Challenges of a Global Business Essay

Challenges of a Global Business Essay

Length: 1183 words (3.4 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

Conducting global business is extremely complex and difficult. At times both countries involved may not be in agreement, but decide to conduct business anyway. For a company to conduct business in another country there is extensive research, negotiation, and compromise done before it can be finalized. Even though not all standards meet those of the United States, some companies continue to make business abroad. Some companies when investigated and found guilty of unethical behavior, blame their actions on not knowing about it or on the subcontractor or supplier. It is inevitable to avoid ethical issues when conducting global business. This is mainly because of differentiation of foreign laws, regulations, and policies. Among those there are also culture and language barriers that contribute to the origin of ethical dilemmas. More than anything cultures is one of the primary reason for why ethical issues come up amongst all others.



Globalization is criticized for its practice of unethical behavior in countries where individual’s freedoms are subjective. Some of many global ethical issues that exist in today’s world include corruptions and money laundering, human rights under totalitarian regimes, workplace conditions, environmental issues, respect for local customs and cultures, and many more (LEVINE). Developing nations are more susceptible to have ethical issues than developed countries. This is mainly due to cultures, customs, norms, and poverty.
Corruption and money laundering is being seen on the news across the border in Tijuana, Mexico. San Diego news is constantly reporting how the drug cartels are affecting the business in the city and stating that police are involved as well. The laundry of money has crossed the ...


... middle of paper ...


...nd judged.

In conclusion, globalization has changed the way societies work and the way individuals think and interact with one another. Regardless if whether we are or not in agreement with a foreign countries laws and conduct, there is little a foreign person can do. The ideal solution is for U.S. companies to do as much research about foreign countries laws, cultures to avoid being involved in unethical scandals.



Works Cited

De George, R. T. (2006). Business Ethics (6th ed.). Upper Sadle River, NJ: Prentice Hall, Inc. A Pearson Education Company.
The LEVIN Institute . (n.d.). Globalization 101. Retrieved from http://www.globalization101.org/issue/english/
Trevino, L. K., & Nelson, K. A. (2007). Managing Business Ethics. Straight Talk About How To Do It Right. [University of Phoenix Custom Edition e-Text]. : John Wiley & Sons. Retrieved from , website.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Challenges of a Global Business Essay

- Conducting global business is extremely complex and difficult. At times both countries involved may not be in agreement, but decide to conduct business anyway. For a company to conduct business in another country there is extensive research, negotiation, and compromise done before it can be finalized. Even though not all standards meet those of the United States, some companies continue to make business abroad. Some companies when investigated and found guilty of unethical behavior, blame their actions on not knowing about it or on the subcontractor or supplier....   [tags: International Business Management]

Strong Essays
1183 words (3.4 pages)

Essay on Challenges of Business Communication

- This report will cover the challenges of business communication in a global work environment. The following information will be used to formulate this report: A. Dynamics: 1. Global reach in emerging markets worldwide 2. Dealing with differences in language and worldwide locations B. Strategy: 1. Business Activities in a Global Market 2. Societal Considerations in a Global Business Setting C. Fundamentals for communicating in a Global Workplace The world has become a smaller place with the introduction of the worldwide internet, teleconferencing and telecommunication advances....   [tags: global, technology, culture]

Strong Essays
2370 words (6.8 pages)

Essay about The Cultural Challenges of Doing Business Overseas

- The Cultural Challenges of Doing Business Overseas Introduction For an American company to be successful overseas with business ventures they have to take risks in making business decisions which can be challenging. Steve Kafka, an American of Czech origin and a franchisor for Chicago Style Pizza, has decided to expand his business into the Czech Republic. He knows it is a risky decision; when he became a franchisor, he had to overcome great deal of difficulties. Steve anticipates he will face some of these difficulties again at the new location in Prague, Czech Republic....   [tags: International Business Global]

Free Essays
1576 words (4.5 pages)

Cultural Challenges of Doing Business Overseas Essay example

- Cultural Challenges of Doing Business Overseas Abstract The research conducted within this document will look at the various areas considered by someone before venturing in to another country for a business, regardless how well he or she know the specific business. As the information is gathered as well as imported in to tables for visual comparison, one can see that there are many similarities and the possibility of success via such a business seems possible. Cultural Challenges of Doing Business Overseas One of the differences that our vendor will have to consider between the United States and the Czech Republic is its different economies....   [tags: Global Expansion Business Strategy Analysis]

Free Essays
1045 words (3 pages)

Multinational Corporations, Their Challenges and Successes Essay

- Multinational Corporation Defined A multinational corporation is an organization headquartered in one nation that that has operations in one or several foreign nations to leverage additional market penetration (Luthans & Doh, 2012). By entering into the global market organizations essentially enter into the threshold of a multinational corporation (MNC). This paper will provide an explanation of globalization, the primary challenges of multinational management, and discuss two separate case studies and their challenges and successes....   [tags: global expansion, business analysis]

Strong Essays
1564 words (4.5 pages)

Wal-Mart's Business Model Essay

- Introduction One of the largest supply chains currently in the world is Wal-Mart. They are growing by leap and bounds, steadily increasing sales, meeting customer demands while viewed publicly as one of the low-cost pioneers. This feat was not done by simply opening the doors and inviting consumers into one of its 11,000 locations worldwide. Wal-Mart offers more than 140,000 thousands stock-keeping units (SKU) products on its shelf. This happens through a creative vision, with many partnerships that combined to form an enormous conglomerate....   [tags: Forecast, Aggregate Planning, Global Challenges]

Strong Essays
1036 words (3 pages)

The Strengths, Limitations and Challenges of Corporate Social Responsibility in the Global Supply Chains

- Making profit is no longer an important issue in the current market. Rather, ethics in business are becoming highly important for domestic and global companies to meet the expectations of consumers, employees, Non-governmental organizations and other interest groups. As a result to these developments, companies are in competition to adopt good codes of conducts called (CSR) corporate social responsibility which tells consumers and other pressuring groups that a corporate has a good standard of social and environmental system as well as the health and safety procedures (Peterson and Anderson 2006)....   [tags: ethics in business, globalization]

Strong Essays
1262 words (3.6 pages)

Global Business Environment Effect from Environmental Impacts Essay examples

- Global business environment can be impacted by many factors that cross country borders. Environmental factors can greatly affect global business in all corners of the world. Natural disasters, population growth, and pollution are problem areas that affect all countries. Because of the environmental impacts, all countries had to work together to find common solutions. In America, population growth and pollution find communities across the land reclaiming areas that have been left to waste. In Washington, DC, the Anacostia Waterfront Initiative was signed on March 22, 2000.1 This initiative is the foundation for the revitalization of the Anacostia areas of Washington, DC....   [tags: Global Business]

Strong Essays
1764 words (5 pages)

Cultural Challenges Of Doing Business Overseas Essay

- The Cultural Challenges of Doing Business Overseas Steve Kafka, an American of Czech origin and a franchiser of Chicago Style Pizza, has decided to expand his business and open a franchise in Prague, Czech Republic. Before venturing into the global business sector, Steve needs to conduct an in-depth analysis in order to become familiar with the Czech culture. This analysis will present opportunities and risks that Steve will need to achieve and overcome so his end-state goal of expanding his Chicago Style Pizza business can be realized....   [tags: Globalization Challenges Research Paper]

Free Essays
1714 words (4.9 pages)

Business Challenges Essay

-      Becoming a CEO of a company whether it’s big or small, is a huge task to take on, but can be the most rewarding depending on how your company does. Either way when going into such a job, in which you are so powerful, you have to think of each and every challenge that you come across within your job. Challenges that your company will face can vary in many different ways, from environmental issues, to social issues, economic issues, as well as many more      For my company, Staples, I have worked in the store since I was 15, going through quite a few managers....   [tags: essays research papers]

Free Essays
566 words (1.6 pages)