BUAD 6106 – Cross Cultural Challenges 11-12-2011 Conducting Business in Russia A Brief History: Russia was a monarchy‚ ruled by ’Tsars ’‚ for most of recorded history. (Early Russian history is complex -- it includes invasions by Swedish Vikings from the West and Mongols from the East. Christianity arrived in about 1000 AD‚ and there were Tsars in Moscow after about 1400 AD. Some of the more important Tsars were Ivan IV (called ’the Terrible ’ because he was pretty‚ well...terrible)‚ Peter
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Legal System in Business Regulation: Freedom of Speech Freedom of speech is a guaranteed protection of the rights of people within the United States to speak freely without censorship. This right is exercised daily in organizations‚ governments‚ and court systems but there are limitations on the right to speak. “The First Amendment’s Freedom of Speech Clause protects all forms of expression‚ oral‚ written‚ art‚ and symbolic but this right is not unlimited. The clause only protects speech not conduct
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Business Entities‚ Laws‚ and Regulations Paper Dorian Rowe BUS/415 Shaun Koenig November 14‚ 2011 Businesses in every industry have to deal with entities‚ laws‚ and regulations. Management teams have to take into account items such as consideration of control‚ taxation‚ and liability issues among others. The purpose of this paper is to discuss the restaurant/bar‚ professional practice‚ and construction scenarios. For each scenario the business entity that represents the best choice for each
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Business Regulation Simulation Torts can be purposeful or negligent‚ but ultimately result in some kind of damage. Within the business simulation from Harb‚ we could identify possible torts as a team. The torts we identified were: unsafe water causing leukemia‚ infliction of emotional distress‚ and the possibility of defamation of character. Many factors can contribute to the Enterprise Risk Management process; however‚ it is necessary to minimize the risks and organization encounters. The Enterprise
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Role of the US Constitution and Legal System in Business RegulationThe Constitution of the United States and their legal system have an impact on the guidance and operation of companies in any industry. In case a person breaks a law‚ for example‚ he or she may be obliged to pay a fine or even imprisoned in the US. It works the same way with companies: if a business is found responsible for allowing its employees to violate regulations this company is subject to a fine and even closedown. For instance
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every activity‚ particularly in business. E-business now has an important role in the success of enterprises. It reduces expenditure‚ time and labor for management information systems‚ yet provides higher quality of financial information to managers. On the other hand‚ conducting e-business can create a non-secure environment that may influence the quality of financial information. Both accidents and intentional breaches are potential security risks arising from e-business. Accidents cannot be completely
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Business Regulation Simulation Alumina‚ Inc. manufactures auto parts and aluminum packaging material‚ mines bauxite‚ and refines and smelts aluminum (University of Phoenix‚ n.d.). After reviewing the simulation‚ it is easy to see how a business can be the target of legality. In this scenario‚ fingers were pointed at Alumina‚ Inc. for contaminated water that may have been the cause for a case of leukemia in a female child. In any business‚ management teams must take caution that tort and regulatory
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(M2) What benefits do you think Knight Enterprises Ltd and their customers could gain from conducting their business online? An online presence for Knight Enterprises Ltd is a powerful marketing and communication tool‚ an incredible source of cost-efficiency‚ an environmentally friendly way to work‚ a sign of professionalism and pretty much a requirement today. Benefits for the organisation The first benefit identified that organisation have an advantage of from internet marketing is that
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Business Regulation How much business should or should not be regulated is a topic that is highly debated in today’s society. Mitchell Holt‚ in an article on Chron.com‚ discusses five areas of the government’s regulation on businesses that I feel are relevant to this project. At the end of this essay‚ I will offer my own opinion. The first area of regulation involves advertising. One of the basic responsibilities of the Federal Trade Commission is to protect the consumer while ensuring that
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Was the company ’s experience positive‚ negative‚ or mixed? One of the most well known companies that has done business overseas is McDonald ’s corporation. While this expansion worked well for the company in the beginning by 2002 the corporation was looking to close 175 stores overseas. (Webpro‚ 2002) What legal or political barriers did the company have to overcome? Each country has a different set of laws to govern the way in which companies may operate in there country‚ employee benefits
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