...Legal, Political and Ethical Environment: Dimensions of business environments are often classified in 6 major groups represents by the acronym PESTEL. These are: 1. Political 2. Economic 3. Socio cultural 4. Technological 5. Environmental 6. Legal Political environment includes factors like the nature of government policies particularly those related to taxation, industrial relations, regulation of internal business and industry, and foreign trade regulations. It also relates to the stability of the government in power and risk of major political disturbances. Economic factors, as the name implies related to the general condition of the economy within which a business operates and conducts business. It will include factors like GNP, economic growth rate, interest rates, inflation rate, moneys supply, and unemployment rates. Socio cultural factor cover the nature of the life style, culture, attitude and other such common factors that influence and describe the behavioral characteristics typical of the people. It will include factors like demographic profile of the people, culture, and life style. Technological dimension covers the nature of technology available and used by an economy or industry in general. It also covers the extent to which development in technologies are likely to take place. This may be reflected in factors like expenditure on R&D and rate of obsolescence. Environmental factor refers to the physical or geographical environment affecting...
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...Legal and Ethical Environment of Business your T name AMERICAN INTERCONTINENTAL UNIVERSITY Abstract How important is it to have freedom to contract and practical commerce and be technologically neutral. Can you create a new computer chip design it , bubble wrap it and ship it for sale and still have ownership of that computer chip? With the Uniform Commercial Code and Uniform computer Information Transaction Act they will shed light of how you are protected by the government. Not just consumers but business are govern a like . . Before the UCC and the UCITA, the first U.S attempt to promote uniformity in commercial laws from state to state is the commerce clause. The commerce clause of the constitution, provides congress with authority to regulate business in different states. The commerce clause extends to all instrumentalities of interstate commerce as well as to intrastate conduct that has substantial effect on interstate commerce. The UCITA is intended to facilitate the licensing of computer related intellectual property, with an emphasis on permitting owners of software the ability to maintain control over their intellectual property forever. The UCC is designed to facilitate the sale, shipment and delivery of tangible goods identified in a contract. The biggest difference I see between UCITA and UCC is UCITA gives the software designer control of their property even after sale of their property...
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...Loria Young Ethical and Legal Environment of Organizations (MOD 45) Abstract This paper will depict a discussion on the case studies found in week one of Ethical and Legal Environment. The information found in week one is a combination of how we look at business ethics, systems of ethical reasoning, and our goals of values in management. Ethical decision making in the business environment plays an important role in our everyday work environment. Here we will look at how some of the most notorious scandals within American history have cause new rules and codes to emerge that has surpass those of the past. The Enron Scandal will be the first that we will discuss; and how Kenneth Lay’s take on Enron’s values and vision played and important roles in how he operated in everyday business among other things. Next, we will look at the Kauffman-Harmon vs. Kauffman case, in how the courts viewed the children part in the transactions. Following that we have, Flagiello v. Pennsylvania Hospital, looking at the different way that the courts made have viewed the case if she was a burglar rather than a patient. Finally, we will look at Estate of Weingeroff v. Pilatus Aircraft, this action arose from tragic events on March 26, 2005, when a PC-12 turboprop aircraft that Pilatus had manufactured crashed while attempting to land in State College, Pennsylvania, and how the courts viewed this actions from the plaintiffs. This first case study will show how Kenneth Lay’s statement about...
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...BUSN150 Unit 2-IP 07/24/2011 Dear Lucy, I am excited to hear that you are starting your own website. I am glad you read the article I sent you and I will try to answer your questions. 1. Bidder’s Edge operated a site that posted information concerning auctions being conducted on numerous websites. Bidder’s Edge was able to use a software robot to “crawl” or scan Ebay’s site, without permission. A normal customer couldn’t access numerous sites and items as quickly as Bidder’s Edge. Bidder’s Edge was able to access Ebay 100,000 times a day. This mattered to Ebay because Bidder’s Edge’s activity could possibly slow or diminish the experience of the user due to a decrease in the capacity of Ebay’s system. If Ebay allowed Bidder’s Edge’s activity to continue unchecked, it would encourage similar sites like Bidders Edge to engage in similar searching of Ebay’s site. This in turn could harm Ebay’s goodwill with its customers or cause it to lose profits. 2. The definition of traditional consists of any act that denies the lawful owner full ownership rights to the property. This includes theft of the property, destruction of the property, or damage of the property. 3. The California definition of trespass of computer services differs slightly from the traditional definition. Under California Penal Code 502 the following actions are crimes: damaging, destroying, or changing data to defraud or deceive people; taking or copying data from a computer or computer network;...
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...Legal, Ethical Issues in the Work Environment: Employee Health and Safety Student’s Name Instructor’s Name Course Title Date Introduction In this paper ethical issue or situation, which will be discussed in regard to current, previous, or potential future work environment is "Employee Health & Safety", which in present had been the essential issue of government of every nation. In current unstable culture employers, unions, employees as well as government agencies interest in the health along with the safety associated problems has been enhancing because of enhancing number of the work associated injuries, illnesses along with deaths. In regard to National Safety Council, every workday the fatality happens every 2 hours and deliberating injury happens every 2 seconds. Those figures as well as approximation of the fatality along with injury demonstrates that number of company in the present and past were confronted several problems and also in coming future they would also continue towards confronting those types of ethical issues. All those types of approximations and costs, which organizations have been happening in regard to the employee health along with safety depicts that safety problems have not been the priority of companies and associations and because of such number of the legal issues in regard to the costs and the punishments have been experienced through companies. Thesis Statement Does in current several companies have been confronting ethical...
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...Ethical and Legal Issues Merger of Company A & Company B Human Resources Management & Talent Development 07-04-13 Abstract In any merger, there are always legal and ethical issues involved. These issues have to be resolved in order to ensure a successful merger. It is the role of Human Resource personnel to ensure the code of ethics is used in legal and moral implications. The role of the Human resource manager is to create an ethical environment in which all employees are able to enjoy there inalienable rights. These rights will include the accessibility of information about the job, company, and there career and the right not to be coerced into situations. Maintaining these rights will help in reducing stress, establishing trust, increasing productivity and efficiency. This report will document the legal and ethical issues associated with a merger. It will also consist of a detailed implementation plan in resolving these potential ethical and legal issues. A plan for establishing an ethical work environment and resolving ethical and legal issues will be discussed as well. Identify Specific Legal and Ethical Issues involved in Mergers Recently the mergers and acquisitions of firms has become a major trend in business. In the process of mergers and acquisitions, the role of ethics and compliance has become a major step in ensuring success. A breakout session was held just recently on ethics and compliance in mergers and acquisitions. The panel, which featured...
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...Ethical and Legal Issues HR ethics are important to organizations as they can have legal and moral implications. In this assignment, you will develop a plan to resolve some of the ethical and legal issues involved in a merger. Use the Argosy University online library and textbooks to read about ethical and legal issues. Consider the following scenario: As part of the employment contracts, employees have certain rights. For example, employees have the right to not be coerced into situations against their will. They expect to be able to access the information, which affects their job, company, and career. Such work situations can increase stress, lower self-esteem and productivity, cause loss of trust, and decrease efficiency. Good employees who are looking for a more secure work environment may resign and take valuable tacit knowledge and talent with them. It is the responsibility of HR management to create an ethical work environment before, during, and after the merger. Instructions: As a strategic HR Director, you have been asked to identify ethical and legal issues involved in a merger and develop a plan to resolve these issues. Your plan should address the following: * Identify specific legal and ethical issues that should be considered before, during, and after the merger. * Develop an implementation plan for managing the potential legal and ethical concerns for the merger. * Explain how the proposed plan would help managers establish an ethical...
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...Course Schedule Course Schedule of Assignments Overview Session | Topic | Assignments | 1 | The Manager as a Systems Thinker | Discussion Activity 1 | 2 | The Manager as a Critical Thinker | Individual Paper 1 | 3 | Legal and Ethical Environment of Business: The Manager as an Ethical Decision Maker | Discussion Activity 2 | 3 | Team Work Plan | Team assignment | 4 | Organization Theory and Design | Discussion Activity 3 | 5 | Organization Theory and Design in the Global Environment | Team Project 1Individual Matching Exercise | 6 | Legal Environment: Courts, Alternative Dispute Resolution, and Agency | Discussion Activity 4 | 7 | Critical Thinking in the Legal Environment: Torts and Products Liability | Individual Paper 2 Discussion Activity 5 | 8 | Legal Environment: Contracts and Forms of Business Organizations | Discussion Activity 6 | 9 | Knowledge Integration | Take-home Final | 10 | Corporate Social Responsibility in a Global and Technological Environment | Team Project 2 | Assignment Details Session | Module/Topics Readings/Assignments | 1 | The Manager as a Systems ThinkerObjective 1: Apply models of critical thinking and systems thinking to address complex organizational issues.Objective 2: Reflect on seminar assignments and relate the skills and knowledge gained to personal and professional goalsCompetency : Systems Thinking | Read the following articles which you can find and download from the UMUC library...
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...International Legal and Ethical Issues In Business Several issues keep emerging in the current business world. Some of these issues are legal while others are ethical. The management of modern organizations must ensure that their human resources have desirable ethical behaviour. This will ensure that their organizations maintain their clientele and in turn increase their profit margins. How would you effectively present the issue of potentially defective products to the CEO, other directors, and managers? A potential defective product can cause injuries if taken lightly regardless of whether the company’s ethical guidelines have been communicated. Such situations can cause significant legal repercussions and destroy the reputation of a company, which can cost the company if proper steps are not followed in correcting it. Normally, the senior management in current organizations fails to know what is happening at the ground level and it is the duty of the employee in charge to give out a report (Edwards, 2008). During such a presentation to the top management, it is important for one to give out sampled evidence to support the allegation in an honest manner. This should be made in comparison to the actual products to bring out the difference. Physical evidence brings out product defects and it will challenge the top management to act fast to avoid legal battles with the consumers (Brooks, 2012). How would you specifically notify customers of such an occurrence? It is an...
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...Process Paper Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company The four components of strategic management are ethics, sustainability, innovation, and legal environment. Companies should exercise ethical practices when conducting business. These ethical practices eliminate legal repercussions, expenses, and ensure successful business transactions. Sustainability is the capacity of a company to maintain, and have the capacity to endure through unchanging resistance to change. The sustainable business has no negative impact on the global or local environment, community, society, or economy. Business innovation refers to a wide spectrum of original concepts, including development of new ways of doing business, new business models, and applications of technology and communications. Innovation helps the business restructure according to new innovative ideas and be able to compete with other businesses. The legal environment in business is broad. Legal environment involves ethics and business practices. The business must adhere to business ethics, social responsibilities, and laws in order for the business to run smoothly, avoid legal expenses, and avoid legal actions towards the company. These four components of strategic management are essential to the business success. Citigroup’s strategic management process Citigroup’s mission statement consists of serve individuals, communities, institutions...
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...your clients. Business ethics are complex and very subjective and what we do when an ethical situation presents itself is what ultimately dictates one’s ethics. We have all heard of the “golden rule”, which is do unto others as you’d have done to you. I think this ultimately defines ethics and how they are very personal and subjective. If you lie, then you should not be upset when you are lied to. In the world of business, employers monitor their employees in different ways and for different reasons and there is no legal boundaries to the monitoring. There are five different ways in which employees are watched for ethics: business ethics, legal compliance, legal liability, performance review, productivity, and security (Reh, 2010). Legal compliance is a term used to ensure that companies and their employees adhere to the regulated guidelines that are set fourth by the industry. An example of this behavior is with customer service representatives. A company chooses to record the conversations that the customer service representative have with customers to protect themselves and their customers. While this does not seem like much, but it shows that a company cares enough to make sure that their representatives conduct themselves ethically with their customers. Legal liability is similar to legal compliance, but is mainly directed to in-house ethics. Companies will monitor employees for legal liabilities such as sexual harassment, hostility, and favoritism. Ultimately this responsibility...
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...Ethical and Legal Issues of a Merger Human Resource Management & Talent Development Ethical and Legal Issues Corporate mergers are pursued because there is a belief that if both independent companies are combined as one, the resulting company will grow more rapidly and will be stronger competitively. Management teams from both sides of these companies will no doubt encounter ethical and legal challenges prior to the merger, during the merger, and after the merger has been completed. HR acts as a moral compass for these companies, and issues that must be faced raise questions about fairness, equality, integrity, honesty, accountability, and consequences of behavior. As HR Director of the acquiring company, it is my responsibility to aid all employees in adhering to the code of ethics that has been implemented into our organizational mission statement. Furthermore, it is my job to create a safe and ethical environment in which every employee can enjoy his or her incontrovertible rights, which include the ability to access information about his or her job and the freedom to be able to do their job without any duress. HR can be a conflicting job for those of us in management, as we are called upon to walk a very narrow line between what is legally and morally best for the employee and financially advantageous to the company (Moore, 2014). However, the alternative of facing civil and criminal penalties that would incur due to law breaking, or even the implication of law...
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...Addressing International Legal and Ethical Issues LAW/421 Contemporary Business Law Addressing International Legal and Ethical Issues With the increasing globalization of business, organizations are finding themselves in an global environment full of legal and ethical challenges. In some international environments, the very legitimacy of a company doing business in a specific country can be a challenge. International transactions and dispute resolution require both an understanding of the law and sensitivity to foreign culture, formal and information power structures and decision-making approaches. This paper will ethical and legal issues involved in resolving legal disputes in international transactions. From an ethical point of view, an organization seeking to expand globally should first consider whether they should conduct business in countries after researching the specific country’s sociopolitical environment. Corrupt public officials, participating in racial or gender discrimination, polluting the environment or violate the human rights of their citizens through slave or child labor or inhuman working conditions (Trevino & Nelson, 2011) is considered corporate culture in some countries. For example, Foxconn is a multinational electronics contractor for major American, European, and Japanese electronic companies who has been involved in several controversies relating to how it manages employees in China. It is claimed that Foxconn uses underage workers and...
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...None | Quarter | Winter 2010 | Meeting Days/Time | Online course | Instructor | Dr. C. Phil Campos, MBA, JD | Instructor Phone | 214-202-8044 | Instructor E-mail | canuto.campos@strayer.edu | Instructor Office Hours/Location | 6pm – 7pm EST | Academic Office Phone NumberStrayer Online Technical SupportEcollege HelpDesk | 1-877-540-1733“As a student, you should choose 1 then 3 for academic issues from the automated menu.”1-877-642-2999“Used for problems entering the class”1-866-448-6703 or 1-303-873-0005“Used for problems once in the class” | INSTRUCTIONAL MATERIAL | Kubasek, N. K., Brennan, B. A., & Browne, N. (2009). The legal environment of business: A critical thinking approach (5th ed.). Upper Saddle River, NJ: Pearson-Prentice Hall.Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2010). Business ethics: Ethical decision making and cases (7th ed.). Boston: Houghton Mifflin Company/South-Western/Cengage Learning.PLEASE READ SYLLABUS PART II in the Course Home tab, it contains important University policies.GETTING TECHNICAL HELPTechnical questions regarding eCollege or classroom issues should be referred to helpdesk@strayeronline.net. Or you may phone the helpdesk at 1(866)448-6703.If the question regards a Strayer system, technical support can be reached at 1(877) 642-2999. Any technical inquiries sent to the instructor will, as a matter of course, be forwarded to the Helpdesk. The eCollege helpdesk is available 24 hours a day, seven days a week, and 365...
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...Legal and Ethical Environment of Business Thomas Matthew October 9, 2013 American InterContinental University Eric Baime * Analyze and explain the state of our legal system in terms of ethics. The basis of our legal system was and is to protect the wealth of a very few by imposing laws on the less fortunate class of society. Tribal leaders and kings that were capable of forming armies to their benefit developed this system years ago. They formed this cartel and enforced their rules upon a society who lacked the power to contest the laws imposed on them. This system has evolved in our society in the form of a government who utilize the police and military to dictate the lives of the public. They inform the public that these laws exist to protect the interests of the people within the society. If these laws were actually created for the overall good of humanity then indeed they would be ethical but in reality people in power abuse these laws for their benefit. The laws within our legal system do consist of some ethical components and are considered either valid or invalid. Since our legal system was created by the wealthy they essentially do have opposing ethical views. The conflicting viewpoints exist in the legal system because the laws strip freedom and justice from one person in order to provide it to another. This implies that unethical laws are present giving power to more and limiting it to some. The legal system consists of laws that prohibit ethical...
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