What rules apply to all firms universally?

Shavkat

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Government rules apply to all company activities, some of which are exclusive to a particular industry, and others, such safety and environmental regulations. Having cooperative and sincere relationships with the proper government officials is in the best interests of a business. A corporation must exercise caution to ensure that the goodwill it has developed with the government is never tarnished by the smell of corruption.
 
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rubesh

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Government rules apply to all company activities, some of which are exclusive to a particular industry, and others, such safety and environmental regulations. Having cooperative and sincere relationships with the proper government officials is in the best interests of a business. A corporation must exercise caution to ensure that the goodwill it has developed with the government is never tarnished by the smell of corruption.

Other universal rules include: 1. Adhering to the laws of the land 2. Complying with all government regulations 3. Paying all taxes and filing all necessary paperwork 4. Maintaining accurate and updated financial records 5. Maintaining proper employee relations 6. Ensuring the safety of all employees 7. Acting ethically and responsibly 8. Protecting the environment 9. Protecting the intellectual property of the company
 

Golden9

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Other universal rules include: 1. Adhering to the laws of the land 2. Complying with all government regulations 3. Paying all taxes and filing all necessary paperwork 4. Maintaining accurate and updated financial records 5. Maintaining proper employee relations 6. Ensuring the safety of all employees 7. Acting ethically and responsibly 8. Protecting the environment 9. Protecting the intellectual property of the company
A lot of firms have completely discarded such rules and it's bad for the economy and other businesses too.

I know a lot of them that think it's a waste of time, but expect complete submission from their staff.
 

Springtime

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Yes, there are rules which apply to all firms universally. They should not sell illegal or fake products, should comply with the company regulations, should pay tax promptly and observe the labor laws.
 

astutimeliana723

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Government rules apply to all company activities, some of which are exclusive to a particular industry, and others, such safety and environmental regulations. Having cooperative and sincere relationships with the proper government officials is in the best interests of a business. A corporation must exercise caution to ensure that the goodwill it has developed with the government is never tarnished by the smell of corruption.
Yes, I totally agree with you, government regulations do affect the regulations that apply to all companies, because these regulations usually regulate business activities globally and the detailed rules will usually vary for each company as long as they don't conflict with government regulations, then there's no problem.
 

IB D

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The law of patents applies to all the firms in the world. No firm has the right to reproduce another company's idea and innovation for the period that the patent runs.
 

uptrendfinancialsignal

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The law of patents applies to all the firms in the world. No firm has the right to reproduce another company's idea and innovation for the period that the patent runs.
You are right with your assertion because there is a copyright law and no one should reproduce what has already been been produced by someone else.
 

Stardom22

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At least All firms must comply with the legal requirements with the government before starting the businesses. These requirements could be business permits, business certification among others.
 
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