PRESENTATIONON

PROBLEMS OF INTERNATIONAL

BUSINESS IN INDIA

SUBMITTED BY:PRACHI AGRAWAL

MOHIT SAXENA

Issues in International Business

International business operations are subject to numerous legal regulations,as each country has a different set of regulations for business.

Those regulations can range from copyright issues to the distribution of securities and how contracts are drawn.

There are many issues some of them are:

1. Social issues2. Ethical issues3. Labour issues4. Environmental issues

1. SOCIAL ISSUES The common social issues while carrying

out international trade are: The country with which we do international

trade might be ruled by a corrupt leader or a party. Military rulers pose a serious threat for international business.

Government interference is yet another issue. If the govt. of the host country insists on becoming a partial owner of the foreign business.

2. ETHICAL ISSUES The common ethical issues are:a) Employment practicesb) Human rightsc) Work environmentd) Bribery and corruptione) Moral obligation of multinational

firmsf) Product safetyg) Fair price

h) Following local lawsi) Impact on local social institutionsj) Fair return on investment

3.LABOR ISSUES

1. Child labor2. Forced labor3. Health and safety4. Working hours5. Low wages

4. ENVIRONMENTAL ISSUES

Environmental issues are harmful effect of human activity on the bio-physical env.

These have been engaging increasing discussion in the international business horizon.

Some countries prohibit the import of goods which cause ecological damage. For example, the US has banned the import of shrimp harvested without turtle excluder devise because of its concern for the endangered sea turtles. Countries like India are affected by it.