Business Law/Legal Environment
PART 1: Write each answer in the same order, labeled the same as here: 1.a., 1.b, etc.:
1.a. Pick a SUBJECT you are interested in, that involves business in some way. Tell me what it is. Examples: a favorite sport, makeup (cosmetics), smartphones, online gaming. Tell me what it is.
1.b. Pick a BUSINESS FIRM (company) involved with that. Tell me what it is. Examples: Dallas Cowboys football team, L’Oreal cosmetics, Apple, Walmart. Name your choice to me.
1.c. About this company, find at least 2 ARTICLES (online or printed) FROM THE LAST 2 MONTHS that show some important news about it. Name these articles to me by title and source (including any web links). Then, in your own words (as much as you can), answer these (labeled like this, in this order):
1.d. What kind of ORGANIZATION is your firm? For example, is it a corporation or LLC? Are its operations international, or mainly in one country? You probably have to go outside your recent articles to get this info. Here is an example of 1.e. Who are major players in this business? (“Players” meaning, the powerful and influential persons, and other firms (companies) in that same business, competitors, big investors, etc.?) In other words, what persons or groups have a big impact on how things go? Name them for me, and describe what part they play in this business.
1.f. VERY IMPORTANT: What are some main LAWS/REGULATIONS it works under? Who are the REGULATORS (agencies or other government bodies) it works with on these matters? Is this changing — are this company facing new regulations, or maybe less regulation under the current US government? Example google research for a question on regulators/ regulations:
1.g. What (in your own words) do the articles you can find tell us about changes happening, or coming, in the big picture for this firm/business? What are big challenges faced in doing this business, for example, are they growing and hiring more people now? What is the impact of COVID-19? Must they spend more soon on tech? Are there new technologies affecting their business, such as new ways to shop and choose their products? Is this organization moving well with the times?
DETAILED ASSIGNMENT
