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Mgt 516

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Having a successful business and maintaining good business ethics is hard work. Taking the business internationally is more work and can affect many stakeholders that are associated with the company. Stakeholder groups that may be affected by expanding the Aerodynamic operations are the CEO of Aerodynamics, Inc., the public relations officer, employees, customers, business partners, and shareholders. Before taking Aerodynamics, inc. to China there are many aspects to look into before taking a company internationally. Regulations have to be checked, facilities have to be built, and who potential clients may be and what they might be looking for in our company. The CEO has a lot of influence in the company, because the CEO is the person is responsible and liable on any legal issues. The CEO is the person who employees go to with every problem, so they have the capability of influencing the company on ethical and legal issues. The public relations officer is in charge of any media whether good or bad. They must give the company a good representation towards the company at press releases and if there is a problem with the company that gets to the media, the public relations officer must know what the problem in order to know how to explain what the company is doing to fix the problem, like making a negative into a positive. Employees are mildly affected, they are just told what to do and they must follow the regulations and ethics affected. There are going to be different regulations because China has different regulations, employees should just follow and they will be doing a good job. Future customers and present customers are also mildly affected because as long as the company gives each client what they expect, the client will be satisfied. Another shareholder that will be affected is business partners. Some of our business partners may be happy and some business partners may not be fond of the international expanding with china. Depending on the company that is associated with Aerodynamics, inc., what relations they have between China and their own company. If they have bad relations with China, those problems may have a bad influence on our company since we already have a business relation with them. Shareholders have a big influence on any negative ethical or legal issues. If going internationally affects Aerodynamics, inc. in any negative way will take the value of the company in a negative turn which will affect shareholders in a great way. Our company must make sure all legal and ethical issues are thought out and carefully taken care off to avoid any bad publicity and make sure any stakeholder will rightfully be taken care of to the fullest extent.

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