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(solved) Legal Aspects of International Business and Enterprise

   

Added on  2020-11-12

10 Pages2865 Words316 Views
LEGAL ASPECTS OFINTERNATIONALBUSINESS ANDENTERPRISE
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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1Walgreens Boot Alliance Inc...........................................................................................................1Legislative Regulatory frameworks affecting the MNC..................................................................1Impact of Treaties, conventions or agreements...............................................................................4CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
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INTRODUCTIONIn this report the legal aspects that a multinational company have to face while operatingin a certain country is been studied. The impact of various legislative regulatory frameworks thataffects the multinational company have been identified and determined its impact on thecompany. Treaties, conventions or agreements are being identified and their impact on theirproducts or services and its impact on the provisions of these products and services.1.WALGREENS BOOT ALLIANCE INC.Walgreens Boots Alliance Inc. is the first global health, well-being and pharmacy-ledenterprise. It belongs to Pharmaceutical retail industry. Through community pharmacy care andpharmaceutical wholesaling, company have a heritage of trusted healthcare services, bothWalgreens and Boots have experience which dates back to more than 100 years. After Walgreenspurchased 55% stakes of Alliance Boots, on 31 December 2014, company was formed.In Australia company has about 15,000 employees. Walgreen Boots Alliance haveoperations in more than 25 countries and employees around 385,000. That includes staffs ofpharmaceutical retailers, store in-charge, supervisors, distributors, etc. They all work together forsuccess of organisation. Company offers innovative and optimal efficiencies through unmatchedpharmaceutical supply chain and expertise staffs or employees.Walgreen Boots Alliance headquarters are at Deerfield, Illinois, United States. It has atotal revenue of US$118.214 billion. Walgreens Boot Alliance sells both prescribed and non-prescribed drugs and a variety of household products, which includes beauty and personal caregoods. They have more than 390 distribution centres around the globe delivering to more than230,000 doctors, hospitals, health centres and pharmacies. They are also one of the world'slargest purchasers of prescription drugs and many other well-being and health products.2.LEGISLATIVE REGULATORY FRAMEWORKS AFFECTING THEMNCThe Australian government have recognised necessity of regulatory framework to keeppace with development of financial market. Foreign investment is being encouraged andwelcomed by the government, consistent with community interests. Screening process of1
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