Board Paper
Question
This assessment addresses the following Subject Learning Outcomes
a) Critically analyse what law is and the role law plays in doing business internationally
c) Critically evaluate the multiplicity of laws and the conflicts they may present when doing business internationally
d) Construct and justify recommendations to management on specific legal implications of doing business
Potential Impacts of Law
The jurisdiction, in this case, will be The Japanese Labour Law, which follows National Labour Law Profile. This legislation will allow suppression of conflict regarding workplace health, employment, Unemployment Insurance, and superannuation. These conflicts are destructive, and they can be resolved with clear communication.
Potential Difficulties
Paying taxes is one of the difficulties that organizations can face as income tax varies. Income brackets start at 5% and end at 23%. The Ministry of Economy, Trade, and Industry has witnessed grievances regarding the superannuation levy, which stands at 14.64% of the earned wages. The payment procedure involves submitting ¥16,610 per month, which can be done at any financial institution.
Recommendation and justification
Providing a Win-Win Solution with active listening can be effective in this case. It can be justified that Japan is rich with its protocols and highly educated workforce. These clauses indicate that the company should proceed with the opportunity like a low corruption rate can help the business to flourish.
References
Chng, K. (2018). A theoretical perspective of the public policy doctrine in the conflict of laws. Journal of private international law, 14(1), 130-159. Retrieved from https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=4700&context=sol_research
Hook, M. (2019). A first principles approach couples’ property in the conflict of laws. Journal of Private International Law, 15(2), 257-287. Retrieved from https://ourarchive.otago.ac.nz/bitstream/handle/10523/12376/A%20First%20Principles%20Approach%20to%20Couples%27%20Property%20in%20the%20Conflict%20of%20Laws%20%28AAM%29.pdf?sequence=1&isAllowed=y
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