Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
International vs domestic marketing
Employment and labor laws
International vs domestic marketing
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: International vs domestic marketing
In anticipation of the upcoming Initial Public Offering (IPO) and the resulting transition of XYZ Construction, Inc. from a privately held corporation to a publicly owned and traded entity, the owners root desires an investigation into the essential economic and legal factor associated with this new status. Specifically, the research will analyze economic and legal factors as well as the employment and labor law issues that might influence the organization both domestically and internationally.
XYZ management goals are to increase the organization’s profits through improved working conditions, salaries, and benefits (Business Financial Systems, 2009, p.409). As the company grows domestically and internationally, hiring additional employees may be a necessity. Whether you hire your own employees or independent contractors, you will need to have a solid understanding of federal and state labor laws covering everything from benefits and wages to discrimination and harassment. This is to cope with additional tasks that must be performed as a result of operational expansion. Another option is to train existing employees for additional functions that they may perform. Those who can qualify may be assigned to jobs in the new international marketing or production outlet of the company.
Employment and Labor Law
This law is the one capable of explaining the economic motivation, background and implication of employment and labor regulation so as to help the policymakers, researchers and advocates express their own positional ideas (Simpson, 2011). Employment and Labor law initially arose out of protection for employee as a result of the outcomes being one-sided towards employers. There are four categories dealing with employment law. The ...
... middle of paper ...
... this level, participation in global business can help XYZ to achieve economies of scale that cannot be achieved in domestic markets (Breser-Pereira, 2009).
In order for XYZ Construction, INC., to function properly in the domestic and international market, safety and health, economic, employment and labor laws forces must be clearly understood. Organizations are affected by laws and regulations in all their business activities, such as hiring & firing decisions, workplace safety, the manufacturing and marketing of products, and business financing
(Business Financial Systems, 2009, p.338). For XYZ management to have good business etiquette, their knowledge of the laws and regulations will be essential and beneficial to the organization (Business Financial Systems, 2009). This knowledge of the laws and regulations will help the organization to prevent legal disputes.
Moran, J. J. (2008). Employment law: New challenges in the business environment. New Jersey: Pearson Prentice Hall.
The legality involved in operating a business is very momentous to both the owner and operators the company. Ones may not have knowledge of all the details; however, he or she should be acquainted with UCC regulations. When owners and operators understand UCC regulations, he or she can operate the business with more efficiency legally.
MacLaury, J. 1998. “A Brief History: The Department of Labor.” The United States Department of Labor.
Bennett-Alexander, Dawn D. & Hartman, Laura P. (2001). Employment Law for Business (3rd ed.). New York: McGraw-Hill Primis Custom Publishing. Downloaded February 4, 2008 from the data base of http://www.eeoc.gov
Bennett, Alexander, Hartman (2003), Employment Law for Business, Fourth Edition I., The Regulation of the Employment Relationship, The McGraw-Hill Companies.
Sloane. A. A., Witney, F. (2010). LABOR RELATIONS (13th editions). Prentice Hall. Upper Saddle River, NJ
I hail from Ukraine, the country that is still not a member of the European Union, nevertheless is definitely a European country. Therefore, I have always been interested in the EU laws, policies, priorities, regulations and so on to contrast Ukrainian reality with that of the EU states. Now I live and study in the country I have always had an innate and subconscious love to – the USA, the country known as the country of big opportunities. As the result, I became increasingly interested in the US laws and regulations, in particular employment and labor laws. To combine these two passions I decided to prepare a paper that compares the US and EU labor and employment laws.
Currently, XYZ Construction Inc. receives a majority of their contracts from the state government. The purpose of this essay is to analyze and discuss ethical and social issues, along with cultural diversity when expanding
Tomlins, C. L., & King, A. J. (1992). Labor law in America: Historical and critical essays.
While implementing solutions to the high turnover rate, companies must know and understand the law. The law is created and enforced by the government to prevent any discrimination or biases between the company and employees. It also prevents the strong, corporations, from taking advantage of the weak, employees.
Labour and Employment Law. Cincinnati, OH: South-Western Publishing Company.
In the business world every business has its own set of laws and regulations to follow and adhere too. Some have very few laws and others have so many it is mind numbing but, each law is set up to protect every worker, customer or person associated with that business’s location. However, some of these laws are outdated or just plain unnecessary in today’s 21st century business environment.
Traditional literature in the field of labor relations has focused immensely on its benefit towards the employer and in the process equating it to working rules. This has been so despite the field being expected to cover the process of, labor management, union formation, and collective bargain; all which are anticipated to create a positive employer-employee relationship. This relationship is said to be positive if there exist a balance between employment functions and the rights of the laborer. Also important to note, is that this relation is equally important to the public sector as it is to the private one. Therefore, to ensure a mutually conducive labor environment exists, effective labor management process and inclusive negotiation program should be adopted (Mulve 2006; Walton, 2008).
Stonehouse, G., Campbell, D., Hamill, J. & Purdie, T. (2004). Global and Transnational Business (2nd ed.). Chichester: John Wiley & Sons.
Legal factors involve the laws that a firm has to abide by, i.e consumer laws, employee laws…Understanding the varying laws and regulations in a given region of operation is critical to avoiding unnecessary legal costs.