Hubbard foods ltd
Hubbard foods ltd was established in 1988, in Auckland. It is a private company which is manufacture breakfast cereals and sells their products in New Zealand. Now a day’s everyone like to quick ready food in their busy schedule. Also Hubbard makes right and healthy breakfast cereals. Hubbard use New Zealand’s own raw material for their production of products. In 1990 the company founder whose name is dick smith decided to put the family name on the cereal boxes and to rename the company Hubbard foods ltd. Also dick smith was stepped down as CEO from 2004-2007 and serves as the mayor of Auckland (dick smith, n.d.). Currently there are approximately 150 employees working in Hubbard foods ltd. Hubbard produces …show more content…
These laws govern how business will interact with their suppliers, consumers and towards other businesses. For Hubbard, firstly need to understand competition laws of Australia that ensures fair trading. Australia has national statutory framework to ensure that trading is fair for businesses and consumers. Secondly Hubbard has to complete product liability regulations for doing business in Australia. These regulations ensures product safety and information standards. These standards are design to find out harmful products and that particular product will not marketing. Other regulatory requirements which will complete by Hubbard are environmental legislation, privacy law, benchmark report ect. (australian business and environmental laws, …show more content…
All companies of UK are very unlikely to be put in a situation where bribery is needed. Despite some isolated instances of abuse of administrative power, the UK manages to promote high ethical standards in public services. The UK bribery act establishes liability for corruption offences committed anywhere in the world, including bribery between businesses and of foreign public officials. (United kingdom country profile, n.d.)
1.4 Trade structure
a) Australia: - the Australia-new Zealand closer economic relations trade agreement is one of the most comprehensive bilateral free trade agreements in existence. It covers substantially all trans-Tasman trade in goods, including agricultural products and was the first to include free trade in services. The objectives of ANZCERTA are to:
I. Strengthen the broader relationship between Australia and New Zealand.
II. Develop closer economic relations through a mutually beneficial expansion of free trade between both countries.
III. Eliminate barriers to trade between Australia and New Zealand in a gradual and progressive manner under an agreed timetable and with a minimum of