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International Aspect of Management

I need to write 3-4 pages about an article addressing a topic or issue concerning the international aspect of management. For example, an article discussing the issues facing Americans managing overseas, or an article examining the issues faced by foreign nationals when managing in the United States. The article might address an issue of importance to international commerce such as exchange rates, terrorism, protectionism, or education.

The article must be recent (i.e., published in 2009 - 2013). Possible sources for the article include such publications as Business Horizons, Business Week, Economist, Forbes, Fortune, and Harvard Business Review. Additionally, the article must be sufficiently long enough to adequately address its topic.

In the review:
- Briefly summarize the author(s)'s main point(s).
- Discuss why these points are important.
- Discuss the potential implications/suggestions for managers.
- Discuss: Do you agree with the points made? Are there counter-arguments or other perspectives/viewpoints that should be addressed?

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Solution Preview

Step 1
The article is: 'Not just Wal-Mart: Dozens of U.S. companies face bribery suspicions' From Fortune: by Stephen Gandel, 2012, Retrieved from: http://webcache.googleusercontent.com/search?q=cache:D50E_uKUfxMJ:finance.fortune.cnn.com/2012/04/26/walmart-bribery-investigations/+&cd=1&hl=en&ct=clnk

Step 2
The author's main points are that The Securities and Exchange Commission has charged more and larger US based multinationals with bribery. The relevant law is the US Foreign Corrupt Practices Act. The list of companies under investigation includes Wal-Mart, News Corp, Hewlett-Packard, and Deere. According to the article more than 81 public companies are being currently investigated by the SEC or the DOJ for violation of the US Foreign Corrupt Practices Act. US public companies have started disclosing in their financial documents that employees of the company may have paid bribes abroad even though the company took measures to prevent it. There are companies that claim that since they did not pay bribes their sales had declined. Companies from different industries are under the SEC scanner. Even US movie studios are under investigation for having paid bribes in China. US companies have paid fines for violation of bribery law. For example, Johnson & Johnson paid $76 million to settle claims that it had violated the UN's Oil for Food program. The enforcement agencies have taken up ...

Solution Summary

This posting gives you a step-by-step explanation of an international aspect of management.. The response also contains the sources used.