The main topics or laws that I have learned are Business Structure, Government Regulation, and Legal Environment Business. I work for a Casino, so I know we used these three topics. Business Structure is a organization framework legally recognized in a particular jurisdiction for conducting commercial activities, such as sole-proprietorship, partnership, and corporation. Most types of government regulation involve the setting up and enforcement of standards for conducting legitimate activities. My
Simulation: Business Regulation Legal Environment of Business Simulation: Business Regulation Alumina Incorporation Alumina Incorporation is an USA-based $4 billion alumni maker. It operates in eight countries around the world with the USA counting for seventy percents of its sales. Situated in the fringes of Lake Dira in the state of Erehwon, Alumina Inc. has business interests in automotive components and manufacture of packaging materials, bauxite mining, etc. Alumina Inc. falls under
Description The definition of legal and political environmental base on business dictionary is government actions which affects the operations of a company or business. These actions may be on local, regional, national or international level. (BusinessDictionary.com, 2015) The legal and political environment can impact business organizations in many ways. It could add a risk factor and lead to a major loss. Company should understand that the political factors have the power to change results. It
Legal & Political Environment According to Carroll, the legal system has been and continues to be one of the most powerful forces defining what is ethical and what is not for manager and employees (2013, p. 207). The legal system does not encompass all the ethics of behavior and standards, but only address what society believes is right, wrong and fair in the business world. Over the past few decades, more businesses have been threatened with lawsuits due to its decision making. This makes stakeholders
Assume that you are the supervisor of an employee who has been accused of sexually harassing a fellow co-worker. What steps would you take to handle the situation? What are the potential legal issues of which you must be cognizant? How would you help your company avoid a potential charge of discrimination (by the employee bringing the internal charge) and/or retaliation (by the individual charged with the alleged violation)? Harassment of any kind can be down right nasty. The role of a supervisor
[pic] BАBS Legal environment of business Home Assignment Seminar leader: Margit Racz Student name: Nurlаn S. Kurmаlаyеv Contents 1. Introduction………………………………..……………..…….…………3 2. The constitutional order of Hungary……..……………..…………..…….3 1. Legislation…………………………..…………..………………… 3 2. Execution tasks……….......................................................................3 3. Judicial power…………………….……………..….……………...4 3. The constitutional order
Date File 1 Chapter One 1) Determine whether the evaluated group is a population or a sample. a) Based on a randomly selected group of 500 patients with high cholesterol, it was found that 67% have heart disease. Is this a population or a sample; explain your answer. Population, because it is the study of a number of people for a particular study. b) An investigation of 150 randomly selected local restaurants concluded that 42% of local restaurants have serious health code violations. Is
The Legal Environment DB2 Name Course Date Tutor The Legal Environment DB2 Ethical violation examples I belong to a company which happens to be a major player in the manufacturing and retail sector. The company has had a few ethical issues as pertains to the way it treats employees and how it disposes of waste. The labor force is underpaid and waste products are disposed of in water bodies posing an environmental threat. Considering the size and clout with governmental authorities it is
1. Title: legal and Regulatory Environments and Ethics: Essential Components of a Fraud and Forensic Accounting Curriculum Forensic accounting is defined as "the action of identifying, recording, settling, extracting, sorting, reporting, and verifying past financial data or other accounting activities for settling current or prospective legal disputes or using such past financial data for projecting future financial data to settle legal disputes". Forensic accountant are very important part of the
Legal & Ethical Environment of Business DATE: 2/4/2013 Week 1 Assignment PART 1: Follow the link below, read the article and analyze the practice of “dumping” dangerous drugs overseas. Can an American company be penalized for marketing a product deemed unsafe by the U.S., if it is not also banned by the foreign