Question

Q Protecting Human Rights o unread of o messages When expanding to new regions, companies must be aware of the local culture but also aware of how the host nation may treat their citizens. How can organizations ensure that human rights are protected? After posting, please respond to 2 classmates' posts.

Answer 1

Ans) When expanding to new region, companies must be aware of the local culture because the cultural difference can determine whether the business is successful or not. If the product or service doesn't add value or meet the desires of the local markets, there's no need to go sailing! It is vital to have an intimate understanding about who lives in the community and what they value. It is also important to aware of how the host nation may treat their citizens to make sure the governmental authorities in that location recognize and protect the businesses proprietary needs.

Conducting business in foreign markets is achievable if the business is flexible enough to work within the local laws and regulation guidelines. Organizations can ensure that human rights are protected by reviewing legal and regulatory commitments, it is highly advised to seek experienced legal counsel for overseas business practices to identify hazards that may cause barriers for the business. Organizations should held up to the UN human right standards.