Challenges in the Global Business Environment Essay - 5

Challenges in the Global Business Environment - Essay Example st, antibribery, international trade and antiboycott laws, government affairs and political involvement, operational excellence, competition laws, data privacy, information protection and intellectual property. The role and responsibility of Chevron include following the code of ethics. Chevron expects its employees and the whole Chevron community to be aware of their level of authority. This understanding helps everyone act within the limits. This approach helps to avoid conflicts over authority and hence improves the efficiency. In the event that any Chevron worker is not sure on what to do, it is at his or her mandate to seek guidance from the supervisors, managers or any other department within Chevron that has been mandated to provide guidance. Seeking guidance helps maintain Chevron high standards through making sure that employees are aware on their roles. Every employee of Chevron has a mandate to comply with Chevron codes of conduct (Chevron Corporation, 2014). Failure to do so leads to disciplinary actions. Discipline improves the image of Chevron as compliance with the law improves productivity and efficiency of workers. Within this code is the responsibility of every employee t o report a possible violation. The reporting of a possible violation that could lead to damage of Chevron reputation helps avert this predicament and build on loopholes that may lead to a similar wake. Chevron undertakes the Non-retaliation policy. Chevron does not retaliate on information provided by any employee in good faith (Chevron Corporation, 2014). Similarly, Chevron adopts a code of ethics regarding employees in specific. Chevron has invested in many parts of the world. It employs employees from all lifestyles. As such, Chevron respects diversity and it values the diverse cultures presented by its employees. It also provides equal opportunities to all. As such, Chevron avoids any form of discrimination in its providence of work opportunities and working conditions.

Entrepreneurship - Growth through international among entrepreneurial Essay

Entrepreneurship - Growth through international among entrepreneurial firms - Essay Example A number of studies have been carried out in order to explore the process of internationalization among SMEs and the importance and benefits of such moves. These studies have clearly depicted the internationalization phenomenon. However the performance implications of the phenomenon remain under explored. The reason why the performance remains underexplored is owing to the several motivations and goals that drive business owners towards internalization. Since each entrepreneur has his or her own goal for going international, it is not easy to study the performance of such SMEs in the foreign market (Carrier, 2004). Despite the fact that there are multiple motivations that drives businesses towards internationalization there are two main goals that are known to play an active role towards this practice. The two common motivations are achieving firm growth and improving the profitability of the business (Wolff & Timothy, 2000) states that firm growth remains the most important motivati on towards internationalization. Two avenues have been widely used in the internationalization of a firm. These two avenues are exporting and foreign direct investment (Beamish, 2000). This paper explores the growth of firm through internationalization. To make this possible, the treatise relies on literature from journals that talk about the various avenues of internationalization, the motivation towards internalization and the implications and results of internalization in the various businesses and firms that go into it. This paper relies on scholarly journals and articles that explore the topic of internalization and business growth. A total of 20 academic journals that explore business growth through internationalization are used in this paper. In selecting the academic journals that are used in the paper, a Meta-analysis of the various business journals on the topic of discussion