Legal, Cultural, and Ethical Challenges Paper

875 Words Aug 5th, 2012 4 Pages
Legal, Cultural, and Ethical Challenges Paper
University of Phoenix
MGT/448
Jamal B Ibrahim
February 07, 2011

Legal, Cultural, and Ethical Challenges Paper As the United States economy waxes and wanes, commerce in the workplace changes to create new ideas for more and better sales. Global outreach for company expansion has taken the new economic conditions by storm for the consumer and American corporations. Company core values are built on the foundation of ones ideas and broadcast through marketing of the mission statements. Aligning a mission statement to create sales and a good public image can be even harder. The Lowe's vision is: We will provide customer-valued solutions with the best prices, products and services
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Honesty, dignity, self-respect, and respect for life and other people, combined with trust and trustworthiness are several values that guide management decisions. They are also the tools that Lowe’s expects employees to use when making sales and business decisions on behalf of the organization. Almost all decision can be justified when using these values as determining factors. It is clear that the United States protects consumers and businesses through government regulations and common practices. Creating a Corporate structure allows common practices throughout an organization, even when that organization crosses international borders. The research can be intense but the rewards for proper legal practices of an organization will ensure success when conducting commerce in foreign lands. Lowe's values its reputation for complying with applicable governmental laws, rules and regulations in the conduct of its business. Therefore, every Employee, while acting on behalf of the company, shall comply with all applicable domestic or foreign governmental laws, rules and regulations, and should avoid engaging in any conduct that, even though legally permissible, is inconsistent with the ethical principles to which Lowe's subscribes. This policy is created through legal departments established for creation of global business and expansion. The

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