Clarification Posted on: Thursday, August 3, 2017 12:30:00 AM EDT Class, A student has pointed out some inelegantly worded direction for the assignment this week, an outline for a paper to be submitted later on business and the law overseas. The conflicting information on the Guidelines & Rubric document for this section. - Assess the legal implications of moving business abroad specific to your chosen country. - Assess the legal implications of moving business abroad specific to each country. (Under Milestone One: Outline of Memorandum Paragraph). You will just be picking Mexico or Japan and all of your analysis will be for just one country, not a comparison of the two. MBA 610 Final Project Part II, Milestone One Guidelines and Rubric Overview: In Milestone One of Final Project Part II, you will submit an outline of your memorandum highlighting the following concepts: What pertinent aspects of U.S. law should the company be aware of in its goal to do business internationally? Assess the legal implications of moving business abroad specific to your chosen country. What are the advantages and disadvantages of such a move? What are the ethical implications involved in this business decision? Explain how other domestic companies have managed to comply with the U.S. laws related to this business decision in the past. How did these companies address potential compliance issues? Prompt: For the second part of your summative assessment, you will assume the role of an employee at a fictional company and prepare an executive memo pertaining to the legal and ethical implications of a company doing business internationally. Scenario You are working for a major U.S. corporation that wants to expand its reach globally and has narrowed the search down to either Mexico or Japan. Your supervisor has asked you to prepare a memo that analyzes potential compliance issues with respect to aspects of law and ethics that are specific to one of the two countries. You will choose to prepare your memo for either Mexico or Japan and address the critical elements below. This will help inform the final executive decision. Because you have some fluency with domestic laws, and given your background and history with the corporation, you have been asked to assess the pros and cons of the decision, and to provide your insights with respect to the ethical and legal implications of the expansion. Specifically, the following critical elements must be addressed: I. II. III. IV. What pertinent aspects of U.S. law should the company be aware of in its goal to do business internationally? Assess the legal implications of moving business abroad specific to your chosen country. What are the advantages and disadvantages? What are the ethical implications involved in this business decision? Explain how other domestic companies have managed to comply with the U.S. laws related to this business decision in the past. How did these companies address potential compliance issues? Guidelines for Submission: Your outline should be 2-3 double-spaced pages listing each of the four critical element questions above, with a minimum of three supporting statements for each. Include APA style guidelines for your citations and reference list. Generally speaking, the best memos include references to at least two cases for each point of law that is mentioned. Students also earn high marks when they cite cases that appear to support a different legal resolution than the one presented by the student, and then distinguish that case from the scenario described in this assignment. Such distinctions demonstrate exemplary understanding of the course materials Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Critical Elements Aspects of U.S. Law Proficient (100%) States the aspects of U.S. law appropriate for company's goal to do business internationally Legal Implications Emphasizes legal implications of moving business abroad specific to the chosen country, differentiating their advantages and disadvantages Ethical Implications Exposes the ethical implications involved in this business decision Comply States how domestic companies complied with U.S. laws related to business decision Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization. Needs Improvement (75%) States aspects of U.S. law for company's goal to do business internationally, but with gaps in accuracy or detail Emphasizes legal implications of moving business abroad specific to the chosen country, differentiating their advantages and disadvantages, but with gaps in logic or detail Exposes the ethical implications involved in this business decision, but with gaps in logic or detail States how domestic companies complied with U.S. laws related to business decision, but with gaps in accuracy or detail Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas. Not Evident (0%) Does not state the aspects of U.S. law appropriate for company's goal to do business internationally Value 22 Does not emphasize legal implications of moving business abroad specific to the chosen country 23 Does not exposes the ethical implications involved in this business decision Does not states how domestic companies complied with U.S. laws related to business decision 23 Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas. Total 10 22 100% MBA 610 Final Project Part II, Milestone One Guidelines and Rubric Overview: In Milestone One of Final Project Part II, you will submit an outline of your memorandum highlighting the following concepts: What pertinent aspects of U.S. law should the company be aware of in its goal to do business internationally? Assess the legal implications of moving business abroad specific to your chosen country. What are the advantages and disadvantages of such a move? What are the ethical implications involved in this business decision? Explain how other domestic companies have managed to comply with the U.S. laws related to this business decision in the past. How did these companies address potential compliance issues? Prompt: For the second part of your summative assessment, you will assume the role of an employee at a fictional company and prepare an executive memo pertaining to the legal and ethical implications of a company doing business internationally. Scenario You are working for a major U.S. corporation that wants to expand its reach globally and has narrowed the search down to either Mexico or Japan. Your supervisor has asked you to prepare a memo that analyzes potential compliance issues with respect to aspects of law and ethics that are specific to one of the two countries. You will choose to prepare your memo for either Mexico or Japan and address the critical elements below. This will help inform the final executive decision. Because you have some fluency with domestic laws, and given your background and history with the corporation, you have been asked to assess the pros and cons of the decision, and to provide your insights with respect to the ethical and legal implications of the expansion. Specifically, the following critical elements must be addressed: I. II. III. IV. What pertinent aspects of U.S. law should the company be aware of in its goal to do business internationally? Assess the legal implications of moving business abroad specific to your chosen country. What are the advantages and disadvantages? What are the ethical implications involved in this business decision? Explain how other domestic companies have managed to comply with the U.S. laws related to this business decision in the past. How did these companies address potential compliance issues? Guidelines for Submission: Your outline should be 2-3 double-spaced pages listing each of the four critical element questions above, with a minimum of three supporting statements for each. Include APA style guidelines for your citations and reference list. Generally speaking, the best memos include references to at least two cases for each point of law that is mentioned. Students also earn high marks when they cite cases that appear to support a different legal resolution than the one presented by the student, and then distinguish that case from the scenario described in this assignment. Such distinctions demonstrate exemplary understanding of the course materials Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Critical Elements Aspects of U.S. Law Proficient (100%) States the aspects of U.S. law appropriate for company's goal to do business internationally Legal Implications Emphasizes legal implications of moving business abroad specific to the chosen country, differentiating their advantages and disadvantages Ethical Implications Exposes the ethical implications involved in this business decision Comply States how domestic companies complied with U.S. laws related to business decision Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization. Needs Improvement (75%) States aspects of U.S. law for company's goal to do business internationally, but with gaps in accuracy or detail Emphasizes legal implications of moving business abroad specific to the chosen country, differentiating their advantages and disadvantages, but with gaps in logic or detail Exposes the ethical implications involved in this business decision, but with gaps in logic or detail States how domestic companies complied with U.S. laws related to business decision, but with gaps in accuracy or detail Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas. Not Evident (0%) Does not state the aspects of U.S. law appropriate for company's goal to do business internationally Value 22 Does not emphasize legal implications of moving business abroad specific to the chosen country 23 Does not exposes the ethical implications involved in this business decision Does not states how domestic companies complied with U.S. laws related to business decision 23 Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas. Total 10 22 100% Running head: OUTLINE OF INTERNATIONAL BUSINESS Outline of International Business Student name Course name Aug 6, 2017 1 OUTLINE OF INTERNATIONAL BUSINESS 2 Outline of International Business As a worker of a noteworthy U.S. organization, I have been entrusted with giving an official notice relating to the legitimate and moral ramifications of working together in Japan. Note that my particular organization is working together in Japan, and not with Japan; working with Japan would recommend worldwide exchange specifically with the nation, which is off base. Aspects of U.S. Law Make beyond any doubt the representative comprehends the business sectors in which he wants to enter before he spends the cash for new sites and restricted substance. On the off chance that he anticipates entering the Japanese market, at that point it would work well for him to visit Japan, meet with organizations and potential customers, and acclimate himself to the dialect and culture. Recognize potential territories that may make dangers or effect business endeavors in entering and succeeding abroad, including the nearby legitimate practices of its objective market, any prohibitive exchange arrangements, the political condition, and the time and separation it will take it to deliver its items. It is essential for an organization to acquaint itself with the tenets in regards to the import and fare of money in its goal nation. Many have confinements on the measure of money or other financial instruments that can be traded and most have some cash announcing necessities[bu]. Legal Implications As per \"U.S. Foreign Corrupt Practices Act (FCPA): is a United States federal law known primarily for two of its main provisions, one that addresses accounting transparency OUTLINE OF INTERNATIONAL BUSINESS 3 requirements under the Securities Exchange Act of 1934 and another concerning bribery of foreign officials. Earlier this year, AstraZeneca Charged with FCPA Violations, and back in2013, TOTAL S.A. was also charged with FCPA violations. Both companies ended up paying having fines\". The \"anti-boycott laws of the 1977 amendments to the Export Administration Act and the Ribicoff Amendment to the 1976 Tax Reform Act prohibits U.S. companies and employees from complying with the boycotts of foreign countries. Against other nations (such as Israel) that are friendly with the United States and limiting the information that can supply in connection with such boycotts\". On October 2011: \"Los Angeles-based shipping company JAS Forwarding (USA) Inc. agreed to pay a civil penalty of $19,200 to settle allegations that it violated the antiboycott regulations. When it certified that goods were not of Israeli origin and did not contain Israeli materials in connection with the transfer of such property from the U.S. to Lebanon and Kuwait\"[Mic154]. Ethical Implications Codes of lead must render clear course about proper conduct when the compulsion to act dishonestly is most grounded. The assertion in a set of conventional rules that payoff is unsuitable is useless unless supplemented by rules for blessing offering, installments to get products through traditions, and "solicitations" from middle people who are procured to request fixes. Public Image Issues: The subjects of the town based organizations assume them to elevate business chance to them. What all these business extensions have achieved is shoddy work procured from other nations influencing vast populace the US individually OUTLINE OF INTERNATIONAL BUSINESS 4 based. This general damages, the picture of the organization rehearses which people, in general, investigate it as an irresponsible business practice[lib]. Administrative scriveners that have enrolled with the Immigration Bureau to fill in as application specialists educated on movement control systems. And can go about as operators for the accommodation of uses to the Immigration Bureau for testaments of qualification, expansions of time of stay, changes of status of the home, and re-entry consents, and so forth. Compliance One choice for dispensing with inconsistencies in private, multinational contracts is through a diversifying assertion. The U.S. based organization Ben and Jerry's offers establishment openings in Mexico through a progression of permitted claims. It advantages the organization in limiting operations duties, while as yet achieving new market territories. Worldwide law and acknowledged business rehearse secure the lawful trustworthiness of this extension arrangement. Forming a joint wander or auxiliary has been a mainstream rehearse for large organizations with operations in Mexico and other creating nations. It ensures the privileges of the parent organization in a legitimate local setting and restrains the extent of transactions to particular undertakings. Pay off, and debasement is likewise major moral issues in Mexico. As beforehand expressed, U.S. firms restricted from paying influences. In any case, rewards have been an ordinary business hone in Mexico and organizations who don't pay fixes state it adversely impacts development[Chr13]. The outside organization's articles of joining, foundation testament, enlistment authentication and other authority reports and additionally a testimony legally approved by a legal official open in the nation of origin of the remote organization customarily OUTLINE OF INTERNATIONAL BUSINESS 5 utilized. These archives will require in finishing the systems for ensuring the auxiliary organization's articles of joining in Japan. Representative workplaces went for the accumulation and arrangement of data might be uninhibitedly settled with no enrollment prerequisites under the Japanese Commercial Code; no warning need to be given to imposing workplaces, as delegate workplaces don't take part in business operations in Japan and in this way are not subject to corporate assessment Foreign nationals entering and dwelling in Japan should, for the most part, get landing authorization after touching base at their port of section, at which time their status of living arrangement in Japan will resolve. References bu. (n.d.). US Laws Abroad. Retrieved from bu: https://www.bu.edu/globalprograms/manage/legal/us-laws-abroad/ Christopher A Bartlett, Y. D. (2013). Managing the Global Firm (RLE International Business). Routledge. Garcia, M. J. (2015). International Law and Agreements: Their Effect upon U.S. Law . Congressional Research Service , 28. OUTLINE OF INTERNATIONAL BUSINESS 6 lib. (n.d.). Legal and Ethical Implications. Retrieved from lib: https://www.lib.ncsu.edu/socialmedia-archives-toolkit/legal Running head: OUTLINE OF INTERNATIONAL BUSINESS Outline of International Business Student name Course name Aug 6, 2017 1 OUTLINE OF INTERNATIONAL BUSINESS 2 Outline of International Business As a worker of a noteworthy U.S. organization, I have been entrusted with giving an official notice relating to the legitimate and moral ramifications of working together in Japan. Note that my particular organization is working together in Japan, and not with Japan; working with Japan would recommend worldwide exchange specifically with the nation, which is off base. Aspects of U.S. Law Make beyond any doubt the representative comprehends the business sectors in which he wants to enter before he spends the cash for new sites and restricted substance. On the off chance that he anticipates entering the Japanese market, at that point it would work well for him to visit Japan, meet with organizations and potential customers, and acclimate himself to the dialect and culture. Recognize potential territories that may make dangers or effect business endeavors in entering and succeeding abroad, including the nearby legitimate practices of its objective market, any prohibitive exchange arrangements, the political condition, and the time and separation it will take it to deliver its items. It is essential for an organization to acquaint itself with the tenets in regards to the import and fare of money in its goal nation. Many have confinements on the measure of money or other financial instruments that can be traded and most have some cash announcing necessities[bu]. Legal Implications As per \"U.S. Foreign Corrupt Practices Act (FCPA): is a United States federal law known primarily for two of its main provisions, one that addresses accounting transparency OUTLINE OF INTERNATIONAL BUSINESS 3 requirements under the Securities Exchange Act of 1934 and another concerning bribery of foreign officials. Earlier this year, AstraZeneca Charged with FCPA Violations, and back in2013, TOTAL S.A. was also charged with FCPA violations. Both companies ended up paying having fines\". The \"anti-boycott laws of the 1977 amendments to the Export Administration Act and the Ribicoff Amendment to the 1976 Tax Reform Act prohibits U.S. companies and employees from complying with the boycotts of foreign countries. Against other nations (such as Israel) that are friendly with the United States and limiting the information that can supply in connection with such boycotts\". On October 2011: \"Los Angeles-based shipping company JAS Forwarding (USA) Inc. agreed to pay a civil penalty of $19,200 to settle allegations that it violated the antiboycott regulations. When it certified that goods were not of Israeli origin and did not contain Israeli materials in connection with the transfer of such property from the U.S. to Lebanon and Kuwait\"[Mic154]. Ethical Implications Codes of lead must render clear course about proper conduct when the compulsion to act dishonestly is most grounded. The assertion in a set of conventional rules that payoff is unsuitable is useless unless supplemented by rules for blessing offering, installments to get products through traditions, and "solicitations" from middle people who are procured to request fixes. Public Image Issues: The subjects of the town based organizations assume them to elevate business chance to them. What all these business extensions have achieved is shoddy work procured from other nations influencing vast populace the US individually OUTLINE OF INTERNATIONAL BUSINESS 4 based. This general damages, the picture of the organization rehearses which people, in general, investigate it as an irresponsible business practice[lib]. Administrative scriveners that have enrolled with the Immigration Bureau to fill in as application specialists educated on movement control systems. And can go about as operators for the accommodation of uses to the Immigration Bureau for testaments of qualification, expansions of time of stay, changes of status of the home, and re-entry consents, and so forth. Compliance One choice for dispensing with inconsistencies in private, multinational contracts is through a diversifying assertion. The U.S. based organization Ben and Jerry's offers establishment openings in Mexico through a progression of permitted claims. It advantages the organization in limiting operations duties, while as yet achieving new market territories. Worldwide law and acknowledged business rehearse secure the lawful trustworthiness of this extension arrangement. Forming a joint wander or auxiliary has been a mainstream rehearse for large organizations with operations in Mexico and other creating nations. It ensures the privileges of the parent organization in a legitimate local setting and restrains the extent of transactions to particular undertakings. Pay off, and debasement is likewise major moral issues in Mexico. As beforehand expressed, U.S. firms restricted from paying influences. In any case, rewards have been an ordinary business hone in Mexico and organizations who don't pay fixes state it adversely impacts development[Chr13]. The outside organization's articles of joining, foundation testament, enlistment authentication and other authority reports and additionally a testimony legally approved by a legal official open in the nation of origin of the remote organization customarily OUTLINE OF INTERNATIONAL BUSINESS 5 utilized. These archives will require in finishing the systems for ensuring the auxiliary organization's articles of joining in Japan. Representative workplaces went for the accumulation and arrangement of data might be uninhibitedly settled with no enrollment prerequisites under the Japanese Commercial Code; no warning need to be given to imposing workplaces, as delegate workplaces don't take part in business operations in Japan and in this way are not subject to corporate assessment Foreign nationals entering and dwelling in Japan should, for the most part, get landing authorization after touching base at their port of section, at which time their status of living arrangement in Japan will resolve. References bu. (n.d.). US Laws Abroad. Retrieved from bu: https://www.bu.edu/globalprograms/manage/legal/us-laws-abroad/ Christopher A Bartlett, Y. D. (2013). Managing the Global Firm (RLE International Business). Routledge. Garcia, M. J. (2015). International Law and Agreements: Their Effect upon U.S. Law . Congressional Research Service , 28. OUTLINE OF INTERNATIONAL BUSINESS 6 lib. (n.d.). Legal and Ethical Implications. Retrieved from lib: https://www.lib.ncsu.edu/socialmedia-archives-toolkit/legal