The company has been affected in a good way because this act allows the company to have the right to sell their products and services. Which allows the business to keep running and trading. * Consumer protection from unfair trading. This law is in place to prevent traders are honest and fair when offering their products and services for sale. Examples of how business have been affected by consumer protection from unfair trading- 1.
These are some examples of questions that Kudler will have to review and ask themselves when they are in the process of hiring new employees for their expanded service. It would be practical business protocol to review these questions with their lawyers and senior management in order to be in compliance with the laws of business. Conclusion To conclude, Kudler has addressed many different legal concerns regarding how it does business. These areas of concern were divided into four
o ECO/365 Principles of Microeconomics Learning Team Weekly Reflection There were many objectives in week four that related to each of the team member’s personal experiences within our field. Analyzing the effects of externalities on market outcomes and the differences between horizontal, vertical, and conglomerate mergers has allowed us to understand how the market really works and how we and our employers fit into the grand scheme of things. This week, it was also important using critical thinking to analyze what the government actually does and whom it impacts when they decide to intervene in certain areas. 4.1 Analyze the effect of externalities on market outcomes. In understanding externalities, the team was able to understand the positive and negative impacts associated with externalities.
o Analyze how the vision, mission, and values guide the organization’s strategic direction. o Evaluate how the organization addresses customer needs and critique how they achieve competitive advantage. BUS 475 - Week 3 - Strategic Plan, Part II: SWOTT Analysis Individual Assignment: Strategic Plan, Part II: SWOTT Analysis Conduct an internal and external environmental analysis for your proposed business. Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today’s business environment and each Learning Team members’ selected business idea, provide a list of the lessons learned from your Learning Team’s discussion for each of the items listed below.
Reflection Team D LAW/421 Terika White Donna Merricks Samantha Atkins Kristofer Metz Juraporn Hughes Aug 18th, 2014 Safiya Byars Week 4 Reflection. Donna Merricks Within my lifetime I have entered into multiple contracts from purchasing a home, automobiles, cell phone service, furniture purchases and many more has made me familiar with contracts. The sales contract is designed to protect the vendor and consumer, listing the terms and conditions the two agree upon to honor their sides of the contract. Contracts play a big part in life, and sooner or later a person will encounter entering into one. The contract of sale is one I often deal with, because I am a Porcelain and Barbie Doll collector, so I must meet with the person selling the product and enter into a contract of sale to itemize the condition of the dolls in writing with
Let’s understand the elements of a valid contract, and discuss how consumers and banks each have a duty of good faith and fair dealing in the banking relationship. Let’s also compare and contrast the differences between intentional and negligent tort actions. I’ll discuss the tort action of “Interference with Contractual Relations and Participating in a Breach of Fiduciary duty” and, if the bank I’ve chosen were to behave as JP Morgan did, would I be able to prevail in such a tort action. Lastly let’s discuss how banks have protected the software that allows for online transaction to occur through automation. Discuss how administrative agencies like the Securities and Exchange Commission (SEC) or the Commodities Futures Trading Commission (CFTC) take action in order to be effective in preventing high-risk gambles in securities / banking, a foundation of the economy.
There needs to be a standard operating procedure using a company policy approved Customer Relationship management system. With a Customer Relationship management system Riordan can track all customers and their needs through one system. Also any sales member would be able to pick up the account if needed and have all the same information for that customer. The Customer relationship management system will also be used to control the production plan for each customer for records of units produced. The marketing, finance and production departments will be able to use the CRM to track profits and losses by item or groups.
SOX were introduced to be known with its purpose. SOX is an act in protecting investors by improving the accuracy, and reliability of corporate disclosures made pursuant to the securities laws, and other purposes. New parts of the law are cited at 15 USC 7201. Many provisions is located at 78 USC because many of the provisions
2). Every stakeholder has a different interest in the company well-being. Internal stakeholders are the organization stockholders and owners. They request proper return on their investments. In addition, stockholders have the right to inspect the company books, and elect the board of directors.
Examples are given which will assist in providing a clearer understanding on employment laws. Also scenarios are demonstrated. These scenarios give example of how a company can violate these laws.