addressing International Legal and Ethical Issues, 2004)In contrast to the Cad Mex contract issue a look at one other interesting international issue is the selling of organs. The ethical, cultural and legal issues surrounding such sales are not uncommon in the medical community below we shall discuss each issue in depth.Ethics of Selling Organs
The Ethics of selling organs has raised many questions among the medical community. A contract between two individuals should be all it takes to seal the deal however, in 1984 the National Organ Transplantation Act was passed to regulate organ...

Find Another Essay On Addressing International Legal and Ethical Issues

Addressing International Legal and Ethical Issues Simulation

691 words - 3 pages the foreign country against all eventualities, given that possible disagreements and disputes are common in international trade. Besides the legal aspects of international business, American companies have to also consider the cultural and ethical differences inherent in such business transactions as well. The decisions made by CadMex provided solutions to issues that could have caused severe problems.

International Legal and Ethical Issues Essay

769 words - 3 pages Upon completion of the University of Phoenix simulation "Addressing International Legal and Ethical Issues," we as a team have outlined below several concerns that must be addressed prior to entering into any legally binding business contracts with international organizations.Addressing International Legal and Ethical Issues.Prior to entering into international contractual business agreements it is important to take into consideration the rules

International Legal and Ethical Issues

1381 words - 6 pages also followed. Legal and ethical issues may arise while conducting business in other countries. The importance of knowing what the issues are and how to resolve them will produce affective international businesses and relationships.ReferencesCheeseman, H. (2007). The Legal Environment of Environment of Business OnlineCommerce. Prentice HallUniversity of Phoenix. (2009). Week three overview. Retrieved May 16, 2009from University of Phoenix, Week Three, rEsource. BUS415-Addressing International and Ethical Issues Simulation.

Business: International Legal and Ethical Issues

1326 words - 5 pages International Legal and Ethical Issues When businesses deal globally to expand their markets they may face dilemmas which must be dealt with to avoid conflict. The types of issues many companies encounter deal with legal, ethical and cultural encounters. From our example we see the legal issues in settling disputes for international transactions can become very complex. Ethical issues concerning the workers, the culture, and the environment

International Legal and Ethical Issues Simulation

672 words - 3 pages forum that best suited the situation for the type of contract that needed to be established between CadMex and Gentura. The CRTIC set a stronger foundation for both parties involved, with regards to international technology and equipment transfer as well as protection of rights and patent provisions. CRTIC outlines specific rules for international technology transfer between foreign and Candorean businesses. The provisions of the CRTIC specify basic

Ethical, Legal, and Regulatory Issues

1059 words - 4 pages for office and owners - that any business faces" (p. 284). Whether the business caters to other businesses or consumers, there is usually a transaction or sale of a product or service. Since the Internet helps to thrust businesses into the worldwide market, businesses need to be mindful of the different legal, ethical, and regulatory issues in order to remain competitive and to avoid potential legal liability.Ethical ConcernsEthics is an important

Ethical, Legal, And Regulatory Issues

1173 words - 5 pages , ask yourself if this is the proper way to handle business. Businesses have been guilty of shortsightedness themselves for decades. Every company needs to deal with ethical and legal issues every day in normal business activities. There is a whole new set of issues that are emerging with so much business being conducted online. This paper will attempt to show how ethical, legal, and regulatory issues differ in comparison with B2C and B2B.B2C Ethics

Ethical and Legal issues in ICT

919 words - 4 pages Ethical and Legal issues in ICT • Introduction The consistent use of information and communication technology (ICT) in modern world enables us for countless opportunities for individuals, institutions, business organisations and scientists, but it also raises difficult ethical and legal problems. In particular, ICT helped to make societies more complex and thus even harder to understand. The use of ICT has led to changes in concepts: ownership

Legal and Ethical Issues in School Counseling

1735 words - 7 pages The topic of this paper focuses on the battles school counselors face as the law and ethical standards collide. School counselors face a number of legal and ethical issues and recognizing a clear decision isn’t always easy. School counselors have to work with a large number of students, parents, and administrators while conforming to ethical codes, state laws, and school board guidelines. This topic is of great relevance to me as I will be

Sony-ethical, legal, and regulatory issues

834 words - 3 pages through is a key aspect in ensuring the ethical, legal and regulatory aspects are met. The Internet does not provide anything like the obvious international boundary lines in the physical world. Thus, the four considerations that work so well in the physical world--power, effects, legitimacy, and notice--do not translate very well to the virtual world of eBusiness. Governments that want to enforce laws regarding business conduct on the Internet must

Ethical, Legal, and Regulatory Issues Paper

1743 words - 7 pages who participate in conducting e-business transactions on the web. According to McAfee Inc., an internet security company, new threats are constantly arising on the internet that make consumers vulnerable to becoming victims of cyber crime (CNN, 2009).Aside from security issues, companies well as consumers need to be mindful of legal, ethical and regulatory issues when participating in an e-business environment. Team D's paper will discuss how

Similar Essays

Addressing International Legal And Ethical Issues

777 words - 3 pages Addressing International Issues PAGE \* MERGEFORMAT 1 Addressing International Legal and Ethical IssuesTeam BUniversity of PhoenixBUS 415June 4, 2009Addressing International Legal and Ethical IssuesThe University of Phoenix offers a simulation about CadMex and Gentura and an international contract they pursue (University of Phoenix, 2009). CadMex as a pharmaceutical company is about to go into contract with Gentura, a company in the country of

Addressing International Legal And Ethical Issues

752 words - 3 pages money and to avoid litigation. While it can be costly to handle these disputes in the United States courts, this may be the best venue to use to come to an agreement. If the venue is held on another country's soil, the same laws may not apply. This will also alleviate any concern of government interference since Candore is currently experiencing political turmoil.ReferencesUniversity of Phoenix. (2005). Addressing International and Ethical Legal

Addressing International Legal And Ethical Issues Memorandum

1568 words - 6 pages /sp.asp?id=28749Business Culture (2009). Indian Holidays. Retrieved April 30, 2009 from http://www.worldbusinessculture.comSamantha K. Graff, Tobacco Control Legal Consortium, There is No Constitutional Right to Smoke: 2008 (2d edition, 2008). Copyright © 2008 Tobacco Control Legal ConsortiumUniversity of Phoenix (2005). Addressing International and Ethical Legal Issues. Retrieved April 20, 2009, from University of Phoenix, rEsource, Simulation.

Addressing International Legal And Ethical Issues

681 words - 3 pages CadMex.Sincerely,V.P International Business DevelopmentUniversityReferencesAddressing International Legal and Ethical Issues. (2008). Retrieved September 21, 2008, from https://mycampus.phoenix.edu/secure/aapd/vendors/tata/UBAMSims/business_law1/business_law1_intl_legal_ethical_simulation.html.