1. Regulation and laws regarding the sale and distribution of tobacco products a
ID: 396740 • Letter: 1
Question
1. Regulation and laws regarding the sale and distribution of tobacco products are stringent in the US market. Use the Internet to investigate selected US tobacco firms to identify if sales are increasing in foreign markets compared to domestic markets. In what countries are sales increasing and why? What is your assessment of this practice?
2. Should the United States seek to impose trade sanctions on other countries, such as Indonesia, because of human rights violations?
3. From an ethical perspective, how much information is a firm obliged to tell a potential strategic alliance partner about what it expects to learn from the cooperative arrangement?
4. Ventures in foreign countries without strong contract law are more risky, because managers may be subjected to bribery attempts once their firms’ assets have been invested in the country. How can managers deal with these problems?
Explanation / Answer
After researching over the internet for several tobacco firms, we can clearly see that tobacco business in domestic environment is relatively very low as compared to the sales in foreign markets. Availability of business opportunities in international market as definitely moved local manufacturers as well as producers of tobacco for earning better profits.
Us mainly export its tobacco to China which computer more than half of the total export revenue. Germany and other countries such as Poland and Netherlands have the greatest sales of tobacco in their market region.
Changes in cultural beliefs availability of green quality tobacco has affected the overall business in international market at different regions. Where export of tobacco from underdeveloped countries has the widely increased, availability of opportunities in developed countries such as Germany and USA has also increase. USA has faced consistent decrease in the overall requirement for exports but increment in the requirement of imports for tobacco products.
Implementation of such specifications would reduce the overall business relations with Indonesia affecting the industry in a very critical manner. This type of approach would not be feasible as this would decrease is the overall availability of opportunities for tobacco industry in United States as well as decreasing the level of relation with are the countries PDF
Information regarding the business as well as availability of cultural understanding in the operating environment of the core company should only be shared. Information regarding internal operating structure of a company should not be shared by any means. Understanding of the local market as other provision of possible strategic management moves can also be shared.
Strictly aligning with the standards of the organisation as well as working according to a strong code of conduct is one of the most important way of mitigating this kind of problem undefined not accepting the bribe in any condition as well as working according to the law of implementation of the specific assets can be very verification for a manager to be ethical and to provide adequate support to its business operations in the specific investing environment.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.