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MGT608 - Business Law and International Context.

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Australian businesses may wish to expand their operations and enter new markets in other countries. Making contracts is fundamental to business practice and this assessment allows students to reflect on the type of contracts a business may enter and to consider what the law relating to contacts is in the country they seek to do business....

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Question Preview:

Australian businesses may wish to expand their operations and enter new markets in other countries. Making contracts is fundamental to business practice and this assessment allows students to reflect on the type of contracts a business may enter and to consider what the law relating to contacts is in the country they seek to do business.

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In this report, we would be reviewing the external and the internal factors surrounding the contracts implications and the applications which are subjective to the chosen company while entering the targeted country. In this case, we have considered the Woolworth which is a leading Australian supermarket and the targeted country chosen is of the UAE.  As a director of the Australian company, who has done a number of businesses in the overseas, would be keen on review the legislation framework applied in the targeted country UAE.

As per the Alternative dispute resolution (ADR), it refers to the wide variety of the processes which would be inclined to build with the parties resolve disputes and also be able to consider it as a trial. Understanding with the typical ADR processes it has to also include the mediation, arbitration and also involve in the neutral evaluation along with the collaborative law (Leonidou, 2017).

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