BUSM 4385:Ecostore - PEST Analysis - Political and Legal Issues - Technological Issues - Business Assignment Help

Assignment Task:

PEST Analysis
Political and Legal Issues
The UK is a constitutional monarchy, with Queen Elizabeth II as The Head of State whose duties and powers are conscribed by convention. The basis of government in UK is known as the Westminster system and led by the prime minister Boris Johnson, with the support of Ministers and Cabinets (GOV.UK, n.d.). The UK is comprised of four countries (England, Wales, Scotland, and Northern Ireland) with three legal jurisdictions which have their own legal system. They operate using common law, declared by judges and derived from the precedents through case law as well as the passing of legislation by parliament while Scotland uses a mixture of civil and common law known as Scottish Law (ICLR, 2020). International transactions disputes are usually resolved by arbitrators with 88?ses in 2018 held in London Court of International Arbitration (LCIA). Arbitration has several advantages such as confidentiality, tribunal expertise & neutrality, flexible procedures, and greater certainty through enforcement decisions of New York Convention. (Williams et al, 2020)

In registering a branch in the UK (Appendix A), an oversea company must register OS IN01 form to UK Companies House, register its IP rights which includes Patents, Trademark and Copyright as well as complying to several laws and regulations (Lopes et al, 2019). Fortunately, New Zealand and UK have a similar legal and financial system. On April 1 st , 2020, there was a 6.2% increase in The National Living Wage. This is great news for the workers but would be quite problematic for businesses (BBC News, 2020). In addition, the EU Withdrawal Bill, which outlines that EU laws will no longer apply in the UK. The new changes from tariffs and customs will give uncertainty for businesses especially small businesses (The Telegraph, 2018). Some laws that Ecostore need to consider are Employment Right Act 1996 which concerns about protection of wages and rights. Equality Act 2010 which outlines anti-discrimination in employment, and Health and Safety at Work Act 1974, about governing occupational health and safety (Lopes et al, 2019).

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