Legal factors affecting affecting business

Legal factors affecting affecting business

What is Organizational Law? Organizational development is defined as the process of knowing and changing the health, culture and performance of the organization. It is designed to improve the skills, knowledge and individual effectiveness of a company in terms of all its objectives. Organizational development aims to examine the culture, structure and strengths and weaknesses of a business so that individual, group and performance at all levels can be improved and changes can be created.

What does Employment Law refer to? The Labor Law contains the rights and obligations of workers and employers, since labor relations can lead to a wide range of situations. The objective of the Employment Law is to regulate unemployment, both when it comes to talking about the amount and duration of benefits and their ownership.

How are Consumer laws defined? The Federal Consumer Protection Law is a law promulgated by the President of the Republic Carlos Salinas de Gortari that aims to promote and protect consumer rights and culture and seek equity, certainty and legal security in relationships between suppliers and consumers. . In Mexico, companies and individuals are protected by said law, which ensures that there are no contracts with advantageous clauses or misleading advertising. There are several basic rights in the law:

• Right to life and safety of consumers who purchase a product or service.
• Right to knowingly choose the product or service that best suits you.
• Right to prevention and repair of damages.

What is Securities Law? Securities laws are the laws and regulations governing financial instruments such as stocks, mutual funds, and bonds. These rules are designed in part to prevent fraud, insider training, and market manipulation, while also promoting transparency through a complex system of reporting and enforcement.

What does Health and Safety at the Workplace refer to? Is the promotion and maintenance of the highest degree of physical, mental and social well-being of workers in all occupations by preventing deviations from health, controlling risks and adapting work to people, and people to their jobs of work. It is a strategy that ensures the health of workers, as well as the strength of national economies through better productivity, motivation and quality of products. At global levels, occupational safety and health have a powerful ability to mitigate inequities. It is a key goal for the first Millennium Development Goal to eradicate extreme poverty and hunger.

What is Taxation? Taxes are the values that are paid to the government so that it can cover public expenses. Taxes are mandatory and are calculated in the form of percentages. These taxes must be paid by both individuals and legal entities. Taxes are used to pay state expenses, thanks to these it is possible to finance the construction of public works such as roads, power stations, airports, etc. They also allow to cover the expenses that are invested in health, education, security, social benefits, among others. Values are also extracted from taxes to pay salaries to rulers and all public power, such as ministries, the armed forces, states and municipalities. In addition, part of the money collected is used to pay the public debt.