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MGT 711 UP WK 4 Good Ethics a Good Business in Strategic Management Discussion

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Pose a question based on the literature. Provide background leading up the question, use supporting references, and answer your own question.

Include your own relevant experience as well as 2 citations that align with or contradict your comments as sourced from peer-reviewed academic journals, industry publications, books, and/or other sources. Cite your sources using APA formatting

PART 2

REPLY IN 150 WORDS 

Why is ethics so important in business?

PART 3

Write a 250- to 300-word response to the following:

Choose a region of the world you would consider doing business in and discuss the advantages and disadvantages of doing business there. Be sure to explore such topic areas as outsourcing, unions, cultural factors, tax issues, etc.

REPLY IN 150 WORDS

I would consider doing business in the United States, Northeastern Region, mostly for New York. Since NYC is the cultural melting pot, people all around the world are nesting here. More diversity means more demand for all kinds of goods. One key challenge and disadvantage, several entrepreneurs we spoke to cited was New York state’s relatively high taxes. While taxes are a necessary cost of doing business anywhere, New York state maintains a tax code that often defers to the highest relevant calculation to businesses. It also includes several metrics by which a business must calculate its tax bill, sometimes making the process confusing (Uzialko, 2019).

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