Business Ethics and the Global Dimensions of BusinessThis inclusive analysis was developed after an initial consultation with the CEO of XYZ Construction, Inc. during which the implications of the expansion of construction company in Asia were discussed. . The questions to be considered concern the different aspects of implementing global business expansion. In terms of time, there is market potential for this timely venture. However, there are potential challenges and risks that need to be considered before implementing international expansion. Moving from a purely domestic market to a global market in a horizontal construction operation can be perilous if not carefully planned and carefully prepared. Additionally, ethical and social issues of the Asian global market as well as cultural diversity concerns will need to be addressed. In conclusion, several logical suggestions and possible solutions will be offered to help XYZ Construction, Inc. achieve successful global business expansion in the Asian market. Global Market Analysis There is ample evidence that XYZ Company's IPO and market diversity can be positively affected. by expanding its operations in Asian countries. The barriers between developed and undeveloped countries have been eliminated through the use of technology. (Lee, 2006) Businesses are better able to produce timely, personalized products and services that reflect local ethnicity when they are located in-country. (Management eBook, 2010) Global organizations have a competitive advantage over domestic-only companies; they are able to attract and retain better employees; they provide growth opportunities and insulate ...... middle of paper ...... ng Kong, Taiwan and China. International Review of Management, 29, 267-278. Retrieved from: http://search.proquest.com.proxy1.ncu.eduHumphrey, P. (2000, Winter). To avoid common pitfalls, look before you leap. The China Business Review, 1, 88. Retrieved from: http://search.proquest.com.proxy1.ncu.eduJanowski, T. (April 4, 2012). Hays forecasts strong growth in Asia in 2012 and an improving global outlook. Reuters. Retrieved from: http://www.reuters.comKimura, M. (2005). The ethical challenges facing Japanese companies. Asian Perspective, 1, 135-155. Retrieved from: http://www.asianperspective.org/articles/v29n1-f.pdf Lee, P. (2006, September). New economic arms race. Eurocurrency, 86-97. Retrieved from: http://search.proquest.com.proxy1.ncu.eduSKS7000 Executive Concepts in Business Strategy [VitalSource]. (2010). Retrieved from: http://online.vitalsource.com/books/9780558870638