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...final paper Ricardo Marquez Ashford BUS:670 Legal Environment Dr. Gary Gentry May 20, 2013 Outline of final paper My final paper will focus in the Peruvian generic medicine market. The Peruvian market is dominated by the leading laboratories who set the prices and control the brands. Peruvian customers are used to follow doctors prescriptions strictly and believe that the use of generics is dangerous. This situation allows the laboratories to capture the market and set the prices (Peruvian medicines are more expensive than in the USA). The Peruvian health agency; "Ministerio de salud" signed a cooperation agreement with national association of pharmacies for them to distribute 83 of the most used generic medicines along with the brand medicines. They never kept up the agreement, and the pharmacies refuse to sell generic medicines. The generic drug industry covers the marketing and sale of medication containing the same active ingredients and dosages as brand-name drugs manufactured by the pharmaceutical industry. Drugs can be prescribed under their chemical name without specifying a particular pharmaceutical brand or company. A key benefit of generic drugs is that they usually cost a fraction of the price of brand-name drugs. In this context, our company (consulting) is planning to open a franchise of pharmacies that will exclusively provide generic medicines to the customers. We have two investors that have different approaches for the business. Final paper will...
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...Negligent Tort Linda Rapp Bus 670 Dr. Jennifer Stevens Febuary10, 2014 Ashford University Negligent Tort Understanding the Negligent Tort concerning product subject to recall from the Consumer Product Safety Division the product involved was three styles of Sugarfly-branded hooded woven and cotton styles jackets. The jackets were manufactured by Burlington Coat Factory stores nationwide. Style number KMCB1255,KMCBJ410,KMCBJ421 are the products being recalled the hooded jacket should be taken away from children to avoid hazard. The coat coat sizes are for girls age 7 through 16 the date of the recall is from September 2011 through September 2013. The consumer will receive complete product refund around $ 40.00. The Burlington Coat Factory negligent actions in selling the product in question in product liability with the laws that protect consumers the Safety Improvement Act in 2008 (Seaquist,2012) The answer is if the Burlington Coat Factory had not recalled the product and caused harm to consumers they would have been liable for negligence actions. The Discusses the following in relation to the product recall:: Duty of Care Standard of Care Breach of the Duty of Care Actual Causation Proximate Causation Actual Injury Defenses to Negligence Analyze and apply a relevant consumer protection statute identified under “Consumer Protection” in Chapter 8 of your text in conjunction with the product recall that you have identified.Must addres Home / Regulations...
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...Outline Name BUS 670 Legal Environment (MOD1623B) Jason Lum June 27, 2016 Outline For my final paper, I will be talking about the claims and lawsuits brought against businesses. Over the years, there have been several laws set into place so that the working class can feel safe and secure in the position in which they ae working. The legal/ethical issue that I will be focusing on will be Employee Health and Safety. These safety laws are the number one leading issues which cause lawsuits against businesses. I will speak on worker’s compensation claims. Using examples from my experiences with working in the insurance field. Responsibilities of managers: Observe health and safety of employees Instruct employees to be safety alert Looking into accidents Clearly communicate regarding safety policy to employees Responsibilities of supervisors/departmental heads: Offer technical training concerning to obviation of accidents Align health and safety programs Train employees on treating facilities and equipment’s Formulation of safety reporting systems Assertion of safe working conditions. I will use several references pertaining to management guides, safety management and human resources. References: Armstrong, M. (2000). Strategic Human Resource Management: A Guide to Action. (2nd Ed.). Kogan Page Publishers. Bernardin, H. (2007). Human Resource Management. McGraw Hill. Bratton, J. &. (2001). Human Resource Management: Theory and Practice. (2nd Ed.). Routledge. Breeding,...
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...Grammarly Report generated on Mon, 09 Nov 2015 20:36 Grammarly Page 1 of 4 DOCUMENT SCORE CONTRACT 90 of 100 ISSUES FOUND IN THIS TEXT 4 Contextual Spelling Grammar 0 No errors 2 Determiner Use (a/an/the/this, etc.) 1 Wrong or Missing Prepositions 1 Punctuation 0 No errors Sentence Structure 0 No errors Style 2 Passive Voice Misuse 1 Wordy Sentences 1 Vocabulary enhancement 0 Checking disabled Grammarly Report generated on Mon, 09 Nov 2015 20:36 Grammarly Page 2 of 4 CONTRACT CONTRACT: 3 | Page RUNNING HEAD: CONTRACT 1 | Page Contracts: Dinessa Jackson Bus 670 Legal Environment Instructor- Kimberley Stock-Foster 11/9/15 Thesis: The paper will explore the details about 1 business 2 1 Possibly confused preposition contract. A business contract is a legally binding 2 [ the business ] agreement between two or more parties to do or not do certain things. The initial process of a contract consists of information exchange, discussion, Grammarly Report generated on Mon, 09 Nov 2015 20:36 Grammarly Page 3 of 4 negotiation and employment arguments. The basis of the contract will consist of the offer, acceptance, the intention of legal consequences, and consideration. A contract is when one individual makes an offer and that offered is accepted by another individual for an exchange of some benefit or something of value by the individual...
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...Legal Underpinning of Business Law Gregory Wright BUS 670 Legal Environment Andrew Stave Monday April 15, 2013 In this paper I will discuss business structure and organization and how liability differs between each organizational form. My business Tinker’s Home Security Service is being sued by one of my clients for breach of contract. The lawsuit derives from the fact that one of our clients’ property was burglarized and they are stating that we failed to dispatch authorities to their property after the alarm had been triggered. There are different ramifications depending upon how I chose to structure this business and in the next section I will briefly discuss each of them. The various forms of organization are established by state law. There are a wide variety of business organizations recognized by the states. For example, a popular form of organization is the Limited Liability Company (LLC). The LLC is a state designation. At the federal level, an LLC is considered a partnership. If the LLC so chooses, it can be request to be considered as a corporation at the federal level. There a total of six forms of business organizations; Sole proprietors are unincorporated businesses. They are also called independent contractors, consultants, or freelancers. There are no forms you need...
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...Legal Underpinnings of Business Law Anthony Bourdain BUS 670 Professor Pat Riley May 23, 2016 Business ownership is formed around the concept of what the business owner(s) have in mind with regard to personal benefits and limitations. As with any type of business venture or partnership, there are financial advantages and disadvantages of normal day-to-day operations that can lead to court actions as a result of specified liabilities involved. In the matrix provided below, comparisons and contrasts of personal liability exposure associated with sole proprietorship, general partnership, limited partnership (LP), corporations, and limited liability companies (LLC) in a lawsuit for breach of contract is shown using Tinker’s Home Security Service brand. This paper will identify the underpinnings of business law and how business owners can prevent and in most cases avoid the possibilities of litigation from coming to fruition. Tinker’s Home Security Service is set up as a sole proprietorship meaning that the business is owned and operated by a single business owner. Many owners looking to startup a business consider this approach because of its simplicity, independence and affordability. Authors Hopson and Hopson (2014) mentions how a sole proprietorship is least demanding to frame and upkeep. (Hopson & Hopson, 2014, p. 47). Less downtime and maintenance will only help improve productivity thus leading to positive financial gains. The downside to this business type is...
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...The Big Apple's Corporate Responsibilities Russell Ransom Strayer University Contemporary Business BUS 508 Dr. Kimberly Malone-Haddox January 24, 2015 The Big Apple's Corporate Responsibilities Apple Inc. is considered the world’s most admired company in the world. It holds this position in many categories, according to Fortune Magazine. These categories include innovation, people management, the use of assets, financial soundness, social responsibility, and many more. ("World’s Most Admired Companies," 2012) Needless to say, Apple Inc. is doing extremely well, and is projected to beat its current predictions on the sales of its new IPhone and IPad. Apple is at the top of their game, as far as making money and new innovative products that are sought after, year after year, by loyal customers and new customers. The most admired category’s that will be investigated in this paper is the ethical and social responsibilities and the marketing strategy of Apple, Inc. Our textbook states that “An organization that wants to prosper over the long term is well advised to consider business ethics, the standards of conduct and moral values governing actions and decisions in the work environment.” (Kurtz, 2013, p. 32) Large companies, such as Apple, Inc., that are known throughout the world as a global giant, have certain ethical responsibilities to consumers, investors, people who work for them, and the world as a whole. We will look at Apple’s current position on the company’s...
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...Elements of a Contract Week 3 Assignment Bus: 670 Legal Environment Micah Blount Prof. Jennifer Stephens February 17, 2014 Introduction The goals of a contract are to ascertain the concord that the parties have prepared and to allot their privileges and responsibilities in accordance with that contract. The legal courts should implement a legitimate contract as it is created, unless there are basis that affect its enforcement. It is the purpose of the decree to promote the development of contracts between capable parties for legal rationales. As a universal statute, contracts by able parties, justifiably prepared, are compelling and enforceable. The provisions to which they have settled force persons to a contract. The purpose of this paper is to determine whether the contract in question is legally bidding. Many people call contracts “agreements”; however, I prefer the term contract, because it can mean one or more agreements within the contract. In contract, word “agreement” sounds as though only one agreement was made. A contract is formed when two or more persons or “parties” (hereafter party) agree to do, or to refrain from doing, something; and each party has some sort of stake in the outcome. In other words, one party cannot provide all the benefits while the other party provides nothing. For a valid contract to be formed that is enforceable by a court, each of the following criteria must be present: offer, acceptance, consideration, capacity, and legality...
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...Anti-Discrimination within The Workplace Erik Ortega BUS 670 Legal Environment Professor David MacKusick August 20, 2015 Many employers are facing the difficult challenge of bringing and recruiting employees that are excellent performers. Most of the companies of today still continue to post vague, bland, and uninteresting job descriptions in the hopes that they will land them a candidate who is the ideal fit for the position and the company as a whole. Having a full recruitment strategy in place eliminates any potential risk when deciding who to employ and bring into your professional life (Caan, 2015). Companies want to hire top performing employees, but most are not aware of strategic and effective ways to help avoid violating any anti-discrimination and other employment law. As (Caan, 2015) states “After shortlisting the final candidates, I like them to carry out a practical task, such as doing a presentation or preparing a report. This is a great way to show whether their bark is bigger than their bite, or if they really do have the goods to deliver on their interviews.” These are some significant tasks that need to be understood and used in a strategic manner to help ensure that the hiring process will attract the best candidate to fill the position. In this paper, I will be preparing an advertisement for the position that my hiring manager is hiring for. In this advertisement, I will be providing the job description, description of duties, and a description...
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...Anti-discrimination Laws Related to Employment BUS 670 Legal Environment February 17, 2014 Anti-discrimination Laws Related to Employment An important task that leaders face is attracting and recruiting employees that are top level performers. Most companies still post bland, uninteresting job descriptions, crossing their fingers in hope that they will find the ideal individual who is an organizational fit. In addition, the most shocking aspect of this is that most business leaders focus their resources and efforts going after the 17% of candidates who are actively seeking employment, yet desire to employ the 83% who are not looking for work (Adler, 2013). Employers want to hire top performers, but most are not cognizant of doing so in effective ways and avoid violating anti-discrimination and other significant employment laws. For example, Adler (2013) informs that there are a variety of reasons that hiring managers have a hard time finding the best recruits, including that: employers depend on a surplus of candidates during the hiring process, but seek them in a talent scarce environment; candidates do not know how to engage in the hiring game; and few hiring managers take responsibility for attracting quality candidates because they are focused on attracting quantity, hoping to discover that diamond in the rough. These are all significant issues that need to be addressed, dissected,...
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...Yemer Contemporary Business/BUS 508 Strayer University January 24, 2011 1) Compare and contrast the two businesses—core business, their size, financials, global presence, use of e-business (marketing, sales, etc.). A diversified company is one that has multiple, unrelated businesses. Unrelated businesses are those, which (1) require unique management expertise, (2) have different end customers and (3) produce different products or provide different services. One of the benefits of being a diversified company is that it buffers a company from dramatic fluctuations in any one-industry sector. However, this model is also less likely to enable stockholders to realize significant gains or losses because it is not singularly focused on one business. Investopedia (2011) states that companies may become diversified by entering into new businesses on its own, by merging with another company or by acquiring a company operating in another field or service sector. One of the challenges facing diversified companies is the need to maintain a strong strategic focus to produce solid financial returns for shareholders instead of diluting corporate value through ill-conceived acquisitions or expansions. Wal-Mart and Kmart; along with Target are the three primary retail giants in the United States. This paper will compare and contrast Wal-Mart...
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...Journals Review Key issues in cross-cultural business communication: Anthropological approaches to international business Tian Guang* and Dan Trotter Shantou University, Shantou City, Guangdong Province, Southern China. Accepted 8 March, 2012 Cultural factors have long been known to influence the communication and success potential of competition. Cultural awareness shapes how business firms behave in cross-culturally reflected international markets. It is broadly recognized that cultural factors act as invisible barriers in international business communications. Understanding cultural differences is one of the most significant skills for firms to develop in order to have a competitive advantage in international business. This paper probes some key elements of cross-cultural issues in international business communication and provides a framework for creating competitive advantage for firms engaged in international business. Culture affects many aspects of international business communication. It impacts free trade policies, localization and standardization strategy decisions, advertising, brand effectiveness, business relationships, international business management, international marketing, international negotiation, and consumer behavior. Seven themes are suggested as guidelines for further research: Cultural impacts of markets, international versus domestic business communication, standardization versus adaptation in cross-cultural communication; cross-cultural dimensions...
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...How Safe Should Products Be Lester G. Deese Bus 670 Legal Environment Dr. George Holbrook 26 Jan 2015 Primal Vantage Tree stands This week’s assignment is to visit the United States Consumer Product Safety commission’s web site and pick a recalled product. Finding a topic took only seconds the first product hit home, reminding me of a friend who used tree stands religiously. The recalled product is a tree stand sold by Primal Vantage Manufacturing; the tree stand itself was made in China. The objective of this paper is to explore the amount of liability and neglect Primal Vantage is accountable for. Proving or disproving neglect by the Manufacture Primal Vantage. The product chosen is Hunters Tree Stand by Primal Vantage, the actual name of the product is Ameristep Hyde Cliff Hanger Model Number 2RX1h008C Date Code JH-2014-3-6 and the Sky Walker Tree Stand Model Number 2RX1H009C Date Code JH2014-3-6. These aluminum tree stands were recalled 22 January 2015. All items recalled by the United States Consumer Product safety Commission are given a Recall Number, Primal vantage’s is NU# 15-063. The official reason the product was recalled is due to a hazard on the tree stands platform, the cast aluminum platform could break resulting in the occupant falling to the ground causing possible serious injuries to the occupant and to the unlucky person under him. The product was recalled after Primal Vantage received reports of six tree stand platforms...
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...The Law and Ethics within a Business Noel Jones BUS 670: Legal Environment Professor Eliza Gordner January 16, 2012 The Law & Ethics within a Business In the world of business companies and their employees are bound by both ethics and the law. Ethics is defined as “the philosophical study of what is right and wrong, good and bad” (Liuzzo and Bonnie, 2010; p19). All those are companies are bound by the same code of ethics, they are not all bound by the same laws. Depending on the type of business, they will either be governed by Federal, State, Local, or a combination of the three law governing bodies. This paper will discuss an example of issue and demonstrate where the law, ethics, or both was violated by a company or its employee(s). First, is to discuss a bit about Ethics. Resisting Acts to Perform Unethically It is of the utmost importance that not only managers, but all employees, act and perform ethically while carrying out their duties. A manager or employee should try to recognize unethical acts, and also bosses. Although, an employee may not always be able to recognize unethical requests or bosses; therefore it is best to thoroughly consider what is being asked of them. It is possible that a boss may ask an employee to perform the unethical task for them in hopes that the employee does not realize or is just a “team player”. If this occurs, the employee should take action. An employee may “buy time” in order to...
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