1. Describe how legal objectives of order, reasonableness, and justice impact on
ID: 327054 • Letter: 1
Question
1. Describe how legal objectives of order, reasonableness, and justice impact on successful and profitable business management. 2. As a business leader, you will likely be called to court either as a defendant or plaintiff. What elements are required to establish standing in a dispute to be admitted to the court? Contrast court procedures in a civil case with procedures and prosecution in a criminal case. 3. Describe how and why the framers of the US Constitution created a federal system of government. Explain how three amendments in the Bill of Rights can affect your daily business activity? 4. Give an example showing how the steps of legal reasoning can be applied in business problem or dispute. 5. List alternative means to securing rights to real property. Contrast how rights to personal property are secured, transferred and taxed.Explanation / Answer
1. A profitable business management can be established by legal law order and justice because it creates the goodwill among employees of the company.
- In nowadays fast faced business environment there are various issues arise related to the company's code of conduct, harassments, frauds due to the cut throat competition etc which ultimately creates an unhealthy working environment in the company which directly impact adversely on the efficiency of the company's productivity which in turn lowers the reputation of the company in market.
- Generally the small companies with non- uniformity of different departments over their decision making and lack of the integrity of internal system as well as the lack of the coordination gives rise to such issues, whereas big companies creates reputation by overcoming all these obstructions in the path of the company development.
- When all the facets are as per company's policy and code of conducts that too in the favour of its employees, it motivates them to put their more than 100% effort towards the target achievements hence the employee retention can be achieved.
- Treat employee as an Assets & not the Liability, Rewards them for their remarkable work, recognition's and appreciation are the measures which can uplift the employee moral.
2. The standing in a court over any business related legal breach either as a defendant or a plaintiff requires the thorough knowledge of the business codes & conduct.
- As majority of the peoples involved in business related issue are not dreadful criminals, they are to be treated as general civilians and they must undergo civil case procedures and not the prosecution under the criminal case unless it requires under Indian constitution's law & order segment.
- Generally the disputes which happen in business scenarios are not grave and these arise due to the misunderstandings, not proper flow of communication, back bites or gossips and fear of the job losing or overtaken by some one else because of the Nowday's shear competition.
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