...Chapter 1 Today’s Business Environment: Law and Ethics 1. Which of these issues may impact a company’s operations? a. international issues b. political issues c. ethical issues d. legal issues e. all of these issues can impact operations ANSWER: e (page 3-4) National: AACSB Analytic; Diversity; AICPA BB-Legal 2. Which area of law is most likely to impact directly the finance and accounting departments of a company? a. products liability b. employment discrimination c. credit regulation d. environmental law e. all of these are likely to impact about the same ANSWER: c (page 3) National: AACSB Analytic; AICPA BB-Legal 3. Which is generally recognized as the best (most correct) definition of law? a. a body of rules of action or conduct prescribed by controlling authority, and having binding legal force b. that which must be obeyed and followed by members of a society subject to sanctions or legal consequences c. the circumstances in which the public force is brought to bear through the courts d. a rule of conduct that justifies a prediction that it likely will be enforced by the courts if its authority is challenged e. all of the other choices are correct; there is no one agreed upon...
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...The Analysis of Law and Courts in Today’s Business Environment Tabitha Merkow ETH 321 10/13/2014 Laurie Wicker The Analysis of Law and Courts in Today’s Business Environment In today’s business environment there is no exact definition of law. Law is a set of rules, standards and principles that outlines the behavior we practice in business. The legal system is a major institution that assists us in defining acceptable social behavior. Laws limit the activities that are not in the best interest of the public. All people have different values and desire different things in life laws act as a way to dispute resolution. Laws play a role in maintaining honesty and integrity in a social environment. The legal system is a tool used to implement changes in acceptable behavior. Laws and courts have many purposes in today’s business environment for example consumer protection, employee protection, environmental protection, and taxation. The laws government enacts are a way to enforce rules. The government’s role in business is to protect consumers from bad business practices by enforcing rules, regulations and laws that the businesses have to go by if they want to practice business. The government is also responsible for protecting the employees that work for these businesses by making sure they provide a safe work environment and that they are protected against discrimination. The environment has to be protected from...
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...Will Duty to Save Environment Ever End? Law as Integrity Mohammad Mamunur Rashid* Abstract Human rights are not the new concept but due to its serious importance, these have become status of religion in today’s world. People do not respect, sometimes, such rights only because they are protecting themselves. So-called political, commercial or professional interest is first priority of the most people. Land-grabbing illegally, destruction of the trees and greenery environment catastrophically, using pump machine for drawing drinking water from the underground with no hesitation, wastage of natural resources cruelly, enemy behavior with the animals, beasts and other dependant pieces are glaring examples of greedy and selfish tendency of the prudent lives of the universe. These inhuman activities are obliging morally some conscious people to think about its protection. As a result, if any pre-emptive measure for maintaining peace and tranquility is taken all over the world, respecting human rights and humanity is considered as prime concern in such exceptional circumstances. Constitution, national laws and international conventions have accommodated few rights emphatically. ‘Right to life’ is that types of rights. In addition, non-complying with many other rights originated from nature is essential; otherwise, enjoyment of ‘right to life’ would be impossible. Safe environment is one of those significant rights which facilitate us to ensure ‘right to life’. Judiciary, legal...
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...plants to equal the outcome of proteins supplied with the relatively small pieces of meat • Since, even the scavenged animals require humans covered longer distances to amass available carcasses than to cover distances to accumulate vegetable food Effectiveness of Environmental laws In the wake of elevated concern about environmental pollution, for the first time in the world history as many as 20 million Americans which included students from over 2000 colleges and universities, roughly 10,000 secondary and primary schools and hundreds of communities from around the country participated and celebrated the first Earth Day demanding cleaner and healthier environment . This day today holds such a great importance to the world today that it is the largest secular holiday in the world celebrated across 192 countries. The United States in the spirit of the movement created The United States Environmental Protection Agency (EPA). The main objective of EPA was to clean up the already done damage to the environment and establishing guidelines to make cleaner and safer environment for the Americans. EPA was given responsibility to maintain and enforce national standards to various environmental laws in consultation with state and local governments. It conducts environmental research, assessment and education...
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...LAWS 310 Entire Course The Legal Environment DeVry Purchase here https://sellfy.com/p/NAvv/ Product Description LAWS 310 Entire Course The Legal Environment DeVry LAWS 310 Heart of Atlanta Motel Homework Week 1 DeVry LAWS 310 Quiz Week 2 DeVry LAWS 310 You Decide What is Business Formation? Week 3 DeVry LAWS 310 Quiz Week 4 DeVry LAWS 310 You Decide Week 5 DeVry LAWS 310 Quiz Week 6 DeVry LAWS 310 You Decide Week 7 DeVry LAWS 310 Discussions Week 1-7 All Students Posts 532 Pages DeVry LAWS 310 Final Exam DeVry LAWS 310 Entire Course The Legal Environment DeVry Purchase here https://sellfy.com/p/NAvv/ Product Description LAWS 310 Entire Course The Legal Environment DeVry LAWS 310 Heart of Atlanta Motel Homework Week 1 DeVry LAWS 310 Quiz Week 2 DeVry LAWS 310 You Decide What is Business Formation? Week 3 DeVry LAWS 310 Quiz Week 4 DeVry LAWS 310 You Decide Week 5 DeVry LAWS 310 Quiz Week 6 DeVry LAWS 310 You Decide Week 7 DeVry LAWS 310 Discussions Week 1-7 All Students Posts 532 Pages DeVry LAWS 310 Final Exam DeVry LAWS 310 Entire Course The Legal Environment DeVry Purchase here https://sellfy.com/p/NAvv/ Product Description LAWS 310 Entire Course The Legal Environment DeVry LAWS 310 Heart of Atlanta Motel Homework Week 1 DeVry LAWS 310 Quiz Week 2 DeVry LAWS 310 You Decide What is Business Formation? Week 3 DeVry LAWS 310 Quiz Week 4 DeVry LAWS 310 You Decide Week 5 DeVry LAWS 310...
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...LAWS 310 Entire Course The Legal Environment DeVry Purchase here https://sellfy.com/p/NAvv/ Product Description LAWS 310 Entire Course The Legal Environment DeVry LAWS 310 Heart of Atlanta Motel Homework Week 1 DeVry LAWS 310 Quiz Week 2 DeVry LAWS 310 You Decide What is Business Formation? Week 3 DeVry LAWS 310 Quiz Week 4 DeVry LAWS 310 You Decide Week 5 DeVry LAWS 310 Quiz Week 6 DeVry LAWS 310 You Decide Week 7 DeVry LAWS 310 Discussions Week 1-7 All Students Posts 532 Pages DeVry LAWS 310 Final Exam DeVry LAWS 310 Entire Course The Legal Environment DeVry Purchase here https://sellfy.com/p/NAvv/ Product Description LAWS 310 Entire Course The Legal Environment DeVry LAWS 310 Heart of Atlanta Motel Homework Week 1 DeVry LAWS 310 Quiz Week 2 DeVry LAWS 310 You Decide What is Business Formation? Week 3 DeVry LAWS 310 Quiz Week 4 DeVry LAWS 310 You Decide Week 5 DeVry LAWS 310 Quiz Week 6 DeVry LAWS 310 You Decide Week 7 DeVry LAWS 310 Discussions Week 1-7 All Students Posts 532 Pages DeVry LAWS 310 Final Exam DeVry LAWS 310 Entire Course The Legal Environment DeVry Purchase here https://sellfy.com/p/NAvv/ Product Description LAWS 310 Entire Course The Legal Environment DeVry LAWS 310 Heart of Atlanta Motel Homework Week 1 DeVry LAWS 310 Quiz Week 2 DeVry LAWS 310 You Decide What is Business Formation? Week 3 DeVry LAWS 310 Quiz Week 4 DeVry LAWS 310 You Decide Week 5 DeVry LAWS 310...
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...share in manufacturing. However, neglecting of protecting the environment while developing manufacturing has already resulted in lots of problems, such as the PM2.5 problem in many major cities, as well as the extreme lack of clean drinking water. On the other hand, concerns over global environmental issues, such as global warming, depletion of the ozone layer, deforestation, loss of biodiversity, trans-boundary movement of acid rain, and hazardous waste, etc., are mounting worldwide. About 25 years ago, a law named Environmental Protection Law of the People's Republic of China, which set out basic principles and directions for formulating environmental policies, was enacted on December 26, 1989. This Law was formulated for the purpose of protecting and improving people's environment and the ecological environment, preventing and controlling pollution and other public hazards, safeguarding human health and facilitating the development of socialist modernization. The law has stated that The state shall encourage the development of education in the science of environmental protection, strengthen the study and development of the science and technology of environmental protection, raise the scientific and technological level of environmental protection and popularize scientific knowledge of environmental protection. It also emphasized that all units and individuals shall have the obligation to protect the environment and shall have the right to report on or file charges against...
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...basic legal environment of business is governed by state, country and international laws. This includes laws on what can or cannot be formed or sold, consumer and employee protection laws, tax and other financial laws, as well as many rules and protocols with respects to business ethics, when and how to seek legal assistance in case of differences. The production or sale of a certain goods is illegal or at least strictly regulated in many countries. This includes, among others, selling of dangerous drugs, guns and explosives. Employee protection protects laws against unfair perception based on race, color, religion, sex, or age; laws against partial removal and sexual or other harassment; health and safety laws and laws regulating minimum wages. The social environment consists of the sum total of a society's beliefs, customs, practices and behaviors. It is to a large extent, a fake construct that can be compared with the natural environment in which we live. Every society has ideas about their own social environment. Some of the customs, beliefs, practices and behaviors are similar across cultures, and some are not. For example, an American traveling to Britain will find many familiar practices but not so much if traveling to China. This is a social environment created by a society at large in which a business functions can be bring up to as its external social environment. If a business runs in a multicultural society, then the social external social environment is even more...
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...Credit: 3 COURSE DESCRIPTION GENERAL OBJECTIVES At the end of this course, students should be able to : 1. Identify key elements of the global environment. 2. Discuss how environmental elements interact locally and globally in predictable and unpredictable ways. 3. Describe the impact of human activities on the global environment. 4. Discuss issues relating to sustainable development. 5. Identify international and Caribbean regional environmental challenges 6. Identify biotic and abiotic components of ecosystems and some of their possible interactions. 7. Describe physical, chemical and biological characteristics of the oceans. 8. Identify the principal marine pollutants and the threat they represent. 9. Assess the impact on the marine environment of oil pollution from the oil industry and the shipping industry. 10. Identify requirements to maintain healthy ports and harbours, and current programs to rehabilitate Caribbean ports. 11. Identify organizations and regulatory structures concerned with oceans management and costal zone management in general and within the Caribbean region, including the UNEP regional seas programme. 12. Discuss national and international marine law; the use of civil and criminal law in regulating the environment and the conflict between private property rights and environmental regulation. 13. Identify the main features of UNCLOS, MARPOL, and the London...
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...companies working under the flag act in accordance with the restrictions imposed by the legislation. In addition to the national legislation, Government of Turkey is obliged to comply with the decisions, directives or regulations taken for the prevention of marine pollution by the European Union, because of its strategic location and place in international trade, and is obliged to adapt own rules to the national criteria to the extent possible. The cooperation of the Republic of Turkey with neighbor states based on common rules is very important to show the competitiveness of the country's political and commercial purposes. As a result, the control of marine pollution by law even restricting greatly contributes to raise the level of our country in the global market in order to demonstrate the importance of the environment in the shipping industry and maritime trade according to international standards. 1.1 Turkey-EU process and its relationship to the environmental problems It was decided to start negotiations with Turkey by 2005 with decisions taken at the EU Council about Turkey's accession to the European Union in Brussels in 2004 and Turkey was granted the status Accesion Country.With the arrival of this status, Turkey must demonstrate and implement a gradual environmental strategy to comply with the accession partnership. Turkey should adapt to European Union acquiscommunautaire, should provide the information of environmental regulations and improvement in order to access to...
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...made to the environmental science and that have led to a better understanding of the Earth’s environment and our place in it, I have found out a lot of interesting information. I have found how women have made major contributions to the environmental service, boy scouts making contributions and some famous scientists who have made contributions. It was very interesting because I had never known that our environment is so important and that many people have had major impacts on it. I found it very interesting to see how the Boy Scouts of America have made some important contributions to environmental services. Many of the troops engage in trash collection and cleanup projects. They also follow the Leave No Trace laws while on camp-outs and other outdoor activities. These are young boys who care about the environment they live in and do whatever it is to help out. I think it’s so important for younger children to know about our environment. Our generations are becoming so tech savvy that it is unbelievable, instead of children helping out, they are using technology as an excuse that they can’t do any outdoor activities or helping change the environment we live in. Boy Scouts of America have made major contributions dating back to the 1700’s all the way until today. To be honest, I would have never known this if I didn’t do any research. I think it is so important to keep our environment clean and picking up trash for a good cause and it is such an amazing thing that we have people...
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...Corporate environmental governance of TNCs in developing countries: case of Vedan Vietnam 1. Overview of corporate environmental governance * The term ‘corporate environmental governance’ (‘CEG’) implies ‘a range of internal and external hard and soft rules, such as laws, regulations, policies, practices and social understandings, which shape and constrain corporate behaviour.’ * Factors driving and shaping corporate environmental behaviour: * Internal factors: unique resources, business strategies, organisation structure, business philosophy, etc. * External factors: * Legal pressure from legal stakeholders such as regulators, legislators, etc. * Social pressure from social stakeholders such as the neighbours, environmental activist organizations, etc. * Economic pressure from economic stakeholders such as consumers, investors, business partners, etc. 2. Vedan case 3.1. Background information of Vedan * Name: Vedan Vietnam Enterprise Corporation Limited (Vedan Vietnam), a company wholly owned by Taiwanese investors. * Year of establishment: 1991 in accordance with Investment Certificate No. 171/GP issued by the State Committee of Copperation and Investment on 08/-3/1991. * Location: Phuoc Thai Commune, Long Thanh district, Dong Nai Province, Viet Nam. * Principal activities: production of monosodium glutamate (MSG), lysine, and modified starch. * Business philosophy: “Taking roots in Vietnam- Developing...
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...Introduction For a business to be successful, it is vital to know the market and customers profile. This can be done by an intensive research through various methods of data collection which will help to making decision about a new venture. Market research can help create a business plan, launch a new product or service, fine tune existing products and services, expand into new markets etc. It can be used to determine which portion of the population will purchase the product/service, based on variables like age, gender, location and income level. It can be found out what market characteristics your target market has. With market research companies can learn more about current and potential customers. The purpose of market research is to help companies make better business decisions about the development and marketing of new products. Market research may also aid to the marketers to understand the customer and customer behavior and also help to know how and which type of product has been satisfies the customers. According to Kotler and et al (2008)-(Pg-333),“Marketing research is the systematic design, collection, analyses and reporting of data relevant to a specific marketing situation facing on organization.” Primary Data Primary data is specific information that is collected directly by the person who analyses the data and information also doing research. Primary data are collected for the first time. This data has not been published before collection. ...
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...External environments are surrounding the company received from outside factors such as the economy, technology, social, political and legal. These environments affect the company or organizations in many ways as they influence the success of the company. A lot of consideration needs to be taken by the organization in handling these external environments. For the company we interviewed, which is a consultancy company, these environments also affected them. Understanding these factors allows organizations to have proper currency-hedging plans and strategies in place. The economy inside and outside the country may affect any kind of business because financial is one of the most important part to be manage in a company or organization. So, if the economy is not doing well, the company also may be affected, which may lead to failure. So does the company we interviewed,...
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...What Is Business Environment? Meaning: - The term Business Environment is composed of two words ‘Business’ and ‘Environment’. In simple terms, the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production, extraction or purchase or sales of goods that are performed for earning profits. On the other hand, the word ‘Environment’ refers to the aspects of surroundings. Therefore, Business Environment may be defined as a set of conditions – Social, Legal, Economical, Political or Institutional that are uncontrollable in nature and affects the functioning of organization. Business Environment has two components: 1. Internal Environment 2. External Environment Internal Environment: It includes 5 Ms i.e. man, material, money, machinery and management, usually within the control of business. Business can make changes in these factors according to the change in the functioning of enterprise. External Environment: Those factors which are beyond the control of business enterprise are included in external environment. These factors are: Government and Legal factors, Geo-Physical Factors, Political Factors, Socio-Cultural Factors, Demo-Graphical factors etc. It is of two Types: 1. Micro/Operating Environment 2. Macro/General Environment Micro/Operating Environment: The environment which is close to business and affects its capacity to work is known as Micro or Operating Environment. It consists of Suppliers...
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