Problems of Efficiency of Legal Regulation of the Business Relation

The article is devoted to the analysis of the general legal problems of the regulation of economic relations in the Russian Federation. Problems that lead to insufficiently effective legal regulation are identified, while identifying directions for resolving them. The objective of this research was to review theoretical and practical problems of the effectiveness of the legal regulation of economic relations in the example of the Russian Federation, which makes it possible to draw some conclusions. To obtain the results, a set of scientific techniques and methods of study of phenomena and processes were applied, such as synthesis methods, comparative jurisprudence, as well as a formal legal method and an economic modelling method. The method of economic modelling made it possible to assess the extent to which and at what costs, the rule of law has produced the expected economic effect. It is concluded that the effectiveness of legal regulation is one of the essential legal categories and that the legislator is obliged to monitor existing legal standards for its effectiveness.

MEDIATION: PRACTICE IN THE CORPORATE WORLD

The relationship between parties in corporate world is essential in order to addressing business disagreements. Where it is focusing on the language of business contract per se. Despite various dispute solutions and legal provisions on corporate, company and shareholder rights, all the parties concern are still facing some challenges. Mediation method is one of the alternative dispute resolutions for those who seeks justice without undergo the court proceeding. It is a swift and inexpensive form of dispute resolution. Mediator’s role is to facilitate the disputing parties, and utilizes both joint and private sessions to assist them to achieve consensus. In view of the economic interest, and with a vision to maintain their business relation, a private settlement is preferred between them. This study is using the doctrinal and comparative research methods. In which, this study is comparing the pertinent literature on jurisdiction of the court and Mediation Bodies in terms of Corporate / Company / Shareholders. The discoveries of this study are vital in describing the pros and cons of mediation practices and how it reflects justice to the Malaysian society.

Statistics and Analytics Management

This chapter introduces the concept of statistical analysis and analytics management in the contest of food and beverage data analysis and business decision modeling. It lays the foundation for a broad understanding of statistical analysis in general, the meaning of analytics, and the advantages of using statistical data analysis. It emphasizes the relationship between a statistical application, analysis, and business relation using basic statistical information in the decision-making process. It shows various formulas, tools, and techniques for self-conducted analysis in small and medium-size foodservice operations.

Cultural Impact on Global Trade

As in any international business relation, factors such as political, economic, social, technological, and legal dimensions are expected to significantly impact trade activities. Social factors include the cultural aspects of exports and imports along with the differences among foreign markets. Culture poses to be complementary to FDI and exports. Cultural components include food, language, clothing, values, traditions, and beliefs, which differ from region to region across the world. When the countries are culturally different, investing and trading becomes a risk. Hence, in today's scenario, it is very important for the organizations to understand cultural differences in order to compete with their competitors. Understanding these cultural differences owes the opportunity to make or break the success of a foreign trade opportunity. The global businesses need to adhere to the demands and perceptions of different cultures in the countries when they purchase different products.

ENGLISH LANGUAGE IN THE VIEW OF TEACHERS OF ENGLISH: A RESEARCH SURVEY

English has a vital role in not only in corporate sector but in education as well thats the reason English language is being taught in India throughout the classes. After completion of college educations students need to appear in interview for getting jobs and for getting the jobs of corporate sector candidates must have a good command over English language written and spoke as well. Whenever an organization requires having a business relation outside the country, their preferred language will be English. And they will have a further communication in English only thats why English has become language of corporate sector.

La teoría de la banca y la falacia de la innovación disruptiva en los servicios financieros

Exercise Banking is, above all, a question of trust between parties, in which one of them - the client - confesses how much he thinks worth, hoping that the other party will keep this information for its exclusive orientation in the development of the business relation. The core issue of exercise banking is whether or not to implement a strategy (whatever it is) should be anchored in a given and assumed organizational culture (whatever it is). Traditional banking, in general, seemed to believe little in Strategy, or rather, used the term and some related practices to overcome the propensity to manage almost always and only in the short termism of taking advantage of successive conjunctures. Considering that excellence can’t be reduce to the mere characterization of technological innovation or processes, the product / service of excellence presupposes the design, development and monitoring always and only from the perspective of the end user / beneficiary / client.

Evaluating quantity surveying firms’ performance

Purpose The purpose of this paper is to evaluate the performance of quantity surveying firms (QSFs) using the balanced scorecard (BSC) technique. Design/methodology/approach Based on a survey of 37 QSFs in Lagos State, Nigeria, the paper empirically assessed the performance of QSFs using the BSC technique. The targeted respondents were principal partners and quantity surveyor employees in the selected QSFs and relevant construction stakeholders, including clients, architects, builders and structural engineers, who usually have business relation with QSFs. Findings The findings of this paper revealed high levels of performance in non-financial measures of the BSC dimensions while low level performance is recorded in financial measure. Practical implications The exemplified performance measures allow QSFs’ managers to set their own priorities and to seek out improvements along the BSC dimensions of performance measure. The high performance recorded in non-financial perspectives needs to be sustained while a lot of efforts need to be put in place in order to improve the financial performance, thereby sustaining their viability. Originality/value This paper contributes methodologically through the application of a balance and all-encompassing principles in assessing performance. The use of this measure enables QSFs to structure a balance assessment of their operation, to identify their strengths and weakness, and to target areas for improvement in order to reach their desired business goals.

Influence of power asymmetry, commitment and trust on sme retailers’ performance

The purpose of this study is to analyze the effect of power asymmetry, commitment and trust to business performance. In a business relation, the role of power asymmetry, commitment and trust are importance to maintain the quality of a relationship. Business performance is an important factor to decide whether a business relation should be continued or terminated. We conducted a survey with traditional SME retailers in Indonesia as the respondents, which were obtained through purposive sampling methods. This study involved 245 SME retailers who have business relation with modern companies as their supplier. We adopted Morgan and Hunt’s (1994) model of relationship marketing for business to business in order to analyze the relationship among companies in business network. The result shows that power asymmetry, commitment and trust have significant, positive effects on business performance. The implication of this study is: power asymmetry between modern companies and SME potentially accelerates their performance, while commitment and trust will provide firm foundation for the companies involved in the business relation. In overall, power asymmetry has impact for firm with lack of bargaining position in business relation, thus instead of being exploited, SME retailers can increase their business performance due to partner’s pressure and demand to their performance.