TrimesterT3 2019Unit CodeHI5015Unit TitleHI5015 Legal Aspects of International Trade and EnterpriseAssessment TypeIndividual AssignmentAssessment TitleResearch paperPurpose of the assessment (with ULO...

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TrimesterT3 2019Unit CodeHI5015Unit TitleHI5015 Legal Aspects of International Trade and EnterpriseAssessment TypeIndividual AssignmentAssessment TitleResearch paperPurpose of the assessment (with ULO Mapping)Students are required to research a multinational company (MNC) of your choice from the list below and explain in a report format on how any Legislative regulatory framework/s affecting the MNCs which operate in Australia and the impact of treaties, conventions or agreements on their products and services that they provide in Australia.Weight20% of the total assessmentsTotal Marks20 marksWord limitNot more than 2000 wordsDue DateFriday Week 6 – 11.59pmSubmission Guidelines All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. TheassignmentmustbeinMSWordformat,nospacing,12-ptArialfontand2cm margins on all four sides of your page with appropriate section headings and page numbers. Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style.HI5015LegalAspectsofInternationalTrade&Enterprise – Individual Assignment T3 2019Purpose:Assignment 1SpecificationsThis assignment aims at ensuring that students have familiarised themselves with their chosen MNCs topic and are able to identify the relevant Legislative, regulatory framework/s, treaties, conventions or agreements that are affecting their operation in Australia.Details:Written report – worth 20% and must be submitted - Friday Week 6 at 11.59pm. Assignment Questions:1. Identify a multinational company (MNC) which operates in Australia. Provide a brief description of the company including the following: The industry the company operates in Number of staff in Australia Number of staffglobally Location of global headquarters (150 words, minimum 3 references)2. Identify any legislative regulatory framework/s affecting the MNC you have identified which operates in Australia and discuss why and how it affects the company. For example, multinational corporations, like local companies, are subject to 30 per cent corporate tax. (925 words, minimum 3 references)3. Identify any treaties, conventions or agreements that have impacted on the products or services that your chosen MNC provides in Australia. How does it impact the provision of these products and services? (925 words, minimum 3 references)Assignment structure is to be written as a report format. It must include: Cover page Executive summary Table of contents Section headings Paragraphing Page numbers Reference list at the end of the reportInstructions:1. Please choose from one of the following multinational companies (MNCs) operate in Australia from the list (seebelow).2. Email your chosen company to your lecturer for approval. Note: you must get prior approval from your lecturer to work on your chosen company, otherwise, you will receive a failing mark in your assignment.Page2of9 HI5015LegalAspectsofInternationalTrade&Enterprise – Individual Assignment T3 2019
Submission:Page3of9a) Submissions must be de done online and run through SafeAssign on Blackboard. A signed cover sheet must be attached showing the total word count for the assignment. No hard copies are required.b) Submissions through SafeAssign must show a similarity percentage figure. Any submission that does not show a SafeAssign similarity percentage will not be marked and be required to re-submit.c) Late submissions will be subject to Holmes Institute policy on student assessment submission and late penalties (please refer to subject outline and Student handbook).Citation and referencing:a) Each answer must have a minimum of 3 scholarly, academic references (minimum of 9 in total for the entire assignment) which are appropriate for a Masters Level assignment.b) Assignments are expected to observe proper referencing in accordance with a generally accepted system of citation (ex, Harvard referencing). A properly referenced assignment showing in-text citation is critical to passing the group assignment.SafeAssign similarity percentage:a) Plagiarism in any form, shape or manner is unacceptable under any circumstances and will be dealt with according to Institute policy on plagiarism.b) In general, for written reports, a SafeAssign similarity percentage of 25% or below is acceptable. Regardless of the similarity figure, all group reports must use in-text citation and observe proper referencing rules.
Answered Same DayDec 15, 2021

Answer To: TrimesterT3 2019Unit CodeHI5015Unit TitleHI5015 Legal Aspects of International Trade and...

Monali answered on Dec 16 2021
148 Votes
TABLE OF CONTENT
    Sr. No.
    Particular / Description
    Page No.
    1.
    Cover Page
    2
    2.
    Executive Summary
    3
    3.
    Identify a multinational company (MNC) which operates in Australia.
    4
    4.
    Identify any legislative regulatory framework/s affecting the MNC you have identified which operates in Australia and discuss why and how it affects the company.
    5-9
    5.
    Identify any treaties, conventions or agreements that have impacted on the products or services that your chosen MNC provides in
Australia. How does it impact the provision of these products and services?
    10-13
    6.
    References
    14
LEGAL ASPECT OF TRADE AND ENTERPRISE
MERCK & INC. CO. KNOWN AS MSD IN AUSTRALI
EXECUTIVE SUMMARY
Merck Inc & Co. is global player in health care services and products. It has long operation history. It is a globally among top health care service provider. This report covers three main aspects with respect of Merck Inc & Co. with Australian context (a) Overview of MCN company (b) Laws and regulation with respect to MNC company (c) Convention, Treaties and Agreement with a view of products & services offered. Below is detailed discussion of each of the topics. Being Global organisation, data is collected from company resources and government resources, as and what published.
Identify a multinational company (MNC) which operates in Australia.
Merck opened businesses in Australia since 1967 and since then have been active. Being global headquarters at United States (U.S.) company is known as Merck & Co. Inc. in U.S., Puerto Rico & Canada. In Australia it is by the brand name of MSD.
· The industry the company operates in: Merck operates in Health care industry. Merck is a vibrant team of specialists in Healthcare, Life Science and Performance Materials. We share a love of science and a passion for technology.
· Number of staff in Australia: While exact number of staff has not been openly published, company has published two major aspect (a) Merck won Employer of the choice in Australia in 2018. Employer choice award those organisations who with effective employee recruitment, engagement and recruitment have maximised full potential of employees. (b) Company believes and have been providing equal employment opportunity & inclusive diversity
· Number of staff globally: Merck is awarded at Top Global employer for year 2019. Merch employs over 69,000 staff globally.
· Location of global headquarters: At New Jersey, United States (U.S.).
Identify any legislative regulatory framework/s affecting the MNC you have identified which operates in Australia and discuss why and how it affects the company.
Following discussion is to cover various relevant topics presented in context of risk management & its framework. This would be important for MNC like Merck having global operation.
· A little background of Australian laws is as following: Australian government has laid down Australian Trade and investment commission providing a guide to investment. It gives a brief and precise perspective on business and law atmosphere in Australia. Aspect of taxation, related to products and services, sound legal framework, governing bodies, acts and work by parliament are all contributing to value creation for operation of MNC. Australian Corporation Act,2001 is single statute which has laid down laws for business at federal and interstate level. Laws in Australia is heavily influenced / derived from U.K. Common law. Australian securities and Investments Commissions (ASIC) ensures good business infrastructure in capacity of regulatory authority for business. Merck being world class organisation follows disclosure standards and transparency. This is important for overall global organisation ensuring reputation risk and legal risk is under control and accounted for in model.
· Particulars of Merck operation of business development and licencing in Australia: Merck Australia boost to drive company in with research and discovery for the purpose of solving global challenged. Technology leverage is integral part of company’s operation. Merck in capacity of business development & licencing is actively doing business as global leader. In Australia Merger & Acquisition is laid down in Corporation Act, 2001 under part 5.1 and chapter 6 acting in tandem with related regulations and statutory instruments. List of acquisition by MSD is published on website. Australia ensures fair competition by Anti-trust/competition legislation governed by Australian Competition and Consumer Commission (ACCC). Foreign investment administration being looked after by Foreign Investment review board (FIRB) & associated taxes. Listing requirement as per Australian Securities Exchange (ASX). Strong government policy is corner stone for MNC working being issued by Australian Securities and investment commission (ASIC). A strong legal framework for easy & quick disposal of dispute. This is very important from MNC perspective as disputes taking too long to resolve or inadequate infrastructure can lead to operation being shifted to another country. In...
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