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

Legal Environment - Essay Example

Comments (0) Cite this document
As the world has become a global village, many companies venture into foreign markets in order to exploit the untapped potential in the new areas. In a bid to be on top of the world market, most large companies usually go international to explore wider markets and more resources for investment…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.9% of users find it useful
Legal Environment
Read TextPreview

Extract of sample "Legal Environment"

Download file to see previous pages When multinational companies operate in countries that do not have high standards, they may be in conflict with both the laws of the host and those applied at home, albeit unnoticed.
International operations involve objectives to set high standards of services or goods produced while maintaining corporate responsibility. However, conflicts usually arise, as no clear balance can be arrived at. For instance, US companies such as Pepsi, American Standard and Nestle were punished din China for discharging substandard wastewater into rivers in China (Simone, 2000). This is in spite of their knowledge the US law which strictly condemns such acts (Simone, 2000). It can be said that the human resource manager of the companies involved did not measure up to the task of corporate responsibility. Nevertheless, most US companies attract Americans to work in their foreign subsidiaries, which is in line with the Employment laws the US. This is point however deserves some criticism in that the local people of the countries in which US companies operate are denied employment opportunities.
From the two points of view above, one can surmise that US multinational corporations enforce US laws when doing is for their benefit. On the other hand, there is a tendency to violate the US laws if it is evident that the host country is not in a position to raise a red flag.
Multinational corporations have to deal with th...
If the laws are in dissonance then it becomes difficult for a company to have a clear direction on which ones to adopt.
It is interesting that most international investments are usually done in developing countries where competition is law and resources are in plenty. However, such countries usually lack unclear laws standards, which make it difficult for them to appraise activities of the companies. The large companies therefore develop a "big boy" syndrome and use their resources to influence the host counties. On the other hand, if the country that the multinational corporation operates in is of equal or near equal status, the conflicts are solved based on sound judgment. For instance, the UK rejected Dasani, a brand of mineral water produced by a US company, coca cola after it was found to contain bromate, a possible carcinogen (LOHAS Journal Weekly). The allegation forced Coca cola to withdraw the brand from UK.
Such a conflict illustrates how some countries all over the world may be ignorantly accepting fake or sub standard products. Nevertheless, it is evident that divergence between country laws should not be so wide since some laws are actually modifications of others. In a case such as the one mentioned above, the multinational corporation has no option but to conform to the laws of the country in which it operates. To summarize it all foreign companies have to submit to the laws of the local country or withdraw their operations. My opinion is that a foreign company should not impose new laws to the country in which it operates. Therefore, such conflicts are justified since they aim at maintaining good standards of products, whether produced by local companies or multinational ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Legal Environment Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Legal Environment Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from
(Legal Environment Essay Example | Topics and Well Written Essays - 1000 Words)
Legal Environment Essay Example | Topics and Well Written Essays - 1000 Words.
“Legal Environment Essay Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Legal Environment of Business

... Legal Environment of Business Final Exam Question A: Contracts Article 2 of the uniform commercial (UCC) sets the minimum conditions that both seller and buyer must meet during the sale of goods and services. For example, the UCC contains an implied guarantee of merchantability (Ferrari 38). This requires the product sold to the buyer to be of specific quality and condition that will enable the buyer to put the product into the intended use. However, the seller must be acting within the area of his or her duty in order for this warranty to apply. On the other hand, the article contains guarantee for fitness of goods for the right use (Ferrari 43). This implies that the seller of a product should assure the buyer that the product...
7 Pages(1750 words)Assignment


... the changing legal environment, the current state of affairs in Russia has been clearly brought out. Among the issues analyzed include the various changes to the Russian legislation and the impacts which they may have. One notable effect discussed on the article is the non appreciation of Russia to what the country regards as interference by foreign courts which is a clear indicator of the importance of the companies that wish to enter into transactions relating to business in Russia having a clear understanding of the local practical, legal and procedural issues (White & Case, 2012). The article has also been very effective in identifying the various trends that are associated with joint venture and the other transactions in Russia. Truly...
3 Pages(750 words)Essay

Legal Environment assignment

The defense has challenged the application of subsection (4) (c) and (5) (c), and has justified the action of the defendant for non-submission of the documents as per the injunctions of subsection (3). The counsel of the defendant referred to the decision of the district judge, and focused upon the true and legitimate interpretation of the subsection (6) (b), the submission of the defendant stated that 'It is a defense for the defendant to prove that he has a reasonable excuse for not providing a document within three days of the interview'.
The legal issues in the case have been the raised and addressed. It was observed that two subsections have been taken as assumption with reference to the false immigration document submit...
6 Pages(1500 words)Case Study

Legal Environment

...Legal Environment Task A contract, which is an agreement between two or more persons, which is intended to create legally binding obligation, can be terminated or discharged. Discharge By Frustration For this case, the contract between Maldrive and Planright was discharged by frustration. This was due to the change in law. The government secured the enactment of emergency regulations, which prohibited with immediate effect the manufacture and export of the relevant weapon system. Planright had agreed to sell the machine to Mildrive but due to change in law, he could not sell the machine hence terminating the contract. Relevant case studied is that of: Baily v De Crespigny, 1869 De Crespigny leased land to Baily and agreed that he would...
7 Pages(1750 words)Essay


...MANAGING THE INTERNATIONAL LEGAL ENVIRONMENT Context: Export trade transaction. Legal Systems: An Introduction The exporter is faced with very different, challenging situations and constraints in pursuing his business in foreign countries. First of all he has to understand the legal system of the country he is dealing with – whether the prevailing legal system is common law, civil law, or theocratic law. These shall be discussed below. The common law system is based on tradition, precedent, and custom and is found in Great Britain and its former colonies, and in the United States. Judges here interpret the law in such a way that the particular circumstances are considered in each case in the light of tradition, precedent and custom...
6 Pages(1500 words)Essay

Managing international legal environment

... employees and insider trading issues in the host country legal environment. Further, managers of MNC also face myriad legal issues like product liability, workmen compensation and sexual harassment. A successful business manager employed in MNCs must able to (1) be familiar with legal issues that are entrenched in business decision (2) to make business decisions in an atmosphere of legal uncertainty (2) to communicate with the lawyers and make legal decisions. It is to be observed that many of the legal issues or dilemmas faced by the MNCs managers in the global environment have no direct answers. Hence, attorneys should ensure that they clearly understand the complex atmosphere of international business and to script legal analyses...
8 Pages(2000 words)Essay


For example, paying a government functionary in the home country a tip in order to facilitate licensing can be interpreted as bribery and subject to legal consequences or sanctions. In some foreign countries such payments are standard procedures of facilitating and expediting work, and failure to conform to such practices can often produce costly delays and probably significant losses.
When there is a conflict between practices abroad and ethical and legal norms in the home country, the question that can arise is whether one should impose one’s ethical standard and values in a foreign country. Shouldn’t firms acknowledge ethical deviations for the sake of cultural sensitivity so as to avoid offending the officials and reside...
12 Pages(3000 words)Essay

How Effective Are the Current Environment and Ethical/Social Policies of Tesco

 Tesco has been accused of indulging in unfair and monopolistic activities, unethical price of price undercutting thus creating a squeeze on the competition and the local farming community. The volumes of goods traded and retailed leave a large carbon footprint. However, Tesco has stood it is for quite some time now by creating and implementing policies for ethical and responsible for not only fending media accusations but also by stating, and implementing ethical and social policies.

According to Walley (2005), sustainable practices are best developed with an interplay of forces outside organizations like laws, regulations, and competition and organizational policies like governance, and social and ethical practic...
10 Pages(2500 words)Assignment

Business Management for Built Environment Professionals

While operational planning ensures availability of the 3Ms (Men – Material – Money) at the right time, at the right price ready for the right purpose, the controlling process ensures that the planning and the execution of the operations follow the requirements of the industry and that of the customer. This would ensure not just meeting the deadlines required by the customers, but also of the quality levels required by them. In addition to this, the control ensures that the requirements of the other stakeholders typically, the shareholders and the management of the company achieve their targets of production capacity and profitability. It is important for all these parameters to be met through the planning and control o...
8 Pages(2000 words)Report

Global Environment Change

A number of fields are involved in the study of environmental change, such as chemistry, physics, biology, oceanography, etc. In this paper, some of the major global environmental changes will be studied and explored and implications will be provided for the sustainability of the global environment.

Responses to the global environmental challenges have become one of the heated debatable matters around the world, as a number of organizations, researchers, and nations are endeavoring to sustain the continuity of the global environment, where is harmed by different natural and manmade causes. In order to come up with an effective solution, it is very important to understand and go into the core of the global problem. In th...
7 Pages(1750 words)Coursework

Political Ideologies and the Environment

Man has lost touch with the environment to gather his own empirical evidence, study it vis-à-vis the knowledge handed him down the generations and make his independent judgment. Thus his thinking process is chained to the scientific and economic superstructure.
The early part of the twentieth century saw the emergence of the knowledge society. The transmission of knowledge propels social and economic change. Out of the knowledge, society grew the energy-guzzling and environmentally unfriendly consumer society. On the vestiges of consumer society now emerges the anxiety-laden risk fraught society Man, the main protagonist, knows little of his importance and is in haste to accomplish things, knowing-well the risk fraught...
6 Pages(1500 words)Assignment

Managerial Economics and Business Environment

Once the above said subject matter is clearly sorted out, the next emphasis would be on the concepts like the opportunity costing, incremental principle, marginal principle, discounting principle, the principle of time perspective, and calculation of economic profit as the guidelines to the scope of managerial economics. (Surender. V, 2008).
To start with, we consider a firm for which different processes have to be carried to achieve its objectives of profit maximization (assuming that all the organizations work with the view to maximize profits). If firms from different sectors are identified simultaneously, then the working of the economy as a whole could also be analyzed which in turn is useful in the decision-making proce...
15 Pages(3750 words)Assignment

Business Law Environment

In this case, the Defendant ran a shop and displayed a flick knife in his shop window. Along with the displayed knife was a ticket stating “Ejector knife- 4s”. The chief inspector of the Bristol Constabulary at the time charged the defendant with an offense under the Act on the basis that the Defendant’s shop window advertisement rendered was in breach of section 1(1) of the Act by offering the flick knife for sale.

3) The case was brought against the Defendant by the Crown Prosecution Service at the public’s expense. Whilst the case was effectively a criminal case, the decision was important in clarifying the distinction between offer and acceptance in contract law.

In this case, it w...
6 Pages(1500 words)Assignment

The Subject of Legal Abortion

The simple ideology is embraced by some but the arguments are flawed when the realities of abortion are examined. Studies have shown that most women are coerced into committing this murderous act of a living human and that there is no such thing as safe abortions as many are led to believe. Pro-abortion proponents generally espouse that the rights of a non-living tissue that feels no pain are non-existent. These untruths have been widely perceived as facts. In addition, the Founding Fathers of this nation intended to shape not only the legal but the moral direction of American society as well when they drafted the Constitution, the document that defines the laws of the nation. If they were alive today, the Founders clearly would b...
8 Pages(2000 words)Coursework

Current Trends in the Marketing Communications Environment

Traditional marketing communication functions such as advertising and public relations have also extended over the internet, as companies utilize the web to reach target audiences. One example of this is Toyotas marketing campaign of its Scion brand in 2006 in, a website is set up to for kids age 8-15 in order to encourage greater interaction and induce brand loyalty (Cousineau & Scurry 2006). According to Cousineau & Scurry, with websites such as these where consumers can try the brands, in the kid's case—test driving the Scion—consumers interests are aroused which make them seek out [a] brand and interact with it on an ongoing basis rather than actively avoid it (2006, 37).

An e-mail h...
13 Pages(3250 words)Assignment

Organisations in the Engineering and Technology Environment: Singapore Airlines

In those days, just three flights per week, to Kuala Lumpur, Ipoh, and Penang, were all that the people in Singapore were privileged to. There were very fast developments in the situation in a span of two decades. During this period, Singapore’s Kallang Airport gained international exposure and started making huge additions to its fleet. Soon after the birth of the Federation of Malaysia on February 1963, the Malayan Airlines came to be known as the Malaysian Airlines, and in 1966, it was renamed the Malaysian-Singapore Airlines. But, in 1972, fifteen years from the day it was founded, Singapore Airlines split up with Malaysian Airlines and acquired a separate identity.
This split, however, helped the airlines to take i...
10 Pages(2500 words)Case Study

Ethics in the Manufacturing Environment

An ethical scenario arose during my first six months in this management role involving a 21-year-old employee who I witnessed smoking pot in the parking lot over lunch break. This scenario demanded that I consider the needs of the employee, as well as satisfying my obligations for enforcing the strict drug use policy administered at the senior levels of the company. This project describes the ethical scenario in detail, offering personal reflections on the incident as well as suggesting an ethical framework for handling situations like this in the future.
The situation which occurred had a young worker smoking pot on his lunch break on the company grounds. This, according to policy, is a termination offense and it is expected...
7 Pages(1750 words)Case Study
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.

Let us find you another Essay on topic Legal Environment for FREE!

Contact Us