International Business
Not what you're looking for?
Your firm has been investigating the possibility of locating facilities in an East Asian country such as Thailand, Malaysia, Taiwan, or Singapore. You have been asked by the chief executive officer (CEO) to research what has been happening in these countries in terms of environmental legislation and laws regarding wages and hours. He has asked you to prepare a report that addresses the following information:
â?¢ Describe the level of environmental regulation in any 2 of these countries.
â?¢ Describe the 2 selected countries' versions of wage and working-hour legislation.
Use the Library and other Internet resources to find the legislation for the specific countries.
Select 2 of the 4 East Asian countries to analyze for this assignment. Use the Library and other Internet resources to answer the following questions for each selected country:
â?¢ What is the country's environmental regulation level?
â?¢ What kind of legislation has been passed in the country regarding working hours and wages?
â?¢ Do you think the country's environmental regulation is sufficient? Explain.
â?¢ Do you feel that the country's hour and wage legislation is ethical? Explain.
PART B
For many global companies, China represents a very attractive market in terms of size and growth rate. Yet, it ranks lower in terms of economic freedom and higher in political risk than other countries' markets because it has a communist government. Despite these risks, many popular and reputable companies have established manufacturing operations in China.
This is largely because the Chinese government makes sales in China contingent on a company's willingness to locate production there. The government wants Chinese companies to learn modern management skills from other international companies and acquire technology. Some observers believe that when Western companies agree to such conditions, they are bargaining away important industry knowledge in exchange for short-term sales.
Answer the following questions based on the situation described:
â?¢ Should companies comply with China's terms?
â?¢ Should they risk losing sales by refusing to transfer technology?
Purchase this Solution
Solution Summary
This solution discussed what to do in an international business setting.
Solution Preview
â?¢ Describe the level of environmental regulation in any 2 of these countries.
The two countries chosen are Thailand and Malaysia. The level of environment regulation is worth noting for both of them. In regards to Thailand, the King passed a an act to enhance and conserve the environment. A variety of definitions were explained, such as environment, pollutant and so forth. One can learn that the regulation is quite high, especially in Bangkok and Chaing Mai. Every business has to take part in it in order that the pollution and the environment is safe for everyone who is a citizen in this part of the world. Each company is allowed to petition if they are wrongfully accused of not following it, and are expected to cooperate with government officials.
With Malaysia, they too have high level of environment regulations to improve their environment. Citizens are to keep the air clean as stated in one of their acts that was passed as well. They too define what clean air is supposed to look like, and the different the positions that are included in maintaining this regulation with their local government. Every facility is supposed to have a license in order to comply to it. Each organization learns what is acceptable and what is not based off this regulation. This includes incinerators and anything that could affect the environment and anyone's given health. The government tells what will happen if they do not comply, and what is expected of them for each time of thing that burns into the environment in which they serve the public daily.
Pollution Control Development. (2011). Thai environmental regulations. Retrieved on January 31, 2011, http://www.pcd.go.th/info_serv/en_reg_envi.html.
Department of Environment. (2011). Legislation, Acts, Regulation and Order. Retrieved on January 31, 2011, http://www.doe.gov.my/portal/legislation-actsregulation-order/browse/Legislation%2C+Acts%2C+Regulation%2C+Order/Regulation.
Federal Subsidiary Legislation. (2011). Environment quality act. Retrieved on January 31, 2011, http://www.doe.gov.my/portal/wp-content/files-attachment/Legislation,%20Acts,%20Regulation,%20Order/Regulation/Environmental%20Quality%20_Clean%20Air_%20Regulations%201978.pdf.
â?¢ Describe the 2 selected countries' versions of wage and working-hour legislation.
The two selected countries' versions of wage and working-hour legislation are Thailand and Malaysia. To begin with, one will discuss Thailand. This country allows their workers to do eight hour days and are allowed to work up to forty-eight hours a week. When it is hazardous for the environment, then workers are allowed to do seven hours a day and put in forty-two hours a week. The country has in place a social security act and a workers compensation act. They withold social security and also help anyone that is injured on the job in any workplace. Severance pay is also provided for employees as well.
Many Acts were passed for Malaysia. In fact, this country has everything more in ...
Purchase this Solution
Free BrainMass Quizzes
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking