Deleted user
posted 2 years ago
how does business law affect your organizational development?
how does business law affect your organizational development?
Country
  • Italy
Fields:
  • Commercial and Business Law
Share

Answer this Post

Login into your account and answer this post

Contribute Now
mike
Deleted user
Lawyer
posted 2 years ago
The focus of law in relation to business is preventive. Identifying key exposures and curing them before they crystalize and become expensive exposures is key. To achieve this business operational process documents must be in place and periodic audit of operational process flows must be conducted for identification of hidden legal exposures. key business decisions must be taken with clear understanding of legal implications and exposures, finally documentation and legal compliance are key. Your business lawyer should not only be brought in when things go wrong but should be carried along from the very beginning. It is always cheaper to prevent a problem that to resolve one.
oobasogie
Deleted user
Lawyer
posted 2 years ago
Compliance with business law is essential for the development or growth of any business organization. Non compliance with business law principles can be disastrous for any business organization!