Answer:
1) A business that sells goods without plastic whence the competitor sells with. In the current global warming and ocean plastic pollution is a topic of utmost and social impact, with even laws being passed that forbidden plastic straws, plastic bags, and others, a business that can go plastic-free (or with minimal use) in its processes starting from the suppliers to the final consumer keeping its prices competitive will have and market advantage.
2) 2a) Foreign exchange risk: Foreign exchange rates are constantly changing due to foreseen and unforeseen causes, it can cause a major disrupt in profit margins, gross income, and others. It´s imperative for a company in global trade to have an adequate foreign exchange policy, with solid strategies to stabilize profit margins, mitigate the negative impact of exchange rate changes, simplicity the currency exchange complexity amongst others.
2b) Cultural Risks: as a company trade with others around the world, it will inevitably clash with many different cultures, organizations, and societies. Some clashes can go directly against the company's core values and ethics. A company in global trade needs to have in mind those differences, make profound research of not only the other company but the economic social and religious environment that it is in and have commercial strategies to mitigate those potential clashes.
2c) Shipping risks: As a company selling goods to other countries or continents, they can occur in many disastrous negative impacts to its cargo, such as contamination, seizure, accident, vandalism, theft, loss, and breakage. Insurance policy is by far the best strategy to mitigate this risk, along with deep knowledge about not only the geographic place that a company is selling to but the whole trajectory that its good travel until there.
3) The Securities and Exchange Commission (SEC) demand and analyze financial disclosure by companies offering stocks, bonds, mutual funds, and other securities to the public. SEC does this with the purpose to protect potential investors in those companies, protecting them from frauds, or illegal financial practices. We could argue that SEC acts as a filter or judge that asserts for investors which company is safe to invest or not.
4) The Clean Air Act (CAA) is the comprehensive federal law that regulates air emissions from stationary and mobile sources. It serves as a defense for public health as it regulates how much of any determined chemical component a company can release into the air. It can affect business is in the chemical release amount, as many companies find expensive to have adequate infrastructure/installations to comply with the regulation. Generally, is cheaper to release chemical in the air without thinking in the environment protection or citizens health.
5) I chose Subway and learn a few things. 5a) it costs around U$105,800 - $393,600 to open a franchise, U$15000 being the franchise cost itself. It offers exceptional growth, higher than the market average, where 70% of new franchises are purchased by existing owners, giving its success. One last thing is that it is possible to choose between two types of franchise stores: a traditional one, the one you see at a street or shopping mall, and a non-traditional, the one you see at airports, college, amongst others.
6) Consideration in a contract is ‘something of value given in exchange for something else of value, usually in the context of a contract’. It’s the reason a contract is made. In a very simple example, a Person A (let’s call him Bill Laboaty) sells a bot to Person B (let’s call him Ted Sansboaty) for, let’s say, $20.000. In this case, Bill's compromise to sell the boat to Ted is his consideration and the $20.000 payment is Ted's consideration.
7) Tortious Interference is ‘the act of interfering with someone’s business by making a false claim that ultimately damages the business’. In a simple example, If I punch someone in the nose that would be a tort, in this case, battery. Is the act of damaging someone? In business aspects, it could be abstract damage, such as reputation. For example, If I post a viral fake video saying that the food of a store comes from unsanitary installations, I would be damaging its image, its reputation. That would be a tort as well.
8) An employee could be dating or having a romantic relationship with a supervisor or subordinate. That could represent a conflict of interest, depending on the employees involved and their position in the company. One thing that a company could do, even though it is not the best option, is to clearly state in the hiring contract that any kind of romantic relationship between employees is forbidden, occurring in contract termination. Another solution, more adequate, is to have an active HR which make it clear the company values and culture, where the couple could officially inform that they are in a relationship without punishment and causing less disruption at work.
