Legal Aspects of International Trade and Enterprise Assignment - BHT Billiton

Added on - Dec 2020

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Legal Aspects of InternationalTrade and Enterprise
Table of ContentsEXECUTIVE SUMMARY.............................................................................................................1QUESTIONS...................................................................................................................................11 BHP Billiton in brief detail.......................................................................................................12 Legislative regulatory framework affecting the company........................................................13 Different treaties, agreements and conventions which affects and impacts the provision ofthe products and services of the company...................................................................................4REFERENCES................................................................................................................................7
EXECUTIVE SUMMARYThe legal aspects are the laws which may affect the company's operation andmanagement either positively or may be negatively. Firstly the report outlined the detail of theAustralian multinational company that is BHT Billiton in brief. Further the report discussedsome laws which are applicable on the company's operations and working.Lastly the reporthighlighted the treaties that is the bilateral and the multilateral treaty.QUESTIONS1 BHP Billiton in brief detailThe Australian multinational company BHP Billiton is an Anglo- Australian companywhich deals in the business of petroleum, mining and metals and is a type of dual listed publiccompany.The company was founded in 2001 by the merger of the Australian Broken HillProprietary Company Limited (BHP) with the company named Anglo- Dutch Billiton Plc whichforms a dual listed company and is headquartered in Melbourne, Australia.The products of thecompany are coal, petroleum, iron ore, natural gas, uranium, nickel and many more. Thecompany deals in mining industry and this industry is a primary, significant industry and is also agreat contributor of the Australian economy. Many types of minerals, metals and ores have beenmined throughout the whole country. The company has approximately 100,000 number of allover the countries out of which 62,000 of business in Australia. The company is globally situatedin around 26 countries like Japan, China, India, Manila, Philippines, United Kingdom, Colombia,Singapore and many more countries. According toLester, Mercurio and Davies, 2018,thepolicies of the company works in direction of encouraging openness, mutual understanding,trust, promoting team work and team spirit and coordination among the employees, diversifyinginter- personal relationships which are beneficial for the company in creating a competitiveadvantage over the competitors to stand and face the cut- throat competition in the market.2 Legislative regulatory framework affecting the companyThe legislative regulatory framework includes all the regulations, rules and regulations,acts, procedures and policies which are mandatory to be followed by the company forsuccessfully operating and conducting its business. These laws and regulations have been madedue to the reason that the laws make sure that the organization and all the employees and theindividual must abide by the law to meet the minimum standards which the company needs to1
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