Business law Research Paper Example | Topics and Well Written Essays - 1250 words

Business law - Research Paper Example The policies formulated must be taken into consideration for implementation purposes. Due to dispute that may arise either from the residents of United Arab Emirates or investors from other countries, ADNOC is a company which is committed to ensuring that sustainable development or equal share between individuals and the earth is achieved. Due to this fact, it has made the company to be competitive and thus it has substantial business transactions by either transporting, shipping oil to other countries, marketing oil and distributing. The demand of oil from non producing countries has made United Arab Emirates to expand and develop other gas fields. Due to this expansion Abu Dhabi National Oil Company has 14 companies for distributing oil, gas and other crude oil. This paper seeks to discuss and examine the means of dispute resolution used by Abu Dhabi National Oil Company in United Arab Emirates. United Arab Emirates is a country that is known for foreign investments and thus the country does not have domestic laws which protect those individual who invest in the country. Treaties are normally used in United Arab Emirates though there is need to come up with investment protection and legal means which are used when there is an investment opportunity. The Great Britain was the one which granted emirates free from protectorate laws in 1939 to 1953. During this entire period the law to govern the Emirates of Abu Dhabi was not documented and thus no legislative or administrative means could be used to cancel any business operation that was being carried by the investors. In 1960s agreements between Abu Dhabi and other international oil companies were written requiring the applicable law to be used while carrying business transactions either abroad or locally. The agreements which were signed out contained force of law and thus incase of breaking it then one was answerable to the law. The

Pressures for Change Essay Example | Topics and Well Written Essays - 1250 words

Pressures for Change - Essay Example Barrett was barely a year old at the organization when America started the war on Iraq. This was in 2001. The war was solely a political move that had dire consequences on different aspects of the American economy. It strained the economy as more money was needed to fund the fight. In this case, the money could only be sourced from public fund which is tax collected. This resulted in a shift in the purchasing forms of most the American market. The war also affected international markets. For instance, sympathizers of the Iraqi government started discriminating against American products and Intel was one of the companies that felt the consequence of the discrimination. Intel manufactures computer chips and sells them off to other companies some of which are situated overseas (Palmer, Dunford & Akin, 2009). The poor performance following this had detrimental consequences on the firms’ standings at the stocks market since low sales meant lower profits resulting to low dividends t o its share holders. As a result, investors began shying off from Intel’s shares and this was to blame for the poorest price of twenty dollars that the company’s share got to by September 2001. This poor performance caused by the geopolitical factor needed effective change to reverse. It was a trend that could have seen this leading market player liquidated within the shortest period and the chief executive office Craig Barrett could not have known what would have hit him. Being the aggressive individual he was, he noticed the need initiate change and introduce a brand into the market that could sustain the buying trends at the time. It is with this in mind that he launched faster and smaller processors at lower prices. With this type of product, the firm shifted its market target from the high end citizens to the middle and low class who coincidentally formed the majority of the population. He also was forced to diversify the firm’s operation. He transformed th e company from merely making the microprocessors to a manufacturer of other information and communication appliances. In as much as the move to begin manufacturing other communication and information appliances was a good one, it was bound to impact negatively on the general sale of the firm’s products. Intel initially manufactured these micro chips and sold them to other manufacturers of ICT products such as Toshiba, Acer, and Hewlett Packer (HP). This meant that these other secondary firms would buy these chips in bulk and use them to manufacture their products. But since Intel would still reserve the copyright laws, they would always indicate that their products had Intel chips. This acted as a platform for further advertisement for Intel’s products. It is, therefore, only logical that when Intel began manufacturing such appliances as computers and mobile phones, it started competing for the very limited market with its former customers. This would not have been rec eived positively by these companies as they started treating Intel as a competitor and not a supplier. This further reduced the sales of the firm’s products and contributed to the poor price of the firm in the year 2001 and early 2002. With a poor performance, and the changes that the chief executive officer was making in the firm, the company was most definitely taking a newer shape. The