XYZ Construction Inc. like many other organizations has transcended its geographical boundaries and as a result the management team plans to expand its horizontal construction domestically and internationally. du Plessis (2009) suggested that the challenges of globalization and internationalization now require organizational managers to develop or develop new policies and procedures to remain competitive in global markets. Therefore, the leadership of XYZ Construction Inc. also decided to move from a privately owned structure to a publicly owned one and launch its initial public offering (IPO). Moving forward, there are a number of issues that will need to be informed at the executive level within XYZ Construction, Inc. Specifically, there are concerns related to economic and legal factors that could impact the organization. Accordingly, the following information will seek to describe and analyze the influences on employment and labor law as the company grows both domestically and internationally. Initial Public Offerings First, it is important to highlight that XYZ Construction, Inc. is planning to conduct an initial public offering (IPO) in the near future, which represents a significant milestone for the company's shareholders. Additionally, the IPO will enable capital generation from a large segment of the public sector and an opportunity to disseminate information about the company. Commercialization will follow after filings with the US Securities and Exchange Commission (SEC), with a prospectus distributed to its investors (Businessdictionary online dictionary, 2011). The potential for success can be triggered by an undervalued IPO, for example, Guo, Brooks, and Fung (2011) suggested a number of reasons why IPOs... half of paper... retrieved from http: //www. businessdictionary.com/definition/initial-public-offering-IPO.htmlNapathorn, C., & Chanprateep, S. (2011). What kinds of factors can influence the strength of unions in companies and state-owned enterprises in Thailand? International Journal of Economics and Management, 6(2), 112-124. Retrieved from http://search.proquest.com/docview/848412945?accountid=28180Posthuma, R. A. (2009). National culture and union membership: a cultural-cognitive perspective. Industrial Relations, 64(3), 507-529. Retrieved from http://search.proquest.com/docview/224296465?accountid=28180Wang, H., Appelbaum, R.P., Degiuli, F., & Lichtenstein, N. (2009). China's new labor contract law: Is China moving towards greater worker power? Third World Quarterly, 30(3), 485. Retrieved from http://search.proquest.com/docview/219775340?accountid=28180