StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Legal Environment of Business - Research Paper Example

Cite this document
Summary
In the paper “Legal Environment of Business” the author analyzes rules and regulations governing employers and employees to coexist peacefully. He gives an examples ot the company Mary which experiences challenges associated with the difference in the existing labor laws…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Legal Environment of Business
Read Text Preview

Extract of sample "Legal Environment of Business"

Legal Environment of Business Legal Environment of Business Introduction International labor organization is an organization that aims at improving working conditions of workers, enhancing standards of living and ensuring fairness and equity amongst employees. European Union employment law offers protection to employees in the European Economic Area (EEA). Compliance to the OSHA Act is enforced by a federal agency, the Occupational Safety and Health Administration (OSHA) (Berg, Block & Roberts, 2003). In resolving health and safety issues, it is strongly recommended that they are first reported to supervisors, managers or organizations health and safety committee. After this, employees can then contact their local OSHA or regional office to set up a tribunal. Rules and regulations governing employers and employees aim at ensuring that the employees and the employer coexist peacefully. The various employee responsibilities bond them to their employer entitling them to various rights. The regulations may be similar in both Europe and the U.S while some of the principles differ especially on their approach to issues concerning labor relations. Since the company Mary works for operates in both jurisdictions, she may experience challenges associated with the difference in the existing labor laws when seeking a solution to her problem (Wanda, 2010). Employer Responsibilities The primary goal of the international labor organization is to monitor employers and ensure that they offer good working terms and conditions to their employees. Additionally, they should improve the employees living standards, and ensure there is fairness and equality when treating workers from all countries. ILO undertakes its functions through various ways that include the issuance of international labor standards, organization of conferences and workshops that drafts international labor conventions, in addition to providing technical assistance, to their member states (Berg, Block & Roberts, 2003). European Union employment law protects all employees in the European Economic Area. However, each country has its own employment regulations. The employment laws cover issues to do with working conditions, wages and immigrant workers. In both Europe and the U.S, it is the obligation of workers to perform their duties with respects and veneration to their employees (Wanda, 2010). This relationship is founded on shared understanding and trust. The employees should work towards meeting international standards. Loyalty amongst employees and the employer is also critical, and it is, therefore, illegal when employees perform actions jeopardizing their employers interests. The relationships between employers and employees in Europe and the U.S are an equivalence of a master-servant relationship. The employer, therefore, possesses absolute power over the employee. Despite this, labor laws have been enacted in both Europe and the United States setting minimum wage limits. This protects the employer from exploitation. Among the basic rights the employee enjoys include, a right to be provided with a healthy and safe environment, right to air their grievances and a right to fair treatment (Berg, Block & Roberts, 2003). Amongst the countries that have been in the forefront of shaping labor laws and guidelines in the world are European countries and the United States. Despite Europe and United States cooperation in the development of what can be termed as labor standards that are acceptable globally, there exists various significant differences on how the two authorities conduct employment related issues (Wanda, 2010). The most significant dissimilarity amongst the two is that while United States emphasizes the independence of the market place where the market forces determine the prices and equity, Europe emphasizes on putting in place legislation that ensure fair labor relations. United States argues that the market is an independent mechanism that regulates itself in the short run and long run to ensure that suitable labor conditions exist. Additionally, the proponents of this believe that the principle leads to the advancement of fairness, which consequently leads to both the employer and employees balancing power hence a fair relationship. This has made the government give less emphasis to regulations with regards to labor issues. European countries, on the other hand, believe that leaving the markets unchecked results in situations whereby we have a large power imbalances between the employers powers and the employees responsibilities. The imbalance results in exploitation of the weaker party. It is abundantly clear that European countries lay more emphasis on regulations and legislation to bring about fairness in labor relations between the employees and employer. This explains the existence of many government regulations and workers lobby groups in Europe compared to United States (Wanda, 2010). If Mary chooses to file a formal complaint with a government agency, he is likely to face many challenges. First, the differing rules and regulations in Europe and United States will pose an extremely serious challenge if she decides to lodge her grievance with the recommended agency. This is because action cannot be applied uniformly across the various departments in the different countries. Additionally, she will have to come to terms with the fact with the various issues considered as an offence in one country may not be the same in the other country. Fellow employees may also victimize her since they might interpret this as alienation. Consequently, the supervisors in the U.S and Europe might take exception with her decision to bypass their authority if she reports the matter directly to the designated agency. They will further be interpret this as demeaning towards the authority exemplified by the supervisors power. 3. What kind of reaction will Mary get from her supervisors in the United States and Europe? The supervisors and other employees of the organization might advance a bad perception and attitude towards Mary terming her as a worker without regards for her colleagues and one who alienates herself and advances her own interests without much regard of others. From my perspective, Mary should ignore the poor perception she might get from her workmates and report her manager to the managers supervisors. Although this might put Mary at loggerheads with the manager and the offended employees in the department, it has still proved to be the best way to go about the issue. The actions of the other workers are a violation of their sense of responsibility not only towards the organization, but also towards the organizations resources. Marys actions show her sense of responsibility and an action with the interests of the organization at heart. Remaining silent, allowing the vices to continue will mean that Mary betrays her personal values, and consequently neglecting her responsibility towards her employer. References Berg, P., Block, R. & Roberts, K. (2003). Comparing and Quantifying labor Standards in the United States and The European Union. Retrieved from http://www.ilo.org/public/english/iira/documents/congresses/world_13/track_3_block.pdf Wanda, T. (2010). Rights and Duties of Employers and Employees. June 16, 2011. Retrieved from http://www.ehow.com/list_6673660_rights-duties-employers-employees.html Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Legal Environment of Business Research Paper Example | Topics and Well Written Essays - 1000 words”, n.d.)
Legal Environment of Business Research Paper Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/management/1619849-legal-environment-of-business
(Legal Environment of Business Research Paper Example | Topics and Well Written Essays - 1000 Words)
Legal Environment of Business Research Paper Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/management/1619849-legal-environment-of-business.
“Legal Environment of Business Research Paper Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1619849-legal-environment-of-business.
  • Cited: 0 times

CHECK THESE SAMPLES OF Legal Environment of Business

The Process of Offer and Acceptance

Running head:  The Legal Environment of Business The Legal Environment of Business Insert Name          Insert Grade Course Insert 28 November 2011 The Legal Environment of Business Introduction The business environment in which activities are conducted is largely complex but for a long time has been characterized by agreements and negotiations, sometimes between businesses and individuals.... As a first step, legal contracts require both parties to agree on the subject of the contract (Goldman and Sigismond 2010)....
5 Pages (1250 words) Assignment

THE LEGAL ENVIRONMENT OF BUSINESS

Name Tutor Course Date The Legal business Environment Monopoly is a term that refers to situations where a single business provides goods and services that almost has no substitutes to consumers.... hellip; Monopoly is considered a case of acute capitalism that is characterized by no competition for a certain business group.... In most countries, monopolistic business practices are considered unlawful as they restrict free trade in one way or another....
4 Pages (1000 words) Essay

THE LEGAL ENVIRONMENT OF BUSINESS

Instructor Date The Legal Environment of Business What is a monopoly According to Yao and Loo (38), monopoly is a term used by economists to mean a single seller of a good or service who distributes the services without a close substitute.... This is possible where the companies are involved in a similar business operate producing related products.... In essence, the Act tries to promote integrity in the market and for companies to operate in a competitive environment....
4 Pages (1000 words) Essay

Enron Corporation Scandal

Student Professor Course Date: Enron Corporation Scandal Enron Inc.... is a multinational company dealing with the production and supply of commodities and services across Houston, Texas.... The company was founded in 1985 with the contribution of Kenneth Lay who led the company following the merging of Inter North Company and Natural gas....
6 Pages (1500 words) Essay

Corporate Fraud: WorldCom Scandal

At first WorldCom was in the voice telephony business, however, novel technology as well as growing competition decreased revenues in addition to profits of the business.... (c) Petitions by president Bush as well as business leaders for reinstatement of trust in addition to reliability to financial markets, reporting as well as corporate governance.... Normand (Director of legal entity accounting) (Brooks and Paul 122)....
5 Pages (1250 words) Essay

The Legal Environment of Business

It was thought that the 2002 Winter Olympics which was awarded to Salt Lake four years from then would bring into the town business of $ 2.... He is very much disturbed by the way things are going and wants to offer contracts for city work in exchange for convention business....
4 Pages (1000 words) Essay

The Legal Environment of Business

This paper 'The Legal Environment of Business" focuses on the fact that the regulation of securities began as a program to help potential investors to make investment decisions based on less certain criteria.... nbsp; Due The Legal Environment of Business The regulation of securities began as a program Help potential investors to make investment decisions based on less certain criteria ... ?Foundations of the Legal Environment of Business....
1 Pages (250 words) Assignment

The Legal Environment of Business

This paper "The Legal Environment of Business" discusses the law in relation to the creation of a contract.... hellip; Alvin runs a business selling expensive cars.... Required: Advise Alvin, Bert, Cat, and Del as to their rights and liabilities in the law of contract Al operates a small business manufacturing specialist engine filters....
8 Pages (2000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us