Business in an International Legal Environment
With the internet becoming increasingly powerful and
popular, international business is bound to do so as
well. It has become more and more important for
businesses to conduct global commerce. As this trend
continues to rise and the world grows smaller, many
issues arise regarding the legalities of international
business. I will attempt to condense these issues into
this brief memo.
Many advantages and disadvantages exist in
international sales and trade. A few advantages are
quite obvious. Expanding the company's market in
order to increase overall revenue and dominate the
market share are the most apparent. In addition,
international business also unites the world in a way.
It is important to merge international economies in
order to become more global.
Disadvantages are a little less obvious and a little
more plentiful. Three major problems include different
legal systems, long distances, and insurance
considerations. Also, since the two parties neither
know or understand each other well, there exists some
amount of uneasiness between the buyer and the seller.
This latter problem has been somewhat resolved with the
onset of the letter of credit financing device. The
letter of credit is basically an assurance by the
buyer's bank that the seller will get his/her money.
In order for the seller to receive his money, he must
provide some proof that the goods had been delivered.
Other disadvantages include the price that is paid for
goods distributed to another country. This is settled
with international sales contracts. Trade terms are
used to settle differences in distance and insurance
problems. They are sometimes used to divide
responsibility between two countries doing business.
In 1980 the United Nations Convention on Contracts for
the International Sale of Goods (CISG) added some amount
of uniformity to international sales. Under the CISG,
contracts between countries are governed. This attempts to
provide certainty regarding frauds, timeliness, risk
of loss, and revocability of offers. One huge
disadvantage to international business is the issue
of disputes. When a dispute arises between two
In “Friends with Benefits: Do Facebook Fiends Provide The Same Support As Those in Real Life?”, Kate Dailey argues about whether the Facebook social scene could replace that of real life or it just mimics the likely course of friendship if people would still be close. The narrative begins with Dailey sharing an anecdote about a personal situation concerning a friend who just went through a hard time, the nonchalant friendship which the essay gravitates towards. While realizing the tragic news, her argument comes into place: is Facebook a great place to spread negative news or is it unable to beat the warmth in people’s physical reaction?.
Appealing to her audience through qualified sources and research, Rosen does an excellent job illuminating the shadows of social networking, showing how social networking websites will not only change the way people interact with one another, but that continued overuse of these sites may be hazardous to meaningful social interactions. The perils of social media is best exemplified in Rosen’s commentary on “virtual friendships” and the progressively narcissistic personality being encourage by networking sites.
In “Is Facebook making us lonely” Marche speaks about Facebook coming at a time where Loneliness was at its peak. He argues that the popularity of Facebook came because it promised a connection that people longed for during the period of peak loneliness. Facebook in his eyes is seen as an outlet for the lonely. The popular social media site helps those who are alone cope because they feel as if Facebook connects them to the world and their “real friends”. While “Love in the age of Like” may contrast those views it does not make any of Marche’s claims inferior or untrue. Ansari simply just offers a different view on the effects of social media and technology overall. Rather than argue on the side of isolation Ansari believes that technology provides a real connection that has never before been offered to society before. In my belief Ansari’s stance holds more weight and is more relatable. Marche’s stance also argues that Facebook does indeed connect us, which is its job. His article and research proves exactly what Ansari is trying to convey to the readers of his own article. One thing that both have taught me through these readings is that Technology can be a double edged sword, it all depends on who is behind the keyboard and also the users intentions. Each author has also taught me that regardless of your opinion the effect of technology on today’s society cannot be denied. The day and age we
The attraction of users to Facebook, or social media in general, isn’t that difficult to comprehend. Over the course of the past 60 years, the percentage of people live alone has increased by 17 percent. In the 50’s it was 10 percent, in 2010, it was estimated at 27 percent. The promise of a greater connection seems extremely attractive to those living in solitary. Here is the irony, what Facebook and Social media provides, differs a great deal from what is needed to create and sustain deeper emotional AND Lasting
Facebook is rapidly attracting multitudes of visitors every month instigating a shift in communication. This change consequently presents that societies are choosing to become part of the popular Facebook culture for various reasons, such as its renowned opportunities for keeping in touch with current social circles, reunifying long lost family and friends and broadening prospects of finding new companions. Facebook removes some of the barriers that may limit our regularity of communication with people, upholding the geographic differences, social class, busy lifestyles and economic factors that may usually discourage us from regular contact. (Cooke 2011, pp. ix-4)
Business owners and managers familiar with the court litigation system understand that high litigation costs and long delays make it difficult and expensive to resolve business disputes in court. They also understand that most civil cases that go to court are settled before trial. They are solved after spending considerable amount of time and money in the complex pre-trial phase, but just in time to avoid the risk of trial. Mediation and commercial arbitration provide superior solutions that help in resolving business disputes. Mediation puts the parties immediately in control of the situation and helps them get desirable outcomes without expending vast resources on litigation procedures (Berg, Permanent Court of Arbitration. International Bureau, International Council for Commercial Arbitration, 2005).
Like everything in life there are pros and cons. As a business owner you can help provide products, services, and jobs but it can also have its downfalls like causing personal liability exposure. The matric shows the types of forms that can be chosen, and a business can help reduce those liabilities by choosing the best organization form.
There must be genuineness of consent by the parties to the terms of the contract.
Through the use of social media such as Facebook and Twitter, people are able make connections that might otherwise not be possible. Social media and smart phones have been a godsend for me, previously I rarely found time to pen a letter or talk on a landline, I did a terrible job of maintaining friendships, technology has changed that for me improving my relationships and generating new ones. It would appear that I’m not alone, “half a billion people are now on Facebook suggests that people believe the benefits of connecting with others, sharing information, networking, self-promoting, flirting, and bragging” (Singer 464). Restak echo’s this when he said “laptop computers, cell phones, e-mail, and fax machines keep us in constant touch with the world” (415). “Philosophers interested in friendship, romance, and intimacy more generally have, in recent times, endeavored to distinguish between the types of people we like and the specific people we feel connections with in our lives” (Christian 106) reiterating that relationships with others are important to us. Video chat applications are another example of technology that affords easier connectivity, especially for those people who are unable to leave their
In this day in age, whether young or old, everyone is on social media. Between Facebook, Twitter, Instagram, and the many other options for socializing online, the internet has become an integral part in our society. When in public, wherever one turns, he or she will see a plethora amount of people on social media, whether it be to post a picture, update a status, or to just check in on their friends. However, in the busy world we live in today, one does not have time to actually keep up with friendships on a regular basis face to face. Therefore, the topic from the chapter that I found the most appealing as a future argumentative essay is the article by Kate Dailey, “Friends with Benefits: Do Facebook Friends Provide the Same Support as Those
1.11 billion was the number of active users on Facebook in March 2013. That number represents a 23 percent growth from a year earlier. In The Atlantic Monthly article “Is Facebook Making Us Lonely?” (May, 2012), Stephen Marche says that nowadays both the number of Facebook users and the number of lonely people are growing. However, the author argues that Facebook doesn’t make people lonely, but rather that these lonely people are drawn to Facebook because they think it can help them find friendships. He also mentions that Facebook can help people decrease their loneliness if they use it properly. Although some people might say that Facebook leads people to loneliness, I strongly agree with Marche that Facebook does not cause loneliness because Facebook helps people keep in touch with their friends, supports people to make new friends, and assists people in sharing their precious experiences and information with friends and family.
When people are active on social media platforms, they have come closer to each other. Even when they are far away from home, they do not need to worry about keeping in touch with their friends and family from their country. Not only those platforms enable us to stay connected with our loved ones, but also give us a chance to meet new people, make new friends, and turn strangers into travel mates or romantic partners. For example, individuals meet new people every day on Facebook who possess a similar perspective of a particular subject. As we are able to know people and keep in touch with them which form us to expand our knowledge about the humanity: different perspectives and personalities. Without social
People who are constantly using their phones and gadgets to access social media are losing their human instinct to interconnect with the outside world. Almeida states, “The universal concern over social standings put many unnecessary distortions on interactions and outings.” Mostly everyone in this generation uses technology since it is an everlasting advancing civilization, in technology that is; furthermore, it is making our civilization rely more on technology rather than relying on others or own well-being. Almeida says, “Again, almost nobody, myself included, is exempt from this group that uses social media.” The populace of the world uses technology and these so-called friendships people have online are not really friendships. People are communicating, but are not really gaining an acquaintance because no one knows who that person really is behind the mask. Almeida also states, “seldom exist in actuality.” Due to hyper-connectivity, the human civilization that highly revolved around communication and acquaintances, are no longer forming friendships the way previous generations have done. Despite that most of society is all akin somehow through the nodes of the social media, not all are considered friends since the people may not even know each other; in fact, many might not even know who they themselves really
As a social species, which depends on human interaction and body language, Facebook is no substitute for what we need. This new social media, that was designed to connect people, ironically has the effect of making us feel more socially isolated, depressed, envious and dissatisfied with our lives, writes Shristhi Ranjith.
The days when people took time to sit down and physically interact with other social beings are far behind us — when Facebook was not required to remind one’s birthday, when hand written notes folded into tiny triangles was the trendy medium of communication among friends, during classes or in the hallways. As a matter of fact, social networking has given a whole new meaning to the word “communication.” Today, our generation revolves around Facebook, Instagram, Twitter and other such social-networking sites where we tend to spend significant amount of time. Considering how these social sites have gained immense popularity over the years, our way of lives, as it seems is heading towards an unexplored direction. There is no denying that these social sites are helping us maintain online relationships with our friends, but the moment we get behind our computers or mobile phones to get in touch with our “virtual friends,” we seem to neglect the friends who are physically around us. Therefore, are social networking sites affecting our real-life relationships without our acknowledgement? Have we become too reliant on these social sites to show the world who we truly are?