FINANCIAL AND INVESTMENT (research Vodafone plc and British Telecom Essay

FINANCIAL AND INVESTMENT (research Vodafone plc and British Telecom plc of Telecommunications company in uk) - Essay Example This report identifies the relevant industry-related and economic-related factors which drive today’s strategic decision-making in both companies. Both Vodafone and BT thrive within a very regulated environment. Depending on the nature of the product or services, various regulation exists which dictate pricing limitations and overall service provision. British Telecom recognizes this and routinely expresses the business’ awareness of regulatory issues and how they relate to the long-term stability of the business. The Chief Executive Officer of Vodafone describes regulation as a risk to â€Å"market share, competitive position and future profitability† (Verwaayen, 2007: 27). From a strategic standpoint, regulation is a routine part of business operations, however when various legislation is provided in different, multinational regions the business must consider whether the foreign environment is worth the investment or whether new market opportunities should be researched. Moving either Vodafone or British Telecom presence into different markets which maintain less regulatory activities (such as price controls) w ould allow the company to have autonomy regarding the provision of competitive pricing which best befits the business model and profit expectations. It is clear that both Vodafone and BT must consider regulatory compliance in many varieties of business decision-making. Regulatory activity also comes in the form of litigation, where different foreign taxing powers regularly assess the value of company activities and demand capital gains taxes or other regional taxing expectations. Currently, Vodafone has appealed a case to the Supreme Court in which the business is being requested by the government in Bombay, India to pay approximately  £2 billion in capital gains taxes (Leahy and Betts, 2008). In a situation where both Vodafone and British Telecom have leveraged the

Tort of Negligence Coursework Example | Topics and Well Written Essays - 1000 words

Tort of Negligence - Coursework Example the case of Taha, it has been recognised that the duty of care was breached by Rob, who is accused of working is a distracted manner which resulted him accidently pouring hot soup over the face and body of Taha. According to the fundamental principle of ‘duty of care’, the term tends to refer to the circumstance(s) and/or relationships which are considered to be recognised as giving legal duty to take effective care. An infringement of such law can result in the defendant being accountable to pay the damages of the party or the injured individual as a result of breaching ‘duty of care.’ In relation to the fundamental concept of ‘duty of care’, the parties or individual may be exposed to claim for violation of a duty of care with the purpose of preventing various types of economic loss. The reality of a duty of care is often makes an individual liable if the individual claims for loss of property along with facing a significant loss of financial assets. According to the basic principle of English Law, pure economic can be referred underneath the negligence if an individual or party experiences a large amount of financial loss due to the misguidance of another party (Kinder, 2012; Harpwood, 2009). With reference to the interpretation, it has been widely accepted that economic loss or fatal financial collapses faced by a party significantly refers to financial detriment, which can be projected on a balance sheet even if it is it is not physically justified. For instance, the case of Hedley Byrne & Co. v. Heller & Partners Ltd can be taken into considerati on where the claim of Hedley Byrne & Co. has been considered under the legislation due to the negligence of recuperating economic loss by Heller & Partners Ltd (Waddell & Rothstein, 2011). With reference to the case scenario of Mike, it is duly considered that the court can establish relevant claim against Pitcher & Co due to the fact that one of its employees i.e. Rupert was involved in recommending