Business law Cases Case Study Example | Topics and Well Written Essays - 500 words

Business law Cases - Case Study Example Since the Thai man had bought the books from the publishers, he therefore reserves the right to resell them, an argument which acquitted him from the allegations. The rule exists to protect both publishers and consumers from exploitations by either party. 3. The publishers who were the plaintiff in the case argued that they did not permit the sale of the books in the United States of America, an argument supported by other publishers. However, they fail to recognize that the Thai man had bought the books from the countries thereby purchasing the rights as well allowing him to resell the books wherever he felt like as he did. 4. The defendant produces the receipt of his actual initial purchase of the books from the developing country and argues that after buying the books, he reserves the right to gain financial benefit from them through resale as the first sale rule permits. The effects of the decision are likely to encourage second hand purchase of books thereby denying publishers of financial benefits (Brent 1). 5. The outcome of the ruling is more likely to encourage resale of books thereby encouraging more students to show preference to the second hand books instead of buying new books from bookshops and the publishers. The fact that resale transfers the rights to the new owners, students may also later sell such materials implying that the decisions will result in the recycle of books. 6. The facts in the case are likely to have ripple effects and affect businesses in the world. Currently the technological advancements enables ease of reproduction of materials making resale easier a fact that may encourage reproduction and resale of such material a fact that is likely to affect publishing businesses now than it did in the past. The owner of both the dog and the truck left both unattended, which is a major fact and a key determinant on the case. The predictability of the case results in injury of the victim a fact that compels the owner of both

Analysis of the New Market Essay Example | Topics and Well Written Essays - 1000 words

Analysis of the New Market - Essay Example GSK (GlaxoSmithKline), headquartered in Brentford, England, is a multinational pharmaceutical company. Founded in 2000, GSK is ranked to be sixth largest (by revenue) pharmaceutical company in the world (GSK Our Company). Its top selling drugs are Advair, Flovent and Ventolin and several other vaccines like diphtheria, tetanus, hepatitis B, etc. GSK operates in several south Asian countries, like Bangladesh. This paper is focused on new market analysis of Bangladesh with the aim of launching Scott Emulsion product of the company. It also includes the study of the market environment by PESTLE analysis to find out whether it is a prospective market of the product or not (GSK Scott’s Emulsion). Before launching any product, a company should analyze the market to ensure that the product will be accepted by the customers or not. Pharmaceuticals are one of the most important manufacturing industries in Bangladesh. The industry meets almost 97 percent of the local needs and it also exports to around 80 countries. The other top pharmaceutical companies in the country are Square Pharmaceuticals, Incepta, Beximco, Acme, Opsonin, etc. Among them, Square Pharmaceuticals hold the maximum market share of around 20%, followed by Incepta and Beximco at 9% and 8.35% respectively. Scott Emulsion is a vitamin supplement composed of cod liver oil, vitamin A, D, etc (Mph-bd. Cod liver oil). Other similar cod liver oil vitamin supplements in the Bangladesh market are, Cod oil by Rangs Pharmaceuticals, Cod liver oil by Drug International, Codcap by Incepta, Codliv SG by Pacific Pharmaceuticals, and Codvit by Opsonin Pharma Ltd (FiercePharma The top 10 pharma companies by 2013 revenue). The industry analysis is done using the Porter’s five forces. The five forces are threat of new entrant, threat of substitute, bargaining power of buyers, bargaining power of suppliers, and rivalry among firms. Threat of New Entrant: The