1. Responsibility to stakeholders
Ethical decisions as to what and where to manufacture, balance between
capital and labour, where to sell, pay and working conditions, environmental
factors, for example emissions, waste disposal. Potential conflicts of socially
responsible and ethical behaviour with profit-based and other objectives.
2. Social/cultural differences in doing business
Different promotional message for different countries, international branding, distribution channel, joint ventures, pricing strategy for different countries.
3. The purpose of tariffs, laws, import quotas.
Why tariffs, laws or import quotas are used, for example to protect domestic industries or balance of trade. Constraints on businesses that these barriers provide.