The Legal‚ Political/Trade Environment Chapter Objectives Structure Of The Chapter Laws‚ rules‚ and standards Issues The political environment The legal environment Terms of access Winds of change Chapter Summary Key Terms Review Questions Review Questions Answers References The legal/political aspect is very important in global marketing. "International law" can be defined as rules and principles that states and nations consider binding upon themselves. This raises two interesting
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Legal/Political factor: This factor exerts direct and indirect influences on Singapore Flyer. There are pros and cons. One of its positive side is that Singapore government cabin has placed multi-racial politicians to work together. This prove that there is no discrimination‚ regardless of race‚ everyone can enjoy themselves at the Singapore Flyer. Another positive side of the political factor is that the Singapore government have implement strict rules and regulations on those that may wish to
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Political and legal issues The current political situation is quite unfavorable for business generally. In Slovakia‚ we have one-party rule - SMER - social democracy. The government disadvantages entrepreneurs and make it more difficult situation by increasing taxes and social contributions for employees. Non-profit organization‚ such as Habitat for Humanity would be making a profit if they had to pay higher taxes based on the amount of profit. The primary activity of non-profit organizations is
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Factors that affect climate Latitude: Ocean Currents: Wind and air masses: Elevation: Relief: Near water: Global Factors that Affect Climate As the suns UV rays hit the earth they hit is directly at the equator causing more heat. Because these rays are direct and they hit direct at one spot. For part a‚ the earth start to slope‚ in which the sun’s rays have to hit a larger areas‚ and have to travel further distances. As the latitude increases‚ the average annual temperatures decreases. In North
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The Political-Legal Environment consists of laws and their interpretations that require firms to operate under competitive conditions and to protect consumer rights for example‚ Health and Safety and Consumer Protection. Government regulations are the forces that combat unfair business practices and serve as a guideline to avoid such discrepancies. There are four historical phases the government regulations falls into: • Antimonopoly period of the late 19th and early 20th centuries • Protecting
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What is the most influential factor positive or negative that affects training When a business chooses to train their workers there are many factors that affect the training process. Top management needs to have a “buy-in” and commitment to the training and development. Training needs to be part of the corporate culture. If employees feel they are not supported by their management while training‚ they may not give the attention and commitment that the training deserves. Training needs to be tied
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Political and Legal Factors(APEC) APEC consists of a combination of numerous different high powered governments‚ structured through power and based on an idealistic belief system. APEC has a political environment that has been important for the trading between the member countries; likewise with similar issues such as Cooperate Social Responsibility (CSR) and in relation environmental issues. APEC’s political aspect not only created but administrates the guidelines in trading standards and how trading
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Social factor Nowadays‚ using the smartphone is a trend‚ especially in Hong Kong. Everyone must have a smartphone even more than one. Smartphone penetration in Hong Kong has been rising‚1 from 35% in 2011‚ to 49% in 2012‚ to 63% in 2013. It reveals that there is a smartphone demand for Hong Kong people. In addition‚ according to the Google’s research report “2013 Our Mobile Planet: Hong Kong”‚ 96% of Hong Kong users browse the Internet daily with their smartphones‚ followed by Japan(94%)‚ Singapore(93%)
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“AN EXAMINATION OF POLITICAL AND LEGAL FACTORS AFFECTING GLOBAL HUMAN RESOURCE MANAGEMENT” TABLE OF CONTENTS I. INTRODUCTION …………………………………………………………………….. 3 Description of the Problem …………………………………………………………. 5 The Purpose of the Research ……………………………………………………… 6 The History‚ Settings‚ and Background of the Problem ………………………… 7 Scope of the Research …………………………………………………………….. 9 Definition of Terms ………………………………………………………………….. 9 II. REVIEW OF THE LITERATURE
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main political‚ economic and social factors that are likely to affect Thomas Cook plc. Political factors that may affect Thomas Cook plc may include civil unrest for example in Syria. This may affect Thomas Cook as their sales may decrease due to the lack of interest in visiting that country in turn giving low profits. Thomas Cook could be affected in the same way by the introduction of terrorist attacks‚ potentially facing a decrease in sales and even flights taking place. Another political factor
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