0
What ethical consideration affects business practice in foreign countries?
EncofBizandFinance
The practice of bribery is common in several countries and is considered a normal business practice. If the bribe is not paid to a businessperson from a country where bribery is expected, a transaction is unlikely to occur.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How does time zone can affect leisure and business travellers?
It affects travellers because they get a lack of sleep most commonly known as jet lag, also it affects the time that the business travellers leave their country to make sure they have plenty of time to get to their meeting which is abroad.
How climate affecting food ways and culinary practices?
The type of climate affects the types of foods that can be grown there, and therefore the recipes in the culinary practices are different. That is how different countries have different cuisines and recipes than other countries.
Why did some countries not sign the Montreal Protocol initially?
Some countries did not sign of this Montreal Protocol is an international treaty designed to protect the ozone layer by phasing out the production of numerous substances believed to be responsible for ozone depletion. Because they are not aware in the environmental issues that affects also in their own countries.
What is global environment and domestic external environment in kazakhstan?
Introduction A business does not function in a vacuum. It has to act and react to what happens outside the factory and office walls. These factors that happen outside the business are known as external factors or influences. These will affect the main internal functions of the business and possibly the objectives of the business and its strategies. Main Factors The main factor that affects most business is the degree of competition - how fiercely other businesses compete with the products that another business makes. The other factors that can affect the business are: * Social - how consumers, households and communities behave and their beliefs. For instance, changes in attitude towards health, or a greater number of pensioners in a population. * Legal - the way in which legislation in society affects the business. E.g. changes in employment laws on working hours. * Economic - how the economy affects a business in terms of taxation, government spending, general demand, interest rates, exchange rates and European and global economic factors. * Political - how changes in government policy might affect the business e.g. a decision to subsidise building new houses in an area could be good for a local brick works. * Technological - how the rapid pace of change in production processes and product innovation affect a business. * Ethical - what is regarded as morally right or wrong for a business to do. For instance should it trade with countries which have a poor record on human rights. Changing External Environment Markets are changing all the time. It does depend on the type of product the business produces, however a business needs to react or lose customers. Some of the main reasons why markets change rapidly: * Customers develop new needs and wants. * New competitors enter a market. * New technologies mean that new products can be made. * A world or countrywide event happens e.g. Gulf War or foot and mouth disease. * Government introduces new legislation e.g. increases minimum wage. Introduction A business does not function in a vacuum. It has to act and react to what happens outside the factory and office walls. These factors that happen outside the business are known as external factors or influences. These will affect the main internal functions of the business and possibly the objectives of the business and its strategies. Main FactorsThe main factor that affects most business is the degree of competition - how fiercely other businesses compete with the products that another business makes. The other factors that can affect the business are: * Social - how consumers, households and communities behave and their beliefs. For instance, changes in attitude towards health, or a greater number of pensioners in a population. * Legal - the way in which legislation in society affects the business. E.g. changes in employment laws on working hours. * Economic - how the economy affects a business in terms of taxation, government spending, general demand, interest rates, exchange rates and European and global economic factors. * Political - how changes in government policy might affect the business e.g. a decision to subsidise building new houses in an area could be good for a local brick works. * Technological - how the rapid pace of change in production processes and product innovation affect a business. * Ethical - what is regarded as morally right or wrong for a business to do. For instance should it trade with countries which have a poor record on human rights. Changing External Environment Markets are changing all the time. It does depend on the type of product the business produces, however a business needs to react or lose customers. Some of the main reasons why markets change rapidly: * Customers develop new needs and wants. * New competitors enter a market. * New technologies mean that new products can be made. * A world or countrywide event happens e.g. Gulf War or foot and mouth disease. * Government introduces new legislation e.g. increases minimum wage.
How latitudes affects temperature?
Latitude Affects temperature.
What is the importance of studying international business?
By studying international business you will understand the ebbs and flows of investment both within and between countries and continents ( or economic blocs). Then you will see that business goes where it will make the most profit, regardless of national affiliation or consideration of how it affects people's lives. International business is also looking for areas of production where there is a good infrastructure and access to the rest of the world. Profit will always return to the home country of that business.
How does the economy affect business?
how does economy affects business
How the business affect the economy?
how does economy affects business
How Environment affects business activities?
Environment is affected by business
How does culture affects business?
Culture affect business because it affects what customers desire. When new trends come to life, businesses must adjust their business offerings.
How can threats affects the business?
how could procedural threats affect a small business
How international business effects domestic business?
International business involves trading with other countries, while domestic business is trading within a country. International business affects the cost price of goods and commodities. It also results in loss of jobs inside the country as most international business requires performing job outside the country resulting in employing workers there.
How gardening or agriculture affects succession?
It is best to practice crop rotation.
Does location affects the success of business?
Yes of course it does.
How modern transportation affects business?
ireally dont think it affects because in what way or form can it affect right ?
How do you affect in a sentence?
"Will the new rules affect me?" "the medicine affects my heart rate" "This new ruling affects your business"
How does corporate governance affects the rules of doing business?
thank you..>
