A Case of Morphing Legal Changes in China Study Example | Topics and Well Written Essays - 500 words

A of Morphing Legal Changes in China - Case Study Example I would also be prepared to be knowledgeable on business laws and regulations, particularly those that pertain to sensitive areas that could endanger my professional competence and capabilities to implement organizational strategies. Finally, I will be very careful in dealing with other stakeholders, especially officials from the Chinese Steel Industry and ensure transparency, honesty and integrity in all undertakings, with due support and validations of all correspondences, as required. As a high-potential rising star manager within Rio Tinto, after what happened to the other executives in China, I would not take the position for personal and professional safety. Although China was deemed the company’s biggest customer, its previous image of morphing legal cases prove to be detrimental to one’s professional goal for advancement. The costs and risks of being assigned to China far outweighs the benefits of being assigned there. As the CEO of Rio Tinto, I would ensure that all managers who are eyed to be capable and competent for positions in China must be culturally and legally adept with their business protocols and practices; as well as their legal laws pertaining to managing an organization. Thereby, before sending any executives to China, I would instruct training, orientation, and comprehensive understanding of ethical, moral and legal standards of operating, managing and running a business in the local Chinese setting. Further, I would clearly emphasize to the executives to avoid any confrontations that could lead to legal disputes. Based on the new information, my answers to questions 1, 2 and 3 would not change. Any new information should first be verified as to its accuracy, reliability and veracity. If there are truths to the allegations that any of the executives were instrumental in inflating iron ore prices and in