Assignment 2 Challenges in the Global Business Environment...

Assignment 2: Challenges in the Global Business Environment Jerald V. Jones Professor Margaret Parrish Business 475 May 29, 2014 Specify, in brief, the nature, structure, types of products or service of the business you selected. Examine the information within the company’s code of ethical conduct, and choose three (3) key issues from within the document that you believe are critical for success. Provide rationale for the response. In 1911 the Standard Oil of California, or SoCal was formed amid the antitrust breakup of John D. Rockefeller’s Standard Oil Company. In 1984 the Standard Oil of California and Gulf Oil merged. It was the largest merger in history at the time. Under the antitrust regulation, SoCal divested many of†¦show more content†¦By comparison and contrast of ConocoPhillips and ExxonMobil, I found both were consistent with the human rights philosophy expressed in the Universal Declaration of Human Rights and the International Labor Organization. ExxonMobil is committed to engaging with the indigenous communities in a manner that is respectful of their cultures and customs. The company is sensitive to local community concerns about balancing their cultural heritage with the need for economic development, even after operations ceased. Also, ExxonMobil supported both local employment initiatives and cultural heritage programs through national content and strategic community investments, respectively. By contrast, ConocoPhillips on this issue did more extensive human rights risk assessment planning ( by country) of its global operations using externally provided human rights risk assessment tools to identify countries of focus for deeper level evaluation of potential human rights issues and concerns. The company also performed impact assessments, sustainable development scorecards for capital projects and training and guidance on human rights concepts provided to identified leaders and practitioners. On the issue of discrimination, as I compared and contrast these two companies, I found in comparison, both were absent. ConocoPhillips had no anti-discrimination policyShow MoreRelatedEssay on Assignment 2: Challenges in the Global Business Environment2250 Words   |  9 PagesAssignment 2: Challenges in the Global Business Environment Nitha Calixte Business and Society Professor Said June 1, 2016 Assignment 2: Challenges in the Global Business Environment Apple Inc. was founded in 1977. To date, this company has continually offered a wide range of products to meet the growing demands of customers all over the world. Apple not only produces and sells computer software and cellphones; they also distribute consumer electronic products around the globe. IncreasingRead MoreBus 475 Assignment 2 Challenges in the Global Business Environment874 Words   |  4 PagesBUS 475 Assignment 2 Challenges in the Global Business Environment To Buy this Class Copy paste below link in your Brower http://homeworkregency.com/downloads/bus-475-assignment-2-challenges-in-the-global-business-environment/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com BUS 475 Assignment 2 Challenges in the Global Business Environment Assignment 2: Challenges in the Global Business Environment Due Week 9 and worth 330 points Read MoreBus 475 Assignment 2 Challenges in the Global Business Environment801 Words   |  4 PagesBUS 475 Assignment 2 Challenges In The Global Business Environment https://hwguiders.com/downloads/bus-475-assignment-2-challenges-in-the-global-business-environment/ BUS 475 Assignment 2 Challenges In The Global Business Environment       According to the textbook, ongoing challenges in the global business environment are mostly attributed to unethical business practices, failure to embrace technology advancements, and stiff competition among businesses. 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There are a number of pay philosophies and methods used to pay expatriates including what has called host country, global and home country approaches. What are the advantages and disadvantages of these approaches? Why is the home country approach most often used