Legal Systems and Ethical Standards Research Paper

Legal Systems and Ethical Standards - Research Paper Example This paper gives an in depth analysis of the legal and ethical standards in the two countries. For an international company wishing to do business in a foreign country it needs to familiarize itself with the legal and ethical standards that regulate the operations of its business line. This mainly focuses on the commercial laws which are known as the law of merchants, intellectual property, commercial paper, business association, private maritime law and bankruptcy (JURIST, 2010). The industrial property law is stipulated in The Paris Treaty and covers matters including unfair competition, trademarks, patents and industrial designs. To incorporate a business in Greece the company must receive approval from the Chamber of Commerce and Industry, pay tax to the local tax authority and register with all other relevant bodies in the country. The legal system in the United States has led to the emergence of a capitalist market. There is free ownership of property and freedom of choice. There are unclear rules and regulations governing the business environment in the country. Joe Diver Company should get authorization from the Chamber of Commerce and Industry. The company should file its documents with the Athens Bar Association. It should pay the deposit capital in a bank, pay capital tax on the concentration of capital to the local tax authority and obtain a tax registration number. The company should sign the Articles of Incorporation before the notary public. The company must notify manpower OAED (Office of Aboriginal Economic Development) within eight days of hiring a worker. Joe Diver Company should register with the relevant social security authorities. For a foreign company seeking to introduce its products in Greece it must have 300,000 Euros (U. S. Commercial Service, 2010). Its labor laws must comply with those in the country and a third of the jobs created should be given to the citizens. A business

Portfolio Report of Theory of Customer Service in a Service Setting Essay

Portfolio Report of Theory of Customer Service in a Service Setting - Essay Example A futuristic outlook should be used for an increasingly growing and counterintuitive, making an analysis with fewer errors (Shuen, 2008). Currently, the net lifetime worth of every Redbox client stands at 70$, and the stir rate stands at a constant 5%. This $70 presumption is openhanded because it does not consider the dilutive impacts of stock-based payment. This reimbursement does not have an impact on the value for every consumer. However, it has a direct impact on the share of every shareholder on every customer’s value. Redbox’s stir rate can keep on reducing, causing other competences to rise. At the same time, Redbox’s may perhaps raise its prices, an approach that has previously been done numerous times. This strategy creates a favorable environment for the organization to stick with the $70 value for its customers (Redbox.com, 2005; Shuen, 2008). Critical Incidents Redbox is a media store that provides rental movies to its clients, along with other enter tainment material such as music, videos and books. Redbox has a headquarter store that is located at 1 Tower Ln., Ste. 1200 Oakbrook Terrace, IL 60181, United States, the enterprise has more than 27000 branches all over the country, with about 750 workers employed in these stores (Redbox, 2011). The specific locations at which the stores are situated include grocery stores, huge merchant vendors, drugstores, restaurants, and huge convenient stores nationwide. Redbox has however been looking forward to expanding its objectives into majority of the demands and requirements of the movie renters market. Founded by Coinstar, Redbox has the initiative as establishing it stores in major supermarkets and mall stores such as McDonalds as well as discount stores. However, the store is experiencing poor customer service management systems due to the lack of the latest and popular movies, which are the films with the most demands (Redbox, 2011). A major move that the owner of Redbox has to real ize is that customer service has five main varying orientations. They include CS (Customer service) software expertise, system, and technology; data storage space and scrutiny; CS has to be viewed as an alteration in business culture from a dealing objective to a client centric one; CS involves managing demand and that CS is also a strategy phase aiming at clients’ interests. Redbox on the other hand has the intentions of employing internet streaming to enable smoother movie selection as well as viewing (Reinartz et al, 2005). This initiative will enable the preferences of the clients to be heard and dealt with at a closer scale. Data storage systems of Redbox require improvement since the latest films are very much reported by clients to not be available at websites and their stores. Since such films are in the most demand, therefore, to maintain the most returns that the enterprise is capable of making, the data storage improvement can withhold the latest movies at a higher number that can sustain the market demands. This approach will improve the customer service with the enterprise (Kumar et al, 2011). Another approach about a proper CS system is the existence of elements that comprise the CS system. The elements are a data storehouse, systematic apparatus, protests management apparatus, interfaces to sustain panels. Databases ran by Redbox operate on the