Riordan Manufacturing Company is a successful company specializing in plastic molds. They have been in business for over 14 years, employing 550 personal and are considered to be a Fortune 100 company. Dr. Michael Riordan, a chemistry professor, founded Riordan industries. They gross over 46 million a year and have revenue of over 1 billion. There facilities are located in San Jose, California, Albany, Georgia, Pontiac, Michigan, and Hang Zhou, China. Some of their major buyers consist of automotive pats manufacturers, aircraft manufacturers, department of defense, beverage makers, bottlers, and appliance manufacturers. E - Business presents a great opportunity to and organization to increase sales and enter into a much larger …show more content…
Any business should be carefully thought out, but an e-business is can turn into a problematic issue. Riordan will not only have to deal with local/national laws but international laws as well. There are many different laws that come into play but some of the more important ones fall into Ethical laws, Privacy and security laws, copyright laws, Digital laws, and taxation laws. -Ethical Laws deal with ethics. These laws deal with the ethical behavior of business online. These are especially important to online pharmacy and/or stores. -Privacy and security laws are probably one of the most important. Maintaning the privacy of the customers and business is important to all. These laws pertain to safeguarding the customer's information and security of their personal information. -Tax laws are especially important in knowing and understanding because there are so many different pertaining to different aspects. The business needs to know and understand exactly how to conduct and tax according the laws set before them.
Copyright law protects the original works of authorship; this includes literature and audio. Copyright law prevents unauthorized copying and/ or distribution. With that being said there are many different aspects of an E-business website that can be protected under the copyright law. These items can be images, photographs, sounds, etc.
Riordan Manufacturing is an international plastics manufacturer that currently employs 550 people with projected annual earnings totaling approximately $46 million. The company is completely owned by Riordan Industries which is a Fortune 1000 enterprise with revenues of up to $1 billion. The company’s merchandises consists of plastic beverage containers that are produced at its plant in Albany, Georgia; custom plastic parts are manufactured at its plant in Pontiac, Michigan; and plastic fan parts are created at its facilities in Hangzhou, China ("Riordan Manufacturing", 2013).
There are many laws out there that cover near enough everything, so therefore with my business I will need to make sure I abide the laws which cover; health and safety, fire precautions, the environment, employee rights, the building, intellectual property (for example business names, inventions and copyrights), fair trading (consumer credit, consumer protection and competition law), keeping information about people, licences and insurance.
Riordan Manufacturing is a global plastics manufacturer with facilities located in: Albany Georgia, Pontiac Michigan, Hangzhou China, with a research and development department located in San Jose California. This establishment has produced an annual earning of forty-six million dollars. Riordan Industries, which is the sole owner of Riordan Manufacturing, is a Fortune 1000 enterprise with revenues in excess of one-billion dollars.
Riordan Manufacturing is a worldwide fortune 1000 enterprise manufacturer of plastics with sole ownership by Riordan Manufacturing Industries. Custom plastic product parts akin to beverage containers and fan parts help generate company revenue of one billion. Riordan development and research carries out at the company’s R&D headquarters location in San Jose, California. Three additional Riordan production plants include locations in Pontiac, Michigan and Albany, Georgia with an international joint venture in Hang Zhou, China. Riordan employs a mere approximate of 550 people with company projections at $46 million a
The growth of the company can only be maintained if all operation parts work simultaneously as a single unit. The goals of the organization must be achieved through accounting and financing systems that have been upgraded. Dr. Riordan a chemistry professor from Albany, Georgia founded, Riordan Manufacturing Inc. in 1993, he created many items that were patented in relations to polymer dispensing. The compounds are high in molecular weight in most cases almost a million units are created into some form of plastic and it is very strong. In the beginning Riordan manufacturing licensed panted and researched its creations Riordan manufacturing was one of the companies that spread through the World Wide Web. In 1993 Riordan plastic changed its name to Riordan manufacturing. The plant received business capital to expand production and purchased a manufacturing plant in Pontiac, Michigan, further expansion took place in the year 2000 and a plant was opened in China. Due to the international Expansion Riordan manufacturing structure has been recognized(Riordan, 2010).
Whether shopping as a consumer in a grocery store, buying a home on uploading software, laws play a big role in ensuring consumers are benefiting from all competitive prices and good quality goods and services.
I will be explaining three of these laws are, who does it apply to and how does it affect the businesses.
Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. There is a plant in Albany, GA that produces plastic beverage containers, a plant in Pontiac, MI that produces custom plastic parts, and a plastic fan parts facility in Hangzhou, China. The corporate office is in San Jose, CA along with the corporations Research and Development Department. Riordan Manufacturing is a subsidiary of the parent company Riordan Industries, Inc. a Fortune 1000 enterprise with revenues in excess of $1 billion (Apollo Group, 2013).
A common thread for all of these federal laws is the need for information confidentiality and integrity, and the ability to effectively audit the systems for compliance of these
Electronic business (e-business) can be defined as the use of the internet to network and empower business processes, electronic commerce, organizational communication and collaboration within a company and with its customers, suppliers, and other stakeholders. E-businesses utilise the internet, intranets, extranets and other networks to support their commercial processes (Colin Combe, 2006).
Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.
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These three classifications of law affect both business and society, through not only the guidelines defining what is and is not a crime, but also through protection for both. The examples above talked about a car hitting an individual. If it were taken one step further and the car belonged to a business, there are laws in place safeguarding the culpability of the business from the incident since though it is a company car, the company itself was not driving it. Instead the driver and only the driver would be the one at fault, and the victim would have only the driver to seek compensation or prosecution against.
Numerous and varied laws regulate the activities of all businesses and everyone involved in business, from owner to manager to employee. Some major business law categories are as follows:
My writing assignment will be about running an e-business. I am focusing on the following two types of businesses: Online Sales of Goods, and Digital Media and Software. My intent is to show that an e–business is easier and cheaper to run than a brick-and-mortar business, but needs a lot of legal expertise.