...Class Action Law Suits Allen R. Yates One of the most fascinating aspects of business law is the class action lawsuit. I find this intriguing because class action law suits are often litigated on the same principles as other types of civil action suits, however, the outcome of the class action lawsuit often may have a deep impact on our society, as well as our legal system as a whole. In a normal civil lawsuit, where the plaintiff is the victor, said plaintiff is typically well compensated for their respective damages. Thus it can be viewed that is how justice is served in these cases. In the class action lawsuit where the plaintiffs win, often the individual is not proportionately compensated for their damages as compared to the victor in the average civil suit. In fact there have been class action law suits that have been held in favor of the plaintiffs, damages have been rewarded by the courts, but the individual did not receive a cent of monetary compensation. Yet, in these cases, justice has still been adequately served on the basis of morality. . In this paper, we are going to take a look at class action lawsuits. This paper will cover the history of class action lawsuits, what exactly a class action law suit is, how a class action suit is filed, and we’ll take a look at some of the more famous and impacting class action lawsuits in our nation’s history. The history of most of the United States legal system is deeply rooted in the heart...
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...and the possible reactions of the business to government decisions. What actions the Tesco would take based on the policies? What the government expect the businesses to do? Possible reactions of the businesses to the government policies? What would businesses do for the changes the government makes? Economical policy Environmental policy health policy competition policy The economical policy affects Tesco’s. The possible changes the government could make are: * A rise is co-operation tax * A rise in Interest rates In order to take action Tesco’s could pass some of this tax to its customers charging higher prices for the goods/services. If interest rates start rising, this could be a downfall for the business and customers will reduce their expenditure. This depends if Tesco’s takes a loan out if it is struggling but because Tesco’s is a global organisation, they probably wouldn’t need to. If any of the problems do , the possible reaction may be that they may request the government to reduce tax/interest rates because businesses may not be able afford it and wouldn’t be doing as well as it was before. The environmental policy affects Tesco’s. Environmental concerns: * Carbon emissions * Sustainability * Complying with environmental laws Tesco’s is working on reducing emissions by 2020 and they can do this by reducing carbon footprint of their supply chain by 30%. Having sustainability in the business is better because you’re less likely...
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...Goldkuhl ACTION and MEDIA in INTERORGANIZATIONAL INTERACTION T Coordinating the role of IT with business processes. he language-action perspective (LAP) has contributed to several models of coordination of work. In the seminal work of Winograd and Flores [12] the conversation-foraction (cfa) scheme was introduced. This scheme describes, as a kind of generic construct, how two actors come to an agreement about what is to be done. There is someone who asks for the work and someone to perform the work. There are several approaches to business modeling following the cfa scheme. The two most famous approaches seem to be Action Workflow [9] and DEMO [1]; see the article by Dietz in this section for more on the DEMO methodology. The general idea is to get a business model of how people, through conversation, coordinate their work. Such a business model, focusing on coordination, should be seen as foundational for the development of supporting software. The LAP spirit is to consider software as a tool for coordination. COMMUNICATIONS OF THE ACM May 2006/Vol. 49, No. 5 53 Action Workflow and DEMO are general business imply. BAT is a generic model for describing busimodeling methods based on LAP. They can be used ness interaction between a customer and supplier for modeling coordination within one organization (see Figure 2). It describes business interaction in (intraorganizational coordination) and can also be terms of four phases of a business transaction:...
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...IS 3110 Business Continuity Plan Contents 1.0 | About this Plan | Page No | 1.1 | Document Control | | 1.2 | Plan Purpose | | 1.3 | Plan Remit | | 1.4 | Plan Owner | | 1.5 | Plan Distribution | | 1.6 | Plan Storage | | 1.7 | Plan Review Date | | 1.8 | Plan Exercise/Testing | | 2.0 | Plan Activation | | 2.1 | Circumstances | | 2.2 | Responsibility for Activation | | 2.3 | Process for Activation | | 3.0 | Incident Management | | 3.1 | Purpose of the Incident Management Phase | | 3.2 | Actions to Protect the Safety of Staff, Visitors and members of the Public | | 3.3 | Communication Actions | | 3.4 | Actions to Support Business Continuity | | 3.5 | Actions to Support Recovery and Resumption | | 3.6 | Communicating with staff | | 4.0 | Business Continuity | | 4.1 | Purpose of the Business Continuity Phase | | 4.2 | Critical Activities | | 4.3 | Non Critical Activities | | 4.4 | Business Continuity Actions | | 5.0 | Resumption and Recovery | | 5.1 | Purpose of the Recovery and Resumption Phase | | 5.2 | Recovery and Resumption Actions | | 6.0 | Appendices | | | [Additional information can be added as needed through meeting with stakeholders] | | | | | | | | | | | 1.0 About this Plan 1.1 Document Control Date | Revision/Amendment Details & Reason | Author | | | | | | | | | | | | | 1.2 Plan Purpose The...
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...• Conduct an internal and external environmental analysis for your proposed business. • Use the information obtained from your internal and external analysis, as well as the lesson learned from the Considerations of a Strategic Plan: List assignment. • Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table. • External forces and trends considerations: • Legal and regulatory • Global • Economic • Technological • Innovation • Social • Environmental • Competitive analysis • Internal forces and trends considerations: • Strategy • Structures • Processes and systems • Resources • Goals • Strategic capabilities • Culture • Technologies • Innovations • Intellectual property • Leadership • Write a 1,400-1,750-word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following: o Include economic as well as legal and regulatory forces and trends. o Critique how well the organization adapts to change. o Identify issues and/or opportunities: o Identify the major issues and or opportunities that the company faces based on your analysis above. o Generate a hypothesis surrounding each issue and research questions to use...
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...Module 1 - Identifying Global Business Opportunities Module 2 - Analyzing International Competitors Module 3 - Assessing the Economic/Geographic Environment Module 4 - Assessing the Social- Cultural Environment Module 5 - Assessing the Political Legal Environment Module 6 - Selecting a Global Company Structure Module 7 - Financing Sources for Global Business Operations Module 8 - Creating a Global MIS (Management Information System) Module 9 - Identifying Human Resources for Global Business Activities Module 10 - Managing International Financial and Business Risks Module 11 - Product Target Market Planning for Foreign Markets Module 12 - Designing a Global Distribution Strategy Module 13 - Planning a Global Promotion Strategy Module 14 - Selecting an International Pricing Strategy Module 5 - Determining Organizational Financial Results Module 16 - Measuring International Business Success ...
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...AFFIRMATIVE ACTION IN PUBLIC & PRIVATE PROCUREMENT ENGLISH LAW LaSadia Whitman Abstract Throughout history, there have been many policies and laws that have been passed to make America, a county that will offer a citizenship equal liberty, rights and equal opportunity. In my paper I will discuss the path on how affirmative action was established, and how it is important to public and private procurement. I will use examples of affirmative action from recent discriminating cases. I will show how affirmative action affects federal and subcontractors within the government agencies. I will also talk about how high level manager uses affirmative action within their companies. I will also discuss the path of affirmative action how the changes affect the veterans that have served in the U.S. military. Finally I will discuss how affirmative action has helped changed America for the benefit of the people. “Preferential affirmative action patronizes Americans, blacks, women and others by presuming that they cannot succeed on their own. Preferential affirmative action does not advance civil right in this country” (Alan Keyes). As many decades have past, the question of whether America is place where equal opportunity is available to every citizen of the United States has grown as major debate throughout society. The legal meaning of affirmative action is the employment programs required by the federal statutes and regulations designed to remedy discriminatory...
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...Seminar/Constructive Action: Intra & Entrepreneurship/Business Planning Course Code: FLD 521 PCA Course Description Students create an intra or entrepreneurial plan for the development and growth of a beneficial and profitable venture incorporating the necessary marketing, financial, legal, organizational and administrative components. Course Objectives After completing the course, the student will be able to: 1. Apply acquired business skills (finance, accounting, marketing, management, negotiation, human relations, legal, and administrative) to create an intra or entrepreneurial business plan for the development and growth of a beneficial and profitable venture. 2. Improve on key business skills including writing, oral communications, goal-setting, and organizational leadership and planning. 3. Produce a business planning document that will enable you to successfully implement your Purpose III Constructive Action project. Course Relevance to CA The course introduces the students to business management: planning, organizing, staffing, directing, and controlling that are applicable to managing entrepreneurial or intrapreneurial ventures. This course prepares the students for real life business operations and teaches them practical application of theoretical learning. Course Prerequisite Purpose I Constructive Action Required Textbook: Stutely, R. (2007). The definitive business plan: the fast-track to intelligent business planning for executives...
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...Business Ethics and Employment Name: Course: Tutor: Date: Business Ethics and Employment Every business needs to have moral guidelines that govern its operations. These moral guidelines are referred to as ethics. Businesses have an obligation to behave ethically, that is, doing what is morally right. Behaving ethically in the business environment is widely considered to be a good business practice. Werhane (2015) sums it when she says “being good is good business.” Ethics in business cover almost every aspect of business for example, in finances, in handling customers, in waste disposal and also in staff recruitment. This paper will discuss why discrimination in hiring, retaining and remunerating staff is unethical in business. Discrimination in the workplace was such a serious and frequent occurrence that the government developed the affirmative action policy. Affirmative action requires that business when hiring recognize the fact that all people to need be accorded equal and full consideration on the basis of their qualifications and merit. Affirmative action was created in order to promote the hiring of individuals in protected groups especially minorities and women (Rowland and Loury, 2010). The policy allows for active measures to be taken in order to avoid the non-discrimination of women and minorities in the work place. Rowland and Loury (2010) explain that affirmative action is the banning of discrimination against disadvantaged people. It requires that equal...
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...• Conduct an internal and external environmental analysis for your proposed business. • Use the information obtained from your internal and external analysis, as well as the lesson learned from the Considerations of a Strategic Plan: List assignment. • Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table. • External forces and trends considerations: • Legal and regulatory • Global • Economic • Technological • Innovation • Social • Environmental • Competitive analysis • Internal forces and trends considerations: • Strategy • Structures • Processes and systems • Resources • Goals • Strategic capabilities • Culture • Technologies • Innovations • Intellectual property • Leadership • Write a 1,400-1,750-word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following: o Include economic as well as legal and regulatory forces and trends. o Critique how well the organization adapts to change. o Identify issues and/or opportunities: o Identify the major issues and or opportunities that the company faces based on your analysis above. o Generate a hypothesis surrounding each issue and research questions to use for conducting analysis. o Identify the circumstances surrounding each...
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...restaurant. Implementing a business plan includes all sorts of milestones, objectives, goals and action plans. It is important that dates accompany each of these. Once a date has been assigned to a specific task, goal, etc. It becomes a target. Everyone involved in carrying out the activities set forth in a business plan must have a complete understanding of the various targets, their involvement and how they will be met or achieved. There needs to be some level of accountability and follow-up. When targets have been met, those involved should know. The objectives and scopes of the plan is fulfil the needs of the customers and to get the good business for the company and to maintain good cost quality facility luxury Market research and feedback is giving very good response. Use indicators such as sales volume, productivity benchmarks and market share statistics to guide you in making a decision as to whether or not a target has or has not been met. Keys to Sucessfully Implementing a Business Plan Strategic planning are more than the process of analysis and objective setting that occurs once a year. Once the Business Plan has been created and communicated, implementation and continued review should follow throughout the year. The Business Plan is built during the planning season by completing a thorough business assessment, making operating decisions, building operating plans and making the financial decisions that will allow the Business Plan to succeed. The remaining...
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...excellence and high performance in the operation of the business. His decisions are very critical to the success or failure of the business. He is also responsible for turning such decisions into actions. II. Objective The primary objective of the study is to identify the major problem and articulate a solution that resolves the issues. III. Problem/Issue Analysis Snapple come up with a decision whether to change its strategies to keep on competitive in the ready-to-drink market and how they supposed to do these strategies with all the pressure that goes with it. IV. Alternative Courses of Actions (ACAs) The courses of actions presented in this case are made possible to address the problems and issues, these are as follows: Course of Action No. 1 Expand the company Advantages • The primary benefit of business expansion is the ability to attract, retain, and gain new customers. • Expanding the market of the business will give sense. It will create recognition to the company as well as the product/services they offer in the market • One clear advantage to expanding a business is the opportunity to staff the firm with new, qualified people. It will acquire new personnel that help on the day-to-day operation of the business. Disadvantages • When you expand your business, you often spread the risks of doing business and reduce the potential of one product or one poor decision damaging your business. Operating in multiple...
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...Distinguish between consequentialist and non-consequentialist ethical perspectives and discuss their application in a business context. Andrew Brady 10358293 Ethics can be defined as distinguishing and choosing between right and wrong (Oxford English Dictionary) and is a central part of what makes us human. It is, however, not as simple as it would first appear. The idea of ethics has long been the topic of discussion for philosophers and there are many differing views on the issue ranging from utilitarianism to virtue ethics. Despite this multitude of views certain grounds are agreed upon with regards to ethics: * The possibility of free will. * The focus on an individual’s relationship with others. * Some form of individual responsibility. (O’Regan, A; 2012) Morality and ethics are the fabrics with which our society is sewn. Society, its laws, social order and ethics are all interlinked. One of the main goals of society is to create harmony among its people and as such morality plays a huge role (Anon; 2007). Without these moral principles humans would act on mere base instinct with little regard for consequence, be they positive or negative. With this in mind it can be said that ethics and morality arise when we are no longer bound by the rules and laws of our society and as such must look within ourselves to decide what is right or wrong (Anon; 2007). As I have already said ethics is seen as an entirely human concept and is often seen as a social construct...
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... For example, the rate of appearance of new technologies, such as the Internet, is a daunting fact of life for any business. Faced with a multitude of forces encouraging speedy action, many firms respond to the pressure by reducing or even eliminating the time allocated to planning. In a nutshell, it seems as if the pressures of the new competitive landscape are pushing planning aside and forcing companies to simply act faster. Although the idea of planning before starting an activity is intuitively appealing, there are many criticisms of “plan first.” One criticism is that more could be accomplished if the time spent on planning was allocated to other activities. This “plan first or act first” dilemma may be most evident in the development of new ventures—mainly due to the narrow window of opportunity they seek to exploit. The argument is that planning is of little value at the outset of new ventures because time allocated to other activities is of more value at such a critical stage in the organization’s life. In other words, planning takes time away from making the firm a “reality” since the uncertainty and fast timing of entrepreneurial opportunities warrant quick action. Instead of pouring their efforts into planning, founders of new ventures might better spend their time on actions that immediately exploit the identified business opportunity. Another argument is that there is limited downside risk early in the firm’s life for mistakes because entrepreneurs...
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...Summary Case : “Ethics : A Basic Framework” Business ethics are basic moral principles that guide both people and companies behaviour in business world. Ethics in business are important because it has important implication for company’s function as an organization, ability to manage risk, and company reputation in marketplace. Ethcis become important in make company reputation because market participants are often make ethcial judgement about the company and some will even be rewarded or punished. If a company run the business with good corporate governance, lawfully, and protecting human right so that company will have at least good reputation among market participants. There are a framework of business ethics that contain four concepts with ethical theory and its associated to the fundamental question that an business actor shoud consider when evaluating a possible course of action : * Duties. All of business actor is required to be capable of fulfilling their basic duties and the basic moral duty is a requirement to act or not to act in certain ways. They have to understand what their duties are, because the action they do may give rise to critism or blame so that the problem is, “ïs the action that they do consistent with their basic duties?” * Rights. A right is an entitlement to certain behaviour from other people so that the actor have to respect others right. The action must consider the question : “Does it respect the rights and other legitimate claims of the...
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