Legal Factors
What is Organizational Law?
It is to create a legal environment in the company where every action that the company
makes is within the rules of the laws without breaching them and keep updated as to
the change of laws.
What does Employment Law refer to?
To the laws that exist around the protection of the integrity of the workers
in each company. As of the data that it possesses of them as to offer safe
facilities to exercise the work that is assigned to them.
How are Consumer laws defined?
It is the norms that each product that is consumed must comply with
and guarantee the quality with which it was manufactured. For example in
Mexico there is the PROFECO that is in charge of consumer rights and there
we can denounce companies or businesses that give us a product in bad condition,
when the company guaranteed its quality.
What is Securities Law?
It is the laws of regulations governing the financial background of the company
or shares, and based on the laws the company must declare its data every period
of time, being these data clear and transparent.
What does Health and Safety at the Workplace refer to?
Maintain a clean and adequate environment within the company's
facilities to avoid contagion of any disease and provide medical insurance to
workers in case they have an emergency they can go to the hospital or institution
where they are affiliated.
What is Taxation?
Taxation is when the government imposes a series of fiscal responsibilities on citizens and business.
I like your definitions of those concepts, they're easy to understand, clear you did a good job.
ResponderBorrari agree with your ideas, good job! about the safety at work, I think there should be better conditions for workers in addition to the laws
ResponderBorrarI like your work Karina, really direct and clear, it is interesting for me you added PROFECO as an example also really important for a company to follow regulations according to how to enter into the market and most importantly respecting the costumer. Great work :)
ResponderBorrarHello, thank you for sharing with us your answers and investigation, I consider that one of the most important laws to understand is "employment law" due to we will work in an enterprise, but, what about our employer does not do anything of the instructions that he must to complete?
ResponderBorrarActually, it is our responsibility to know all the details that this rule contains, be sure about our responsibilities and rights. What do you think?
I loved how you complete your answer with the institute which protects the consumer rights, here in Mexico, that is a great idea, very detailed!
thanks for the clear and concise answers, very good job :)
ResponderBorrar