how business law largely contribute towards country’s development
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Credit goes to all the Group 02Members in HDBFM class for the fantastic work. sharing this PPT just to SHARE the knowledge we gain by preparing and presenting this . Hope this will help in somewayTRANSCRIPT
13/04/2023 Business Law- Group 2 1
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy””
Introduction
What is economy of a countryHow does Businesses help developing
an EconomyThe Law and Business Law in Brief
Branches of Business Law connecting all the areas of Business.
Practical Examples of Business law cases
How Can Business law Largely contribute to towards country’s Economy
Conclusion.
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 2
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
What is Economy of a countryMain parties involve in an Economy.How Does Business Law connects?
Economy
The wealth and resources of a country or region, esp. in terms of the production and consumption of goods and services.
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
Main Parties
involved
Private Sector
State Sector
13/04/2023 Business Law- Group 2 3
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
WHAT IS ECONOMY OF A COUNTRYMain parties involve in an Economy
How Does Business Law connects
Laws that decide the rights, duties and obligations of persons involved in business, commerce and trade.
Maintains a balance between the interest of the business enterprise and the consumers and regulates the different laws and methods by which any business is conducted
Law as a integral Part of Society. It reflects that values and the current practices of a country where business matters.
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 4
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
WHAT IS ECONOMY OF A COUNTRYMain parties involve in an Economy
How Does Business Law connects
Setting up business Acquiring
land and Machinery
Recruiting employees
Banking and
Financing
Sale of goods
Agency and
Contracts
Exports and
imports
Debt and recovery
Taxation Dividends
Expansions and Tex benefits
Bankruptcy and
Winding up
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 5
It talks about continual improvement of Standard of living, security, stability for growth and investment and human rights, which guarantee protection against oppression and discrimination which improve quality of life in term satisfactory and freedom to choose.
“A Developed county is one that allows all its citizens to enjoy a free and healthy life in a safe environment”- Kofi Annan.
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
HOW DOES BUSINESS HELPS DEVELOPING AN ECONMY.
What is DevelopmentWhen does this Development occurWhat Does it requireIn Which ways Development help Economy
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 6
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
What is Development
When does this Development occurWhat Does it requireIn Which ways Development help Economy
• Capital• Security• Change in Political
balances
13/04/2023 Business Law- Group 2 7
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
What is DevelopmentWhen does this Development occur
What Does it requireIn Which ways Development help Economy
Sustainability
Efficiency
New technology
and Investment
Global Drivers
Best practices
Good Frame of Business
Law
13/04/2023 Business Law- Group 2 8
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
What is DevelopmentWhen does this Development occurWhat Does it require
In Which ways Development help Economy
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
Domestic Produce
Exports and Imports
Infrastructure
Services
Economy
“How Business law Largely contribute towards country’s Economy”
House of Law & Business Laws In Brief
Civil LawCriminal Law
Business Law
Criminal lawThe body of law that relates to crime.
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
Business Law/ Commercial Law Is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.
Civil Law A branch of common law dealing with relations between individuals or organizations (as opposed to criminal law)
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
“How Business law Largely contribute towards country’s Economy”
What does Businessman need?
“How Business law Largely contribute towards country’s Economy”
House of Law & Business Law
What Does Businessman Need
What is good governance?full respect of human rightsrule of laweffective participationmulti-actor partnershipspolitical pluralism. ect.
Key attributes of good governance transparency responsibility accountability participation responsiveness (to the needs of the
people)
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
“How Business law Largely contribute towards country’s Economy”
House of Law & Business LawHow are good governance and human rights linked?Good governance, human rights and development
How are good governance and humanrights linked?Democratic institutions Service delivery Rule of law Anti-Corruption
Good governance, human rights and development made directly or indirectly by the
international community in a number of declarations and other global conference documents.
‐ Declaration on the Right to Development
‐ Millennium Declaration ect.
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 13
Main Branches of Business Law
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 13
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
Main Branches of Business Law
• Industrial and Labour laws
• Environment laws
• Fundamental • Rights in Business
• Consumer Protection
• Restrictive trade practices
• Monopolies and mergers
• Taxation• Laws against bribery and corruption
Forms of Business
Co, Partnership
s Etc, ,
Contract Law
Property law
Sale of Goods
Intellectual property,
trade marks
Finance and
BankingImports &
exports
13/04/2023 Business Law- Group 2 1413/04/2023 Business Law- Group 2 14
Forms of Business OrganizationBenefit of Forming a company legally
Forms of Business Organization Low relating to
Companies, (updated Act 7- 2007) Partnership, Agency, Government Depts., Public Corp.,
Benefit of forming a Company Legal Entity
Recognition Confidence Accountability Legal Protection of Both Co and stake
holders.
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 14
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”Branches of Business Law
13/04/2023 Business Law- Group 2 1513/04/2023 Business Law- Group 2 1513/04/2023 Business Law- Group 2 15
Forms of Business OrganizationBenefit of Forming a company legally
Industrial Labor Laws, Unions & Industrial Disputes EPF Chaos at Ratnayake EPZ –May
2011 $‘000,000 Revenue loss in 4 days Exports and imports loss Investor confidence Impact on Sri Lanka economy & BOP
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 15
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”Branches of Business Law
“How Business law Largely contribute towards country’s Economy”
Branches of Business Law
Acts of ContractsFinancial Acts
Branches of Business Law connecting all the areas of Business.
Law of Contracts Low relates of Finance and
Banking Hedging
Petroleum Corporation hedging case
Business Acquisitions and Land acquisitionis.
John Keels Vs Govt of Sri Lanka.
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
“How Business law Largely contribute towards country’s Economy”
Law of Contracts#Finance and Banking
Branches of Business Law connecting all the areas of Business.
Law of Contracts Low R elating to Finance and
Banking Hedging
Short term loss Long term gain
Business Acquisitions and Land Acqiuisitions.
John Keels Vs Govt of Sri Lanka. Fundamental rights
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
Setting up
businessAcquiring land
and Machine
ry Recruiti
ng employe
es
Banking and
Financing
Sale of goods
Agency and
Contracts
Exports and
imports
Debt and
recovery
Taxation Dividen
ds
Expansions and Tex benefits
Bankruptcy and Winding
up
13/04/2023 Business Law- Group 2 18
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
Branches of Business Law
Forming a CompanyRecruitmentsIndustrial Disputes
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 18
13/04/2023 Business Law- Group 2 19
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
WHAT IS ECONOMY OF A COUNTRYMain parties involve in an Economy
How Does Business Law connects
Setting up business Acquiring
land and Machinery
Recruiting employees
Banking and
Financing
Sale of goods
Agency and
Contracts
Exports and
imports
Debt and recovery
Taxation Dividends
Expansions and Tex benefits
Bankruptcy and
Winding up
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management
13/04/2023 Business Law- Group 2 20
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
Practical Examples for Business law and cases
Conclusion(Law as a Ruler, Executor,
Mentor, Administrator, Protector and a Saviour)
“Ways in which ‘Business Law’ can largely contribute towards the development of country’s Economy”
Thank YOU! Group 2
Higher Diploma in Business & Financial ManagementGroup Presentation- Legal Aspect Of Management