Evaluating Privacy Laws and Principles in International Business

This report provides an analysis of privacy laws and principles essential for conducting business internationally. It identifies key aspects of international business transactions, including the selling of products and services in foreign markets, and emphasizes the importance of protecting personal information in the context of global data flows. The report discusses the OECD Guidelines on the Protection of Privacy and Transborder Flows of Personal Data, highlighting the significance of ethical considerations related to human rights and environmental pollution. It further analyzes the role of effective governance, risk management, and compliance with international standards, including intellectual property rights and taxation. The evaluation emphasizes the need for adaptability, cultural compatibility, and cross-cultural training in international organizations. The report concludes that US organizations must adhere to stringent privacy legislation and develop formal mobility policies to ensure security and compliance in their global operations.

Privacy laws and principles important for doing business internationally.
Report

Contents
Introduction......................................................................................................................................2
Identification....................................................................................................................................2
Analysis...........................................................................................................................................3
Evaluation........................................................................................................................................3
Conclusion.......................................................................................................................................4
References........................................................................................................................................5

Introduction
As per the analysis, the doing of business globally is helpful to work on the different new opportunities
for a better growth and profit. The global business is based on the risks and the challenges that are
related to employing the people who can work on the business development with including the success
internationally (Crane et al., 2016). There are different issues where the people are opposing to the
outsourcing, globalisation and the other international business practices. This includes how the
company is involve in the human rights abuses in the other countries with the onslaught of the bad
publicity and the loss of business.
Identification
The International Business Transactions include the selling of the products and the services in the
foreign markets. The forms are set where there is a need to handle the two ways to sell the products in
the foreign markets with the export of the goods which are manufactured domestically or
internationally. The manufacturing of the goods is done in the foreign countries that have different
advantages like the lower costs, taxes or the other trading barriers. The protection of the personal
information is important which is coupled with the internet enabling personal data to be distributed
across the globe. The privacy has been a major concern that could be mainly due to the patchwork of
the laws and regulations. The applications are set where the U.S. standards are not realistic but disrupt
the established markets as well. The effectiveness is based on the development of the company and
improve the fitting into the local economy (Weiss, 2014). The Labour and Employment Law needs to be
handled with the proper operations. The contracting and the hiring where velocity is considered as the
global key, is set with compliance, benefits and the risks mitigation. The international trade compliance,
with import, export, sanctions and the corruptions are also important to be handled depending upon
the venture. This is set when the US business need to work with the countries and the individual like
terrorists. The corporate structure of doing business needs to be evaluated with the handling of
contracts for the foreign subsidiary as a service which includes the unique costs, timelines, capital
requirements and the other tax issues.
The OECD Guidelines on the Protection of Privacy and Trans border Flows of Personal Data is important
with respect to the validity that is given to the collection, use and the disclosure of the personal data.

The legal and ethical issues are related to the human rights and the pollution where not all the foreign
countries have the problems of the environmental legislation. Hence, working globally, it is important
that companies discharge the harmful materials into the environment and then avoid any type of the
costly anti-pollution measures (Ferrel et al., 2015). The ethical approach is based on the expansion into
markets to limit the environmental footprint which is needed by the local laws.
Analysis
The analysis is based on the support with encouraging the compliance with the standards set with the
effective governance. It includes the management of the enterprise information system and the
technology which includes the auditing, controlling and security with the risk management. The
performance is based on the duties with objectivity with the diligence and the professional care set in
with the professional standards (Eriksson et al., 2015). The maintenance of the privacy and
confidentiality with information related to the activities related to the legal authority with the necessary
skills, knowledge and the competence. The information is about the parties which includes the
performance related to the disclosure of the different reports of the results. The support comes mainly
with the enhancement of the understanding and the governance with management of the enterprise
information systems and the technology (Trevio et al., 2016). The taxes are considered of threats and
opportunities in the global business where the corporate entity level is set to measure the different
forms of the examination process. Here, the treaty is set with US, where there are consequences related
to the different forms of the success and the failure. The intellectual properly works with the patents,
copyrights, trademarks and the other trading secrets which are important for the intellectual property
development. The cost of security is depending upon the enforcement of rights which are seen to be
expensive.
Evaluation
The doing of business globally need to focus on the high tolerance of power with the ambiguity and the
uncertainty that needs to be evaluated based on the new ideas and the opportunities. For the society, it
is important to focus on the different habits and the working preferences that are related to work for
the dynamic industries and the organisations. The work needs to be established with the proper setup
and taking hold of the information, which can easily help in navigation of the to the geographic,
linguistic and the religious culture. The international organisations need to work with the other

countries that include the cross-cultural training with the development of skills to deal with the other
forms of the cultural differences (Barak, 2016). It is important to focus on the collective society forms,
where there is a possibility to promote and then work over the career advancement by doing the
business globally. The organisations need to handle the highly engaged and the career focused
individuals with the ability to command and hold the qualifications for the specialised forms of the
experiences and the knowledge. The cultural compatibility helps in bringing the change in the
organisation where the issues are compensated with the check on how the organisation operates. This is
also important to work on the local customs and the other operating conditions.
Conclusion
The efforts are made for the regions to harmonize the legislation, privacy laws and the other different
aspects. The privacy legislation is either the non-existent or the patchwork which is set under the sector
specific law and regulations. The US Organisations need to handle the business with the stringent
legislation that is the common denominator for the effective privacy policy. (Blass et al., 2015). The
business includes the consideration for the costs which needs to hold security for the employees where
the target is to develop the formal mobility policies and then work on the increased organisation which
includes the linking of the mobility with the other management strategy.

References
Barak, M. E. M. (2016). Managing diversity: Toward a globally inclusive workplace. Sage Publications.
Blass, E., & Hayward, P. (2015). Developing globally responsible leaders: What role for business schools
in the future?. Futures, 66, 35-44.
Crane, A., & Matten, D. (2016). Business ethics: Managing corporate citizenship and sustainability in the
age of globalization. Oxford University Press.
Eriksson, P., & Kovalainen, A. (2015). Qualitative methods in business research: A practical guide to
social research. Sage.
Ferrell, O. C., & Fraedrich, J. (2015). Business ethics: Ethical decision making & cases. Nelson
Education.
Trevino, L. K., & Nelson, K. A. (2016). Managing business ethics: Straight talk about how to do it right.
John Wiley & Sons.
Weiss, J. W. (2014). Business ethics: A stakeholder and issues management approach. Berrett-Koehler
Publishers.