BANKS Industries is a manufacturing company located in Centervale


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BANKS Industries is a manufacturing company located in Centervale


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BANKS Industries is a manufacturing company located in Centervale. A US-based organization, BANKS’s major product line is electronics components. BANKS has just over two hundred employees at its main plant in Centervale but recently acquired a new subsidiary in China. This acquisition added close to one hundred employees, and their expertise in a new line of personal computing devices. BANKS expected these devices to give it a competitive advantage in its market, and with the product line continuing to grow.

BANKS Industries is currently operating in both the United States and China. As a US-based company, BANKS is accustomed to conforming to US law regarding employee health and safety. However, Chinese law is different and, in many cases, offers looser standards for employee protection.

Using the module readings, the Argosy University online library resources, and the Internet, respond to the following with a min of 500 words:

  • From a global perspective, should the company operate under the laws that are provided in each country of operation or should it adhere to the higher standard regardless of where it operates? Justify your answer.
  • Is this a legal issue, an ethical issue, or both? Justify your answer.
  • Cite at least one example of differences in health or safety standards that BANKS should consider as it moves forward. Explain why this standard should be considered.