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ethical/legal (1 Viewer)
- Thread starter #23
- Start date
goan_crazy
Hates the waiting game...
ethical and legal aspects run throughout the whole course
e.g. in marketing, deceptive and misleading advertising, sugging, role of consumer laws, retail price maintainence, price discrimination etc
change-globalisation, quality of working life, ecological sustainability etc
finance-asset stripping, corporate raiding, misues of funds etc
emp rel-eeo, discrimination, unfair dismissal etc
global-ecological ecological sustainability transfer pricing, dumping etc
in response 2 ur 2nd question internal factors:
ecommerce
new systems and procedures
external:
technoligcal, economic, political, legal, social, financial, changing markets etc
e.g. in marketing, deceptive and misleading advertising, sugging, role of consumer laws, retail price maintainence, price discrimination etc
change-globalisation, quality of working life, ecological sustainability etc
finance-asset stripping, corporate raiding, misues of funds etc
emp rel-eeo, discrimination, unfair dismissal etc
global-ecological ecological sustainability transfer pricing, dumping etc
in response 2 ur 2nd question internal factors:
ecommerce
new systems and procedures
external:
technoligcal, economic, political, legal, social, financial, changing markets etc
Ethical issues:
-a business may be using environmentally 'un-friendly' products, by which they do not dispose of correctly
-the business may be setting up production in a country where there are no labour laws, or labour laws by which they can easily exploit such as paying below minimum wage or simply an amount of money that most people in other countries believe is a very low amount.
Legal issues:
-a business must adhere to common law, such as giving its employees entitlements as set out under Awards, or complying with the Workplace Relation Act
-when marketing products they must comply with laws that dont deceive consumers or put consumers in disadvantaged positions. s 52 of the Trade Practices Act 1974 (cth) acts as a code of conduct, setting out parameters for businesses (corporations) so they do not mislead of deceive consumers.
Internal Factor for Change
-the business may find better ways of production or selling their product, and as the syllabus says e-commerce is an internal influence.
External Factor for Change
-the government may change labour laws through a political decision such as through new IR reforms of 2005 for example, and it may be more economically feasible for the business to use capital machinery as opposed to labour
-technology may also mean that it is easier to use computer software, eliminating old procedures and causing change to occur within the business.
I hope these are along the right track.
-a business may be using environmentally 'un-friendly' products, by which they do not dispose of correctly
-the business may be setting up production in a country where there are no labour laws, or labour laws by which they can easily exploit such as paying below minimum wage or simply an amount of money that most people in other countries believe is a very low amount.
Legal issues:
-a business must adhere to common law, such as giving its employees entitlements as set out under Awards, or complying with the Workplace Relation Act
-when marketing products they must comply with laws that dont deceive consumers or put consumers in disadvantaged positions. s 52 of the Trade Practices Act 1974 (cth) acts as a code of conduct, setting out parameters for businesses (corporations) so they do not mislead of deceive consumers.
Internal Factor for Change
-the business may find better ways of production or selling their product, and as the syllabus says e-commerce is an internal influence.
External Factor for Change
-the government may change labour laws through a political decision such as through new IR reforms of 2005 for example, and it may be more economically feasible for the business to use capital machinery as opposed to labour
-technology may also mean that it is easier to use computer software, eliminating old procedures and causing change to occur within the business.
I hope these are along the right track.