This essay will examine the possibility of XYZ Constructions, Incorporated expanding into the global market. In particular, the owners believe that Canada, Asia, and Mexico have niche markets and are the front-runners for expansion. Furthermore, the owners believe these markets will ultimately help increase their initial public offering (IPO) number because of the increased market penetration and market diversity associated with these markets. This essay will examine the issues present in the global market as it relates to ethics and social responsibility. In addition, the essay will study the considerations that are required for opening field offices in foreign countries with respect to international management and cultural diversity.
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29). In addition, South Asia has a high number of child labor incidences in fact they average about 7-percent yearly (Sharma, 2009, p. 29). Government officials in South Asia recognize the high rates of violations and are currently implementing plans, policies, and programs to help reduce the large number of child labor incidences (Sharma, 2009, p. 29). XYZ Construction, Inc. must be vigilant and aware of the possibility of these types of child labor cases happening once they begin to expand and collaborate with companies in Canada, Asia, and Mexico.
With an increase in green house gases comes an increase in the number of ethical issues present within the global market. For example, Brown (2010) says scientists are noticing global evidence of threats posed to our ecosystems and human health caused by pollution. In particular, the common pollutants are persistent organic pollutants (POPs) (Brown, 2010, p. 59-76). Persistent organic pollutants have multiple forms. One variation of the POPs will affect the way XYZ Construction, Inc. does business from an ethical standpoint. That variation of the POPs is polychlorinated biphenyls (PCBs). Polychlorinated biphenyls are present and used in the development of electronic equipment and asphalt in certain countries such as Canada. Since XYZ Construction, Inc., niche market is in horizontal-construction the use of asphalt will be a