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
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According to Environmental Business Ethics‚ “Because of their impact on the environment‚ businesses have an obligation to try to moderate the effects of their activities in an effort to protect the land and water resources. Many businesses act voluntarily to reduce their environmental impact. Industries that use or produce hazardous waste are mandated by law to regulate their businesses. In any case‚ reducing their environmental impact is a sensible approach to business that can have many benefits
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Opportunities and constraints in the business environment Opportunities in the business environment are those factors that provide possibilities for a business to expand so as to make more sales and profits. Constraints are those factors that limit the ability to grow‚ and reduce sales and profit potential. A useful way of assessing opportunities and constraints is to carry out what is known as a SWOT analysis. Strengths and weaknesses are internal to an organisation. Typically they relate to the
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also going to give examples based on my own personal experience. Identify the purposes of different types of organisation Business organisations can be divided mainly into two sectors. The private sector‚ which is formed by sole traders‚ partnerships‚ companies and franchises. The sole trader is the most popular form of business ownership. This kind of business is managed by only one individual who puts all of his savings and his time into making it a success. He is his own boss but it
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External and Internal Environments By Sarah Bruce Professor Ira Poladeen Business Capstone April 28‚ 2015 An organization’s environment includes factors that it can easily change as well as factors that it cannot easily change. The factors that it cannot easily change are said to be the general environment (Faye‚ T. 2011). It is this environment that I will discuss as it relates to a struggling‚ once thriving industry: office-supply stores. Office
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OIL AND NATURAL GAS CORPORATION . Case study of Business Environment‚ Conducted by : Karan Desai Course : B-tech‚ HNC. Ecube Global College. Table of contents History………………………………………………………. Company profile……………………………………………… Company vision and aims…………………………................. Organizational structure……………………………………. Task 1 ……………………………………………………….. | learning outcome 1………………………………………… Task 2 ……………………………………………………….. | learning outcome 3……………………………………………
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MT. SAN JACINTO COMMUNITY COLLEGE LEGAL ENVIRONMENT OF BUSINESS INSTRUCTOR: NANCY A. JOHNSON‚ ESQ. PROJECT 1 DUE: ______________ INSTRUCTIONS: 1. Do Not write your name on your exam‚ use your student number 2. Define all legal terms used. 3. Use the IRAC approach to analyze each lawsuit (Issue‚ Rule‚ Argument‚ Conclusion) a. Issue: What is the legal basis for their suit? b. Rule: What is/are the issues rule(s) covering this area? c. Argument Based on the legal rule(s)‚ how
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it have had on the ultimate success of Kazoo if Nelson had spent more time initially focused on the specifics of her business (i.e.‚ store layout‚ hiring personnel‚ placing ads in local newspaper‚ writing press releases‚ setting up the accounting system‚ and so on) rather than gaining a complete understanding of the toy industry as part of her work to carefully develop a business plan? Diana Nelson’s journey in Kazoo & Company starts when she saw a lot of hidden potential inside the store
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Local business is driven by specific local conditions and market characteristics. Yet‚ it operates in a larger economic context too. At the local level‚ the business must compete for employees‚ resources from suppliers at a competitive price‚ local advertising and marketing channels. The most successful businesses are well managed creating a compelling value proposition relative to its local competitors. So‚ business intelligence and local community buyer values are critical for management pricing
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dire predictions of disappointment‚ has today handsomely defeated India in Mumbai. So‚ it is in a spirit of humility that I offer these predictions for 2013 from alternative (I am loth to say rival) forecasters‚ Professor Thomas Malnight of the IMD business school in Lausanne and his colleague Tracey Keys of Strategy Dynamics Global. Looking down their ten trends‚ I find myself general in agreement (though I’m not as pessimistic as they are in number 7‚ and we have to bear in mind that a lot of
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