Can: Laws That Affecting Business
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| ANALYSIS OF GOUIN S LANGUAGE LEARNING EXPERIENCE | 4 days ago · Find an answer to your question 👍 “How might the consumer protection laws of a country affect global business activities ” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions. 6 days ago · Business Laws (also known as commercial laws) cover all the many aspects of any business. They are important because they prevent competitors from hurting the profitability of your company or at the very least keeping you from being sued for things your company did not do. For instance, your comp. 5 hours ago · The Fair Labor Standards Act (FLSA) of is a federal law that governs important wage and hour standards for U.S. employees. The Fair Labor Standards Act (FLSA) of is a federal law that governs important wage and hour standards for U.S. employees. How the Fair Labor Standards Act—and Its Posting Requirements—Affect Your Business. |
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Gisselle Dorsey. Answers 1. Ashton Gibbs 18 November, 0. The consumer protection laws will affect global business activities by limiting what businesses are allowed to do. Know the Answer? Not Sure About the Answer? Try a smart search to find answers to similar questions. Related Questions. General cultural factors driving global business are A.When people run their businesses they expect that different external factors can affect their business. Legal factors may also influence business and affect how a company operates. There are various legal factors that affect businesses, including laws and regulations on taxation, employment, contract, securities, immigration and more. The law affects the way businesses operate and customers behave. That is why any business should have a clear understanding of the legal environment in which it has to function because these factors may determine its success or failure.
Here are the most Laws That Affecting Business laws that affect businesses. Perhaps one of the most fundamental legal factors affecting businesses is the organizational law. The type of entity the business has chosen before registration will determine the whole scope of its activities. For example, a business may decide to register as a corporation, limited partnership, limited liability partnership or a limited liability company.
Its legal status will determine not only the types of activities but taxation, customs, and employee relations. This law operates differently in different countries, for example, when it comes to the minimum wage.
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A business in the USA needs much more financial resources to pay its employees than a business in South Africa. Moreover, rules in the USA are stricter when it comes to discrimination or dismissal.
Consumer laws are another good example. These laws are designed to regulate legal relationships between consumers and businesses, and protect Affevting from fraudulent behavior. As part of this right, companies are required to provide detailed information on the products they produce.
Securities law is a group of laws that regulate the issuance of securities. Security is a financial instrument designed to raise money for business from investors.
In other words, securities law regulates investments in a business. Securities Busihess manages what a company should do in order to offer their investment to the public. As you can see, this law also can affect your business. For instance, if you https://amazonia.fiocruz.br/scdp/essay/media-request-css/essay-on-entrepreneurial-orientation.php to offer promissory notes, this will be subject to state and federal regulations and security laws. Laws regarding health and safety in the workplace are very controversial.
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When something like noise pollution may pose tremendous fines on business in one country, it may not be so Tuat in another country. Similarly, states differ in safety regulations in the workplace. For instance, in the workplace, employees should receive clothing and equipment that meet the highest safety standards. For a business, this means financial resources and administrative costs. Whether a business will flourish, or putting it another way, whether a business will exist or not, depends on the Laws That Affecting Business regulations in a state. For instance, some states are more tax-friendly than others.]
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