Introduction to the regulatory environment in India The regulatory environment also known as Legal Aspects of Business‚ Business law‚ Commercial Law‚ Mercantile law is a subject which provides an element of limitation to all the business strategies regulated through different statutory provisions and rules. It not only emphasizes on substantive law but also on procedures and compliances thereby prepares the students of Business for the legal environment they would eventually face in the corporate
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Regulatory Environment of Financial Reporting Nicholas Vujnich Accounting 561 September 25th‚ 2014 Chelsea Bjorkman Regulatory Environment of Financial Reporting Over the last 100 years‚ there have been significant changes to the regulatory environment that shaped financial reporting requirements. The Securities Act of 1933‚ The Securities Exchange Act of 1934‚ and the Sarbanes-Oxley Act of 2002 are the most notable laws enacted to ensure transparency and accuracy in reporting. Each new law subsequently
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In analyzing the macro-environment‚ it is important to identify the factors that might in turn affect a number of vital variables that are likely to influence the organization ’s supply and demand levels and its costs (Kotter and Schlesinger‚ 1991; Johnson and Scholes‚ 1993). The "radical and ongoing changes occurring in society create an uncertain environment and have an impact on the function of the whole organization" (Tsiakkiros‚ 2002). A number of checklists have been developed as ways of cataloguing
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Episode 1: Describe the School Environment (Observation) October 13‚ 2012 at 12:44pm Episode 1: Describe the School Environment (Observation) Ronda Central Elementary School has a good environment. It is surrounded by many colorful ornamental plants and trees which are refreshing and nice to look at. As I’ve entered the school‚ I observed that the surroundings were clean and well-managed. We went to the principal’s office to have permission and a purpose that we would be conducting
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1.2 Describe with examples how different aspects of development can affect one another. There are many examples that can describe how different aspects of development can affect one another. Most of the time one aspect will lead to another and for example playing hide – and - seek will require all of the areas of development. A child needs to run to a hiding place or walking to find someone – those moves will develop child’s physical development; social‚ emotional and behavioral development will
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Legal and Regulatory Environment of Human Resources Affirmative Action Affirmative action is defined as positive steps taken to increase the representation of women and minorities in areas of employment‚ education‚ and business from which they have been excluded. Affirmative action refers to policies that take race‚ gender‚ or ethnicity into account in an attempt to promote equal opportunity. It is supposed to maximize diversity in all levels of society and to redress disadvantages
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Describe the main physical and technological resources required in the operation of a selected organisation Physical resources Within physical resources there are many points which must be taken into account to ensure a business is at its peak‚ these include things such as materials‚ waste‚ insurance‚ equipment including ICT‚ buildings and facilities‚ planned maintenance and refurbishment‚ security‚ plant and machinery. These particular resources are what help maintain physically the resources
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with a china’s major dairy production companies called SanLu .In 2008‚thousands of Chinese babies falling ill after consuming San Lu’s milk because San Lu’milk power had been contaminated with melamine‚ a chemical used in plastics. For Fonterra‚ the main stakeholders loss of a NZ $ 201 million investment after San Lu went bankrupt. Application and connections This reading links to business about stakeholders in lecture in week 4. Stakeholder management is the process by which managers reconcile
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Bridgestone 1/ Describe The competitive environment for Bridgestone as well as the accounting system currently in use Prior to 1980‚ when the US market was dominated by US automotive manufacturers‚ competition in the manufacturing of automotive components was limited to US local suppliers. As foreign automotive manufacturers settled in the US market‚ competition in manufacturing automotive components became more intense. The scarcity and the expensive gasoline following the oil crisis of the end
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Describe the main strengths and weaknesses of Utilitarianism. Utilitarianism was originally formulated by Jeremy Bentham in the 18th century‚ and fully developed by John Stewart Mill in the 19th. It states that we should always act so as to produce the greatest ratio of good to evil for everyone concerned with our decision. As with all moral theories‚ utilitarianism has many strengths and weaknesses. The main strength for this theory is that it is always looking for the greatest good for the greatest
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