Legal, Social, and Economic Environments of Business Robert L. Spradley American Intercontinental University Online Abstract This paper is based on a business scenario. In this scenario an inventor, named Robert, who enjoys working around his home, cleaning, cooking, and doing minor home repairs has an idea for a new kind of home appliance that would meet the daily needs of many consumers. Wanting to start a business, he does some research on three legal forms of ownership for a small business
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examines the association between minimum age of employment and secondary school enrolment. Methods We reviewed child labor laws for 185 states in 2008 and 2012. We assessed how many countries had a minimum age of employment of 15 or over and tested the association between these laws and secondary enrolment rates, after controlling for per-capita GDP, level of urbanization, and compulsory lower secondary education. Results A minimum age of employment of 15 or higher was significantly associated with
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framework categorises environmental influences into six main types: political, economic, social, technological, environmental legal Thus PESTEL provides a comprehensive list of influences on the possible success or failure of particular strategies. • Political Factors: For example, Government policies, taxation changes, foreign trade regulations,political risk in foreign markets, changes in trade blocks (EU). • Economic Factors: For example, business cycles,interest rates, personal disposable
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1. The Employment Relationship According to the International Labour Organization (2015), the employment relationship is defined as the legal link between employers and employees. This exists when a person performs work or services under certain terms and conditions in return for remuneration. Employee Relations are influenced by a number of internal and external factors, all of which affect the strategic balance between labour and management. It is important that we are aware of the key factors
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really advisable for that the animal feeds have a limited shelf life. Lastly is the need to pre-empt the entry of a disruptive labor organization into the company. Although resolving this issue will be costly and grim, the company has a few opportunities to even out this concern. And they are: customers are loyal and they do not like to switch from one brand to another for the sme batch of animal feeds, the company demands for goods are always high, the companies distribution chain is high and
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if Surebuild is in violations of any employment laws. An entrepreneur’s main goal is to manage a successful business and also to protect his or her investments. After making a decision to start up a business the next crucial step is to decide on what type of entity is best suited for my business and below are the various options available to choose from. Sole proprietorship The owner of the company has the absolute power, and the business is not a legal separate entity. He or she has the
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to switch its resources and operations between locations at a global scale. 2.0 Role of Transnational Corporations (TNCs) The role of transnational corporations (TNCs) or multinational corporations (MNCs) has created the wealth, new job opportunities and new tax revenues that arise from multinational corporations' generated income. By increasing the efficiency of capital flows, multinational corporations (MNCs) will contribute in reducing the levels of world's poverty in developing countries
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and, undiscriminatingly, in a variety of industries. Subsequently, individuals are coming to the overwhelmingly horrific realization that there is no profession untouched by the Human Resource nightmare known as sexual harassment. The Equal Employment Opportunity Commission defines
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growth and stability of any nation. Office technology and management formerly known as secretarial studies is proffered as the catalyst education for students’ self-reliance based on all spheres of human endeavour. It guarantees prompt and decent employment for students who have competent secretarial skills. Students, after graduation could also go entrepreneurial to establish small-scale businesses of different types. INTRODUCTION In the national development equation, education remains the fulcrum
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McKendrick DIS397 Final Paper 2 3 The American with Disabilities Act This paper is an assessment of the history of the ADA and the ensuing legal precedence that has been set since its adoption. It will discuss in detail the forcefulness of its passage including several political issues that led to its adoption as well as the legal issues that resulted in its conception and development. The paper will also address any outcomes that may have changes or clarified the act, especially those
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