Trade secrets

Earlier, the East India Company was mainly concerned with carrying on its business in India i.e., it was mainly concerned with trade and commerce in India. Towards the end of the 18th century the East India Company assumed real power after the Battle of Plassey and Buxar in 1764. Its administration was however in the hands of the people of commerce whose main interest was in making money for serving their own vested interests rather than providing the people under their jurisdiction with an…

regulations from country to country are numerous and complex. These and other issues in the regulatory environment that concern multinational firms are briefly discussed here. Countries often impose protectionist policies, such as tariffs, quotas, and other trade restrictions, to give preference to their own products and industries. The Japanese have come under much…

Unions exist in almost every industry from manufacturing and construction to banking and government. Their objective is to represent workers by acting as a bridge between management and employees. Among other important issues, unions facilitate negotiations for increased wages, benefits, and improved working conditions. While a union’s historical purpose is to offer redress for employer violations of employees’ civil liberties and moral rights the tactics that unions have taken in doing so also…

According to Dictionary.com, trade protectionism can be summarized as the economic policy of restraining trade between states or countries to protect domestic industry against foreign competition. These restraints are done and exercised through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations. There are many advantages and disadvantages of trade protectionism. One advantage of trade protectionism relies heavily upon tariffs. Tariffs…

the first and most famous thinkers who argued in favour of free trade. In economics context cited by Wikipedia, the principle of absolute advantage refers to the ability of a party which can either be an individual, or firm, or country to produce more of a good or service than competitors, using the same quantity of resources. Furthermore, Adam Smith explained the principle of absolute advantage in the context of international trade, using labor as the only input. Consequently, Ricardo, one of…

The American dream, long held as the golden standard for life in America, is a myth. The idea that simply by working hard, one will be able to rise above the status of their parents and achieve great success is not only an antiquated notion, but also one that puts false hope into the eyes of citizens. As advocated for by John Winthrop, America would best succeed in maintaining a values-based society rather than one motivated solely by self-interest. To best present itself as a shining example to…

The late 16th and 17th century experienced one of the most rapid spikes in not only population, but economic growth. In Economics, trade is king and global trade became a major aspect in the 17th century. There is little micro history on trade in terms of port cities. As a collective group we view port cities in terms of a trading epicenter, yet socially why did some port cities hinder at acquiring certain items more than others. These port cities formed one of the biggest foundations for major…

Though the early English settlement of Plymouth provides several points that reflect America today, Jamestown presents a better representation of modern America than Plymouth in Massachusetts. To elaborate, the English settlement’s purpose in colonizing Jamestown was their economic motives to obtain a widespread English market for English manufactured goods. America today has become financially wealthy, yet companies persist on gaining a wider market with refining their products/services to…

Annotated Bibliography Topic: Fair Trade Claim: Fair Trade promotes honest trading conditions, and better, safer lives for the farmers and workers, their families, and their communities all across the world. Resource 1: Buying Fair Trade: A Local Way to Help Communities Around the World This resource was useful for my topic and claim, because it tells how fair trade is beneficial for so many people. By "cutting out the middleman" the farmers and producers are growing their communities and the…

Amazon’s compliance with labor law does not end with the agencies discussed previously, rather, it continues with a number of federal acts that will impact in some way any unions established at Amazon.com. Human resource managers at this company can stay ahead of the curve by not only complying completely with the applicable tenants of these laws, but by gleaning insights from the spirit and intent of their passage. Railway Labor Act The Railway Labor Act, passed in 1926, regulates labor…