The need to regulate trade and commerce and resolve business disputes helped shape the creation of law and courts. The Code of Hammurabi dates back to about 1772 BC for example and contains provisions that relate, among other matters, to shipping costs and dealings between merchants and brokers. The word “corporation” derives from the Latin corpus, meaning body, and the Maurya Empire in Iron-Age India accorded legal rights to business entities. Studies have shown how company acceptance and implementation of comprehensive safety and health management systems reduce incidents, insurance costs, and workers’ compensation claims. Marketing tactics include advertising as well as determining product pricing. From payment processing to foreign exchange, Chase Business Banking has solutions and services that work for you.
- In Singapore, the regulatory authority is the Monetary Authority of Singapore , and in Hong Kong, it is the Securities and Futures Commission .
- To start one of these home-based businesses, you don’t need a lot of funding — just energy, passion and the drive to succeed.
- As the collection and use of “big data” becomes more prevalent, data privacy becomes a central concern to a variety of internal and external stakeholders.
- Dog walkers take pooches out for their