Corporations often “vote with their feet” in terms of doing business where expenses are lowest and...

Corporations often “vote with their feet” in terms of doing business where expenses are lowest and revenues are highest. Buying low and selling high is a basic economic formula for success that has motivated international trade in many ways over the centuries. This is popularly discussed when governments consider tax policies and is also applicable when they also consider the less obvious factor of environmental protections laws. If Mexico has no ban on DDT (a pesticide used in agriculture) and the USA has banned the use (but not the manufacture) of DDT, should a corporation buy land in Mexico, import DDT from the USA, grow larger crops, and export them to the USA? What ethical duties does the corporation have to the workers in Mexico, the neighboring landowners, and the USA consumers about the potential dangers of using DDT? Is there an ethical duty of DDT manufactures related to their export of DDT to countries that do not ban its use as the USA does?

Expert Solution

Rahul Sunny answered 1 year ago

Define the risk factors in doing business in the international markets. Why are large corporations interested...

Define the risk factors in doing business in the international markets. Why are large corporations interested in working abroad in foreign countries facing different cultures, languages, laws, and regulations?

Time to consider C corporations? Traditionally, the choices of a form of doing business were partnerships,...

Time to consider C corporations? Traditionally, the choices of a form of doing business were partnerships, LLC's, C corporations, and S corporations, but the downside of traditional corporations, also called C corporations, was said to be the problem of double taxation. The income is taxed once at the corporate level, and then when any of it is paid out as dividends, it is taxed a second time at the shareholder level. This made C corporations not a real popular choice...

Describe and discuss one (01) recommendation you may have for multinational corporations in doing business in...

Describe and discuss one (01) recommendation you may have for multinational corporations in doing business in chile

Agree/Disagree and Why? Operational budgets are the highlight of a business/company’s income/revenues and costs/expenses in terms...

Agree/Disagree and Why? Operational budgets are the highlight of a business/company’s income/revenues and costs/expenses in terms of what their detailed projections are. Their income statement is affected by the anticipated cash flows resulting from buying and selling activities and recorded on their budget. Capital budgets are expenses used for equipment or asset purchases based on the projected need for a particular asset/equipment. Businesses/companies factor these long-term capital expenses into their budgets and subsequent balance sheets. Their differences between the two...

In your small business as a clothing distributor, you often source products from other countries where...

In your small business as a clothing distributor, you often source products from other countries where cotton is produced. Recently, you received an email from an international labor group alleging that some of the local middlemen you use to purchase cotton are unfairly compensating the small cotton growers for their crops. The labor group asks that your company only purchase “Fairtrade” certified cotton so that you have assurance that the farmers with smaller operations will receive fair market value for...

Question