LEGAL AND ETHICAL ENVIRONMENT OF BUSINESS August 13th‚ 2012 LAW / ECONOMIC / ETHICAL WHERE THE LAW COMES FROM? • Maintain your property LAW • Rules related to the allocation of scarce resources WHAT DO WE WANT? • Earth at night • Predictability – Certainty – commerce loves certainty o Stable governments equal strong economy o Bank accounts‚ brokerage accounts‚ land titles o Property the governmentally supported right to exclude o Predictable sanctions for wrongful acts o Democracy
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Ivory Lenson The Legal and Ethical Environment of Business MGM365-0904B-07 Phase 3 Discussion Board 1 CTU Online Professor Darlene Pomponio December 26‚ 2009 A business has the responsibility of operating with the people in an ethical way or the way that they want to be treated. I think that the business world has the temptation to not treat others fair. The Federal Communications Commission (FCC) is an independent US government agency‚ directly responsible to Congress‚ and regulates interstate
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Ethical Theories Business 670 Legal Environment August 10‚ 2010 The purpose of this paper is to discuss Ethical theories and their foundations from this week’s reading material. One is to describe the theories‚ discuss plus add one more that is not in the book. To understand l theories one needs to know understand that a theory is based on observation or testing‚ there is really no right or wrong answer to what a theory is. One does need to understand what is ethical? Ethical is basically
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PHARMA-SAYA INNOVATIVE SOLUTIONS‚ INC. Bringing better smiles that build better lives 259 CEU Bldg.‚ Sen. Gil Puyat Ave.‚ Makati City Phils. OUR MOTTO Bringing better smiles that build better lives. OUR MISSION-VISION STATEMENT PSIS is a Philippine company that values one of the most cognizant traits of the Filipino men‚ being gleeful‚ where the connotation that the SMILE is the most powerful weapon and shield of the Filipino started. The company is dedicated to bring better
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Law Office Trend Abstract Law firms today are using modern technology to strive to become a paperless environment. The uses of e-mail and electronic document and filing storage systems have enabled firms to be more effective in time management when dealing with the litigation process. The cost of storing documents is reduced due to the amount of space not needed in the storage of legal documents. Using e-email and scanned documents help us to not only communicate faster; it enables us to retrieve
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Political and legal factor. This piece of land across the globe‚ turned to Asia and chaired by a woman‚ is indeed an amazing country and it attracted all those who visit‚ contractors included. With steady growth over 15 years‚ this market is synonymous with economic stability‚ political and social. The center-left government‚ in power since the return to democracy in 1989‚ continues to lead the neoliberal policies implemented under the dictatorship (privatization‚ concessioning‚ open borders
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CHAPTER 1: INTRODUCTION TO LAW AND LEGAL REASONING I. SCHOOLS OF JURISPRUDENTIAL THOUGH a. Types of Schools of Jurisprudential Schools. 1. The Natural Law School A. Denotes a system of moral and ethical principles based on a person’s natural instinct and use of natural intelligence. i. Dates back to Greek Philosopher Aristotle (384-322 B.C.) distinguished between natural law and laws governing a nation. 2. The Positivist School A. Positive Law-National and written
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The legal factors that impact on tesco are the consumer protection sales of goods act. This means that tesco or any other business that sells goods to customers have to describe the goods accordingly which means that the product has to match the description of the product. The consumer protection act ensures that the goods that are sold are suitable for purpose and good quality. The national minimum wage act is the minimum pay that a business must pay to their employees: the workers are entitled
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Political and Legal Environment Blockbuster has had many challenges when it comes to the law. Netflix has always felt Blockbuster has tried to steal many of its ideas. Netflix runs its operations where customers will setup an account‚ pick the movies they want to watch‚ and setup a payment plan (Sanders). Since the dawn of Netflix‚ millions have joined and have enjoyed the benefits of not having to drive to the store to rent movies. Blockbuster has known that Netflix was a rival from the
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Bio Pharma Case Analysis Question 1 How should BioPharma have used its production network in 2009? Should any of the plants have been idled? What is the annual cost of your proposal‚ including import duties? As Landgraf’s objective is to design a more cost-effective network (cost minimization problem subject to various capacity constraints)‚ the following production network in 2009 should have been used by BioPharma: *All numbers below are in millions *Total Transportation Cost=SUMPRODUCT
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