Assignment Three Part One: Legal Issues – These are laws set by the government. That are essentially rules that a business must follow. They are designed to keep both the consumer and the business happy and ensure that everyone is treated fairly. Vue must follow these rules or they may be prosecuted and faced with a punishment such as a fine or‚ I extreme circumstances‚ forced closure of a business. Data protection Act –The Data Protection Act is set up to stop businesses unlawfully sharing customers
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Legal Forms of Business Mike Martin LAW/531 January 9‚ 2012 Carmina Perez-Fowler Legal Forms of Business Legal forms of business include sole proprietorship‚ partnership‚ limited liability limited partnership‚ limited liability company‚ S corporation‚ franchise‚ and corporation. Each of these legal forms offers distinct benefits to business owners and investors. The decision to incorporate one legal form as opposed to another is often determined by circumstance and underlying factors. Cheeseman
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How businesses are influence by the economic environment The business environment consists of different influences that are outside of a business from political‚ social and legal changes. These influences can change for the better or for the worst for the business economic factors. The economic environment consist of many individuals who make decisions that buy and sell goods‚ borrow and lend money‚ raises taxes and change interest rates. Consumers are who purchases the goods for their own
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INTRODUCTION Global business environment can be defined as the environment in different countries making on resource use and capabilities which including: the social‚ politic‚ regulatory tax‚ cultural‚ legal and technological environment.(The international business environment‚ Leslie Hamilton/Philip Webster‚ second edition/2012) Business principles are capital and inflation. In the present Bank of England cut over the capital and most of the Bank is needs external help because
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Legal Aspects of a Business Subjecc: Princples of Business Introduction When starting up a new business it is very important to look at the legal aspects which will influence the company in the future. In this part of the information file there will be the most important legal aspects for running a student company. First there is the selection of business form‚ in which there will be a compairison between the different possible forms. Afterwards a
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Political and Economic Environment Comparison Political and Economic Environment Comparison Introduction The political and economic environments between Costa Rica and Mexico have similarities as well as differences. There are strong values and ethical views from both cultures that need to be compared and respected before there is complete understanding. The ability to understand each culture’s description and detailed information will determine how both cultures are able to understand
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industry‚ but to continue in achieving sustainable competences‚ Tang Dynasty has been developing new products‚ seeking innovation and to explore new markets among the world. Introduction: Undoubtedly‚ international expansion is the key factor to business success. Tang Dynasty aims in expanding its chain stores to overseas market – London‚ UK. Whether or not the selected market (i.e. London) would be a good choice and when will be the best time to
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Legal Forms of Business LAW/531 Business Law March 4‚ 2013 Dr. Linda Fried Legal Forms of Business Businesses exist and managed in many of the same ways. However‚ there are many formats that businesses are operated in. From sole proprietorship to different partnerships to corporations‚ each form has many similarities‚ but they are very different types of businesses. Each business entity will vary on three primary factors: liability‚ taxation and record-keeping (Entrepreneur‚ n
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How political and legal systems affect International Business Introduction Political and legal systems play a major role in the International businesses for the companies that source‚ produce‚ market and export products in foreign countries. They pose a big challenge to the companies and the companies need to overcome the factors to become successful in the international stage. We will see the various political and legal environments available and how they would affect the international business. Political
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The Business Environment and the AIS An AIS does not exist in a vacuum; rather it is an integral part of the firm it serves. The AIS has close relationship with the organization of the firm and its physical operations or process. The firm itself is a system with its own environment. Many of the business and accounting events that are captured and processed by the AIS arise within the environment of the business firm. There are three subsystem of the firm: organizational‚ operational and information
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