The discussion assignment provides a forum for discussing relevant topics for this week based on the course competencies covered. Use the textbook, lectures and scholarly outside sources to support your work. As in all assignments, cite your sources in your work and provide references for the citations in APA format. Post the answers to both parts in one discussion post and do not attach documents.
Discussion Question Part 1
SelectONEof the scenarios below.
Scenario 1 – International Business
Your company recently received an order from a company in Pakistan for Global Positioning Systems (GPS). Your company does not have much experience in exporting, so you are confused over whether you are required to obtain an export license. When discussing the order with your brother-in-law who works for a shipping company, he tells you that he knows someone in the Pakistani government who could greatly assist you in your endeavors for a very modest fee. Discuss this situation and also consider other issues that face companies doing business around the world, including but not limited to trade barriers, expropriation, and the Foreign Corrupt Practices Act, as well as ethical issues.
Scenario 2 – Competition
Cube Computers, a manufacturer and seller of personal computers and tablets, entered into agreements with suppliers. The agreement required that suppliers not sell Cube’s computers below Cube’s suggested minimum retail price and in return, Cube would not sell its products at retail prices in the store owners' respective territories. Are these agreements valid?
A famous movie star indicated on national television that Cube was her favorite computer. After the comment, sales of Cube computers increased 40 percent. Since demand outpaced supply, Cube decided not to sell any more computers unless an additional software package was purchased. A competitor informed the Office of the Attorney General of this policy, asserting it was illegal. Explain the legal basis for the complaint and decide which party will prevail.
Part 2 - Federal Administrative Agencies
Select one federal administrative agency and provide a summary of the purpose and types of activities the agency regulates.
Suggestions include, but are not limited to the following agencies: Central Intelligence Agency, Department of Commerce, Department of Defense, Department of Education, Department of Homeland Security, Department of Justice, Department of Transportation, Department of Veterans Affairs, Environmental Protection Agency, Equal Employment Opportunity Commission, Federal Bureau of Investigation, Federal Communications Commission, Federal Trade Commission, Food and Drug Administration, National Highway Traffic Safety Administration, National Labor Relations Board, Securities and Exchange Commission.
The textbook we are using is this
Twomey, D. & Jennings, M. (1900).Anderson's business law and the legal
environment.Cengage South-Western. Retrieved fromhttps://digitalbookshelf.southuniversity.edu/#/books/9781285696683/pages/275099474