Opera market Political analysis Assignment Example | Topics and Well Written Essays - 250 words

Opera market Political analysis - Assignment Example Every organization carrying out any income generating activity has the obligation to pay taxes depending the existing rates and the amount of income (Christensen 1). For the company to maintain good political relations with the Internal Revenue Service (IRS), it must pay tax promptly as applicable and fill tax return. Second, the company faces the task to adhere to the rules governing the intellectual property laws. Business ideas, logos, names or inventions need protection by the above law. Therefore, any emerging business such as the Opera House must adhere to such rules to avoid future squabbles with anyone who may intend to steal their business ideas. Applying for a patent through the US patents and trademark office may be a bold step to take towards registration of the opera services (Kendall 441). Opera being a movie production business issue like copyrights records have to be set straight. Third, the company will have to check with Environmental Protection Agency on which environmental rules and regulations apply to their and comply with them. Opera being an operator in the entertainment industry means some noise pollution regulations may apply to it (Tajtakova 365). There are also state environmental laws to meet with for example state of New Jersey has its particular environmental laws Finally, the workplace safety and health law is also a significant regulation the company will have to comply. Workers’ safety and health are critical. Therefore, the company have to comply with the Occupational Safety and Health Act (OSHA). The company must identify the possible hazards to the employees and takes measures to minimize such

TATE & LYLE International Business Strategy Essay

TATE & LYLE International Business Strategy - Essay Example Over the years the company has become a multinational with acquisitions and alliances with similar agri-businesses, for example, from the USA, Canada, Belgium, and Australia. However, by the year 2000 Tate & Lyle began divesting itself of some of these acquisitions in a strategic move resulting from an unexpected reduction of profits. Tate & Lyle is increasingly diversifying into the manufacture of food additives and bio-materials like Sucralose and again beginning to reclaim its international expansion and globalization strategy (Case Study, Tate & Lyle.doc). More recent initiatives include ‘A joint venture with Du Pont to manufacture a renewable 1,3-Propanediol that can be used to make Sorona (a substitute for nylon)’ and the acquisition of ‘†¦ a small Dutch company called Hycail †¦ to manufacture PLA (polylactic acid)’ (http://en.wikipedia.org/wiki/Tate_&_Lyle). While profits from sugar refining would be affected by price fluctuations of raw sugar cane in world markets, natural disasters, and currency exchange problems, the food additive side of the company is very much a value-added business and lends itself to a more stable regime in terms of profits. It is also an expanding market and unlike sugar where the market is saturated, open to competition for greater market share. T & Ls expressed new strategic vision is to develop ‘†¦ partnerships to create the world’s leading renewable ingredients business’ and to ‘... build a consistent portfolio of distinctive, profitable, high-value driven solutions in products and services for our customers’ (http://www.tateandlyle.com ). T & L’s former (not very successful) globalization strategy appears to have been designed following a top-down model of the classical business development type. This is formulated in the form of a pyramid with vision at the top followed by mission, goals, strategies, tactics and action plans below.