This website uses cookies to ensure you have the best experience. Learn more

Legal And Ethics In Business Environment

903 words - 4 pages

Legal and Ethics in Business Environment

Legal and Ethics in Business Environment
After working as an employee for Coca Cola Company for a period of 20 years, I accrued enough capital to establish my own company. The investment sector presents many challenges when one invests on a global scale. The main challenge comes when the country you invest in suffers from political instability. It usually happens on unlikely basis that the investor does not anticipate. However, in the field of business, taking risks begets success. I decided to invest in foods and beverage industry on a global scale, which brings the focus of the main focus of this paper. My ...view middle of the document...

For the terms to be applicable the investor is from a different state and, the investment is usually in another state also known as the host. In the majority of states, the investment under the law enables the investor also referred to as the contractor to carry out his or activities in a friendlier manner. It grants the investor with best of treatment and fairness, protects him from expropriation, up to date security and protection. In this treaty, there is strict observation, promotion not forgetting liberation of contractor’s investment (Cheeseman, 2010).
The law favors the investor. The law in my own understanding will for sure put the safety of all the investors all-round the world (Murphy, 2009). The investor whose rights have been violated would be in a position to recourse to an international arbitrator which would often settle the case rather than having it done in the host country. The law would ensure fair and just conviction. I find this law most appropriate to my scenario. It will ensure security of our employees, protect them from the current skirmishes and will make our employees feel safe and welcome despite its situation hence motivates them leading to the company’s growth. When any one of our members will fall culprit to any of the above mentioned situation, that would ensure settling the case in a different state where justice would prevail in accordance to the stipulated law.
Another law common and most appropriate in our case is the International investment Agreement. The law is closely related to the bilateral investment laws. However, it is inclined towards policies related to taxation. In this treaty, the two parties (an investor...

Find Another Essay On Legal and Ethics in Business Environment

The relationship between ethics and effective leadership in the current business environment?

930 words - 4 pages , because it’s the employees who help an organization stay in business. Leaders lead people, and leaders should always do the right things. Most employees tend to look for ethical guidance from others, and a leader within a workplace should therefore be the essential source of such guidance. According to Economy (2013) communication, support and facilitate employees, as well as having integrity are some qualities that make a good leader

Legal Issues, Ethics and Corporate Social Responsibility on Business Planning

931 words - 4 pages failures in many aspects of the daily operation of a business and the overall business plan of a corporation. The ongoing evaluation and analysis of the planning process is necessary to improve the overall process to keep the company in line with the latest changes in the industry. Therefore, this paper will discuss how legal issues, ethics and corporate social responsibility impact management planning at (My company).Legal IssuesBusiness plans

Legal and Ethics

1463 words - 6 pages contracts whose terms are beyond the power of the consumer to negotiate. The Concepcion ruling has several harmful implications for the consumer. Arbitration does not provide the right to a jury trial or the right to judicial review of legal errors and usually, the decision of an arbitrator is final (source). Consumers are at a disadvantage in arbitrating claims because businesses usually have a great deal of experience and knowledge in

Mass Media in the Political and Legal Environment

1583 words - 6 pages speaks such as with slang words. It also has the ability to change the ethical and moral compass of a nation, especially that of the United States. Last but not least, it has the ability to sway a nation with regards to the political and legal business environments. Currently, the political environment, the Obama Administration, is attempting to change, bend, or even circumvent the nations’ First Amendment right to freedom of speech through the

Ethics and the Environment

853 words - 3 pages PAGE PAGE 1 Ethics Ethics and the EnvironmentNameCourseInstructorDateEthics and the EnvironmentEnvironmental ethics concerns human beings' moral relationship with the natural environment. It seeks to help people and their leaders to act responsibly when they do things that impact the natural world. This paper will discuss the origins and current issues of environmental ethics. It will also look at what the future of environmental ethics may

Work Environment and Legal Issues

2119 words - 8 pages . communications of the acm, 49(8), Semuels, A. (2013, April 8). Tracking workers' every move can boost productivity — and stress. Retrieved from: Wen, J., & Gershuny, P. (2005). Computer-based monitoring in the american workplace: surveillance technologies and legal challenges. Human systems management, 24(2), 165-173. Retrieved from

Legal Profession and Legal Ethics Summative Assessment

1969 words - 8 pages The legal profession has been historically linked with a moral and ethical behaviour on the part of its participants, and as such it is bound to necessitate careful scrutiny, in the same manner that the medical profession does. Solicitors are regulated by the Law Society of Scotland, and advocates by the Faculty of Advocates. Both bodies deal with a variety of matters, from establishing qualifications for admission to the profession to rules of

Accounting: Ethics and Legal Obligation

1097 words - 4 pages public and to regain the trust of investors and creditors are like.The Security Exchange Commission is a higher federal agency established in 1934. The SEC has jurisdiction over public insurance and trading securities. The responsibility is to protect the public's investments. The SEC has the authority to initiate an investigation or start a legal action against a business. The SEC's control extends to companies located outside the US, as long as

Criminal Legal System and Ethics

1308 words - 6 pages Policy Level Ethical Issues in Criminal Courts and the Legal System Ethics in policy making and application of ethics in criminal courts and legal system is a critical factor for systemic transparency. Policy makers are faced with the daunting task of creating an electoral system that reflects the will of the people. However, varied opinions make it hard to achieve this ideal. One ethical issue that policy makers and legal practitioners face is

Business Environment and Networks

1046 words - 5 pages value chains. These developments are made in order to include aspects that have changed over time and that now delineate new configurations of business all over the world. One of the main differences that can be observed in business environment is the changing nature of inter firm relationships. The value creation for customers within a value chain is moving towards being the result of the collaborative work of many firms instead of based on the

Business and the Environment

1494 words - 6 pages trends? Revive growthChange the quality of growthMeet essential needs and aspirations for jobs, food, energy, water and sanitationEnsure a sustainable level of populationConserve and enhance the resource baseReorient technology and manage riskInclude and combine environment and economics considerations in decision-makingThese recommendations are as valid today as they were when first written. They are a call to change our actions and to do things

Similar Essays

Legal Business Environment In The World And In Latvia

2824 words - 11 pages the European Union it fluctuates between 40 and 60, in Estonia - 27, Poland - 35. Therefore, business activity in Latvia has not yet reached sufficiently high levels and there is still potential for growth in the nearest years. Half of all SME operate in Riga. They employ approximately 70% of labour and contribute to creation of 63% of GDP.The legal business environment in Latvia is being consistently improved, along with the legislative basis

Responsibility In The Legal Environment Of Business

919 words - 4 pages stated in our book The Legal Environment of Business, “if a manufacture fails to exercise “due care” to make a product safe, a person who is injured by the product may sue the manufacture for negligence”. Kolchek could sue the manufacture. In this case which is Great Lakes spa. Porter was just a company that was selling the product. Great Lakes spa should have taken the initiative to examine their products throughly before putting it out on the

The Legal And Ethical Environment Of Business

601 words - 2 pages a safe and secure manner. In a quote by Tryon Edwards he stated, “where duty is plain, delay is both foolish and hazardous; where it is not, delay may provide both wisdom and safety” (Tyron Edwards). DWI will move forward with wisdom and integrity; protecting our people and the general public from violence.References:Ferrell Fraedrich Ferrell. (2008). Business Ethics. (7th ed.). Houghton Mifflin.Department of Homeland Security: Strategic Plan. (2008) Retrieved December 20, 2008 from Edwards. (n/d) Retrieved December 2, 2008 from

Legal Environment Of Business Essay

2390 words - 10 pages Introduction XYZ Construction Inc. is concerned about the economic and legal factors that could affect the organization, particularly as the company transitions during these upcoming months from a private company to public ownership, or, initial public offering (IPO). XYZ must be concerned with the legal environment of our business, which is the basic set of rules, and laws that surround the atmosphere of business in general, and the industry