International Legal and Ethical Issues in Business

International Legal and Ethical Issues in Business Unit 5 Individual Project ABSTRACT In this paper I will discuss environmental regulations and labor laws in place in Thailand and Singapore. This paper will show that while Singapore seems to have stricter environmental regulations in place in it’s country, the labor laws in Thailand seems to protect its citizens better with better work hour regulations and wage requirements. Singapore’s labor laws can stand to be revisited so as to keep the working citizens safe from greedy business owners. What are Thailand and Singapore’s environmental regulation levels? Thailand’s government has been known to keep loose environmental standards for investors. Many foreign investors have†¦show more content†¦Do you feel that the countrys hour and wage legislation is ethical? Explain. Thailand’s hour and wage regulations are adequate; however, Singapore’s hour and wage regulation still leave way too much room for employees to be taken advantage of by their employers. The fact there is no national minimum wage requirement leaves too much room for employers to underpay their employees. There is also no regulation in place to limit the amount of hours per day an employee can work. There is also no regulation for overtime pay. The lack of regulation in place to determine how many hours per day or week a person can work before overtime pay is required leaves the employees at the mercy of their employers. References Hookway, J. amp; Watcharasakwet, W. (March 4, 2010). Thailand Tightens Environmental Regulation. The Wall Street Journal. Retrieved on September 26, 2010 from http://online.wsj.com/article/SB10001424052748704182004575056421383885014.html Overview of Environmental, Health and Safety Laws in Singapore. (n.d.) Corporate Learning and Consultancy. Retrieved on September 26, 2010 from http://www.psb-academy.edu.sg/clc/detail/159/0/Overview-of-Environmental-Health-and-Safety-Laws-in-Singapore/ An Overview of Thailand’s Labor Regulations. (n.d.) Thailand Board of Investment’sShow MoreRelatedInternational Legal and Ethical Issues in Business1263 Words   |  6 PagesUnit 3 Individual Project-Rights and Obligations Travis Pernell American InterContinental University International Legal and Ethical Issues in Business Instructor Kerri Holloway April 3, 2011 Abstract This paper will discuss the four elements that make up a valid contract and the objective theory surrounding contracts. This paper will discuss how the objective theory applies to the Leonard v. Pepsico, Inc. case. 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Wild, Wild Han (2010:128) define ethical behaviour as personal behaviour, which International Legal and Ethical Issues in Business Unit 3 Individual Project-Rights and Obligations Travis Pernell American InterContinental University International Legal and Ethical Issues in Business Instructor Kerri Holloway April 3, 2011 Abstract This paper will discuss the four elements that make up a valid contract and the objective theory surrounding contracts. This paper will discuss how the objective theory applies to the Leonard v. Pepsico, Inc. case. The paper will also discuss how the court reached its decision to claim that there was not a valid agreement made between the two parties, and it will discuss why all advertisements are not considered offers. Unit 3 Individual Project-Rights and Obligations In order for a contract to be valid, it must meet four†¦show more content†¦No one would have believed that they would win a jet just because they gained so many points in buying a company’s products. The fact that someone would do so would have shocked anyone. It is sort of similar to being offered a million dollars for trying out someone’s special recipe. A person would actually have to lack a good comprehension in the marketing idea or scheme behind an ad or promotional gig. However, if the company assured the man personally, he may have had a case then. Since the ad was made in a general manner, the only assumption that could be made was that the company only intended to draw in more customers by promoting an unbelievable offer. Generally, advertisements are not considered offers because they do not go out to an intended offeree. Advertisements that are made for the sale of goods at specific prices usu ally are treated as invitations to make an offer (Cheeseman, 2009). The person, or persons, for whom the offer is intended to go to must be clearly indentified. The offeree does not have to be one person as it can include one or more persons or a group of people. The advertisement must also determine what parts of the offer will be binding if it is accepted by the offeree. Therefore, most advertisements are not offers because they only aim at inviting people to purchase their products. Usually, an offer revolves around offering something of value for a certain price and a place would beShow MoreRelatedInternational Legal and Ethical Issues in Business885 Words   |  4 PagesInternational Legal and Ethical Issues in Business Unit 5 Individual Project ABSTRACT In this paper I will discuss environmental regulations and labor laws in place in Thailand and Singapore. 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Ethics in international marketing poses many dilemmas and this is because value judgments differ among different culturesRead MoreDifferences in Ethical, Legal, Regulatory Issues in B2B vs. B2C Environment1309 Words   |  6 Pagesin Ethical, Legal, and Regulatory Issues in Business-to-Business and Business-to-Consumer Web Sites Like traditional brick-and-mortar establishments, business-to-business (B2B) and business-to-consumer (B2C) Web sites face ethical, legal, and regulatory concerns. Although both B2B and B2C sites share similarities in web-based jurisdictional issues and general ethical considerations, each site has its own specific concerns due to the end-user relationship of the consumer versus business (SchneiderRead MoreBusiness Ethics Of International Business : Culture, Consumers And Employees1152 Words   |  5 PagesCourse: INB385 International Business Date: October 11, 2015 Response to Ethical Challenges in International Business: Culture, Consumers and Employees Introduction General business ethics applies in the case of international business. However, international business ethics poses a particularly different difficulty- from domestic business- as a result of the scope of diversity that managers have to deal with: cultural, economic and legal, etc. Although the contents of business ethics are to anRead MoreCase Study: Tyco International: Leadership Crisis1653 Words   |  7 PagesCase Study: Tyco International: Leadership Crisis Case Study: Tyco International: Leadership Crisis Gupta Bhagirath, BUS604 Grand Canyon University Abstract Tyco International Ltd. NYSE: TYC is a highly diversified global manufacturing company incorporated in Switzerland, with United States operational headquarters in Princeton, New Jersey (Tyco International (US) Inc.). 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