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Copyright of Journal of Economic Administrative & Legal Sciences is the property of Arab Journal of Sciences & Research Publishing (AJSRP) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The purpose of the study is to build the agricultural land market subjects’ economic behavior models. The formation of rational land use in the agrarian sphere indicates influence of institutional factors – motives and interests of land owners that allow to ensure land distribution included in the market turnover between the most efficient users. The structural scheme of the agricultural land market subjects’ behavior motives has been proposed. The motives of sellers in the land market are to optimize income that is achieved by increasing a land plot attractiveness. Buyers are guided by the possession motives, use and disposal of land by acquiring a land plot. Sellers and buyers of land plots are individuals and legal entities. Agricultural organizations, individual entrepreneurs, farms, personal subsidiary plots, and citizens (rural population) participate in land sailing. Buyers in the market are owner, land user, landowner, and tenant. The functions of sellers and buyers have been systematized considering the purpose and action of the actors. Destructive and rational models of the agricultural land market actors’ economic behavior have been presented and developed. The application of the destructive model is associated with negative consequences characterized by land withdrawal from economic turnover, change of its intended purpose, and land transfer to another category. The rational model includes finding an optimal alternative under a set of constraints and provides for a high level of human intelligence and knowledge to make right decisions. Factors of this model are coordination of land ownership institutions and creation of a legal framework. It is characterized by strict administrative and legal regulation that contributes to eradication of shadowing in land relations. The area of application of the developed rational model of the agricultural land market subjects’ economic behavior is scientific organizations, agro-industrial complex management bodies at the regional and municipal levels, and agricultural producers.

Under English law, it is entirely up to the contract parties to agree on “force majeure” events that are beyond the builder’s control. Under an old English law principle known as the “prevention principle”, no party to a contract should be allowed to benefit from its own failure to perform. In the context of shipbuilding contracts, this principle should give protection to a shipyard in the case of delays in the delivery of a vessel that are caused by the buyer’s defaults. It is the builder’s fundamental duty to deliver the vessel to the buyer on the delivery date set out in the shipbuilding contract. If the builder demands to be released from that duty, it will have to follow certain requirements imposed by English law. [ABSTRACT FROM AUTHOR]

A traditional market is a place where there are many transactions between buyers and sellers. The development of traditional markets is currently getting worse, due to many modern retailers, and also consumers who seek convenience when shopping. Therefore, research is needed that focuses on the analysis of arrangements other than spatial planning, namely the analysis of the distribution channel of goods. This research method uses descriptive research, with data collection techniques through observation and interviews with traders in the Ciwastra traditional market in Bandung City. The results of the research obtained, namely the distribution of goods carried out involves suppliers, merchants/retailers and consumers/buyers. Another result found that, a retailer can also act as a supplier, when the available items have run out before delivery is made. In this case, It can be concluded that most of the traders in the Ciwastra traditional market in Bandung City apply semi-direct distribution, and indirect distribution.

Objective: to perform a philosophical analysis of the problem of emotions monetization, which is currently expanding the scope of manifestations and effects, as well as to disclosure the causes and features of this process.Methods: existential-phenomenological, analytical and logical, as well as structural and system-functional approaches. The ideas of D. Harvey, J. Baudrillard, N. Srnicek, R. van den Akker, A. Gibbons and T. Vermeulen on the state of modern society served as material for theoretical comprehension of the problem.Results: the research revealed that today the emotions monetization plays a significant role both in the life of a modern individual spending a lot of time in social networks, whom we call an electronic nomad, and of producers of goods and services, advertisers and intermediaries, bringing large profits to the latter. The consumerism ideology and the consumer society contribute to the emotions monetization, as well as the two-world, chaotic and fragmented here-existence of an electronic nomad, their loneliness and unstable structure of feelings. Consumption is not rationalized by a modern individual; it is associated with the desire for excess and is subject to a change of emotions and feelings. The nomad relies on advertising to satisfy his needs, where they are offered a product/service in an excellent form as a tempting deficiency. Today, to construct an advertising myth, databases and various platforms are used, targeting of potential customers is carried out, which allows manipulating their emotions and forcing them to make a choice. At the same time, the purchase of a product or service is associated with quickly forgetting the emotions, and possibly with subsequent disappointment. The electronic nomad, yielding to emotions, demonstrates lack of will, manipulability, and lack of reflexivity over what is happening.Scientific novelty: the results of the analysis of the current state of consumer society allow posing the problem of emotions monetization, identifying the reasons for the intensive development of this process in an electronic nomad, and discovering the features of manipulation tactics that lead to the conversion of emotions into monetary equivalent.Practical significance: consists in using the research results for further study of monetization using databases, recognizing the manipulative tactics exploiting the emotions of an electronic nomad, and problematizing the totality of emotions monetization and improving the quality of goods/services common in modern society.

Objective: to research the features of online dispute settlement by e-commerce platforms in the People’s Republic of China, to reveal positive features and drawbacks of ODS technologies applied by the platforms.Methods: empirical methods of comparison, description, interpretation; theoretical methods of formal and dialectical logic. Specific scientific methods were used: legal-dogmatic and the method of legal norms interpretation.Results: it was found that the internal ODS model on e-commerce Taobao ODS platforms is a direct, clear and effective means of online resolution of consumer disputes. However, being a non-independent “third party”, the internal ODS mechanism of e-commerce platforms will never be able to substitute other external systems of dispute resolution. ODS relies on the data and Internet processes much stronger than traditional dispute resolution. Among the many safety factors emerging as a result of online processes, ODS creates the risk of data leakage, lack of confidentiality and unsafe consumer protection. ODS also causes concerns due to traditional principles of justice such as objectivity, confidentiality and safety of data in the process of dispute settlement. Not only the People’s Republic of China but any country introducing the ODS technologies into the procedures of dispute resolution should take serious measures to ensure the ODS processes are just, unbiased and guarantee observance of procedural rights. Scientific novelty: consists in a complex research of online dispute settlement by e-commerce platforms in the People’s Republic of China, the practice of implementation thereof has its specific features stemming from the model of self-regulation of thee relations, further stipulated by normative legal acts of the People’s Republic of China and reflected in the activity of private ODS platforms.Practical significance: is due to the current absence of possibility to apply the legal norms and rules, taking into account the specific features of ODS technologies on private platforms, to the relations using such technologies. The main provisions and conclusions of the research can be used to improve the mechanisms of legal regulation of ODS technologies in the procedural legislation of the Russian Federation.

In recent years, consumer electronics marked momentum in consumer durables, but unfortunately repair activities of products suffered setbacks as it relatively involved higher costs due to a lack of repair infrastructure. The study focused on the freedom and rights of consumers to fix their own faulty devices as per the repair manual or to select the service provider of their choice without being mandated by manufacturer’s whims. The research undertaken is methodological in nature and aims to empower consumers through synchronizing trade between manufacturers and third-party sellers and buyers while ensuring sustainability in consumption of products by reducing e-waste with implications for policy-makers, researchers, public in framing strategies sustainable economic development. The survey of 112 respondents identifies the scope and need for the right, which has significant benefits to consumers whereby a plurality of respondents expressed a pragmatic unequivocal perspective towards recognition of a right to repair. The statistical representations reflect the original response collected on a pan-India basis through a survey-based structured questionnaire method. This ensures free and fair trade in prioritizing consumer protection while sketching the need for a discrete piece of legislation on the Right to Repair. The aim of the article is an attempt to identify digital reality along with digital maturity to embrace the consumer’s decision-making process. It intends to prevent unfair trade while promoting free trade and proposing discrete legislation on the Right to Repair so that it may be efficacious for the policy-makers in encompassing the provisions of the right to repair spelled with recognizing and reclaiming consumer protection as well.

Copyright of Revista Foco (Interdisciplinary Studies Journal) is the property of Revista Foco and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Annals of 'Constantin Brancusi' University of Targu-Jiu. Juridical Science Series is the property of Universitatea Constantin Brancusi din Targu-Jiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Studia Iuridica Lublinensia is the property of Maria Curie-Sklodowska University in Lublin and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Service productivity is measured as the relationship between outputs and inputs. In the outsourcing service industry, these outputs are different for buyers and suppliers, generating potential conflicts in the service process. Also, buyers' choices impact their inputs and, consequently, productivity. This study explores these relationships and their impact on service productivity. First, we assess the service productivity using outputs important for the buyer and outputs important for the supplier. Second, we assess which service characteristics (inputs) of each B2B affect productivity. We employed a data envelopment analysis to obtain efficiency scores for buyers' and suppliers' outputs. Then, we used these scores in a Tobit regression model to determine which inputs affect productivity. Findings show that the maximization of some buyers' inputs and outputs is not optimal for the supplier. Managers can use buyers and transaction data to identify the contribution of each B2B buyer to productivity and design better service contracts. [ABSTRACT FROM AUTHOR]

The "caveat emptor" rule, which has been introduced as one of the basic rules of contract law of traditional common law, does not hold the seller liable for defects in the goods or non-compliance with the terms of the contract, and holds the buyer responsible for inspecting the transaction. On the other hand, Islamic law considers the buyer to be entitled in such positions and gives him the option of defect or the option of incorrect description or the option of unfulfilled condition and the like. In recent decades, with the emergence of many problems in implementing the "caveat emptor" and considering the violation of buyers' rights if this rule is applied, we face the emergence of the opposite rule called the "Caveat venditor" rule, which seeks to amend the previous rule and the main area of emergence That is the rules governing consumer rights. In this article, while comparatively studying the institution of "caveat emptor" and similar Institution in Iranian law, we seek to explain the strengths of each of the two establishments and offer a correction proposal to correct the weaknesses of domestic law. However, in general, we will see that what has been achieved nowadays in the common law system, was explained concurrent with the formation of the independent legal system of Islam in the time of the Holy Prophet.

The objective of the article hereby is represented by the understanding of the notion of contract from the following perspectives: the contract is the main source of civil obligations and the contract is an agreement, a convention between parties, but also of the classification of contracts and of the practical importance of this classification.

The article deals with the problem of pursuing company assortment policy, which is aimed at meeting buyers’ needs by joint creation of customer value. Within the frames of this approach the author analyzes existing concepts of building delivery chains and substantiates the use of the concept of building delivery chains from the customer. The role of category management in the context of relation marketing is shown. Participant groups of building customer value chains are identified and the system of their interrelations is demonstrated as the most important element of assortment policy effectiveness. The author puts forward a hypothesis about conflict of interests of participants in customer value chains, in spite of the common goal, i.e. maximum satisfaction of buyers’ needs. On this basis the preconditions of such conflicts of interests in these groups are investigated and steps aimed at their elimination are proposed, whose implementation can raise effectiveness of partner interrelations and therefore, efficiency of company assortment policy targeted at meeting customer needs.

Transfer of technology (TOT) is a contentious issue in the international defence trade. In 2019 it was estimated to form at least 40%, or $123 billion USD, of total international defence trade. Whilst purchasing nations set requirements for TOT within their industrial participation (IP) policies, there is often a mismatch between the scale and type of technology suppliers can offer and the buyer's technological absorption capability (TAC). This persistent tension between ambition and reality frequently strains the buyer-supplier relationship. Thus, understanding how TAC can be enhanced is of vital importance. This paper defines TAC in the international defence acquisition and offsets context and determines the factors for successful TAC. The paper focusses on the potential challenges for successful TAC and offers recommendations on how to enhance TAC. This research is limited to the context of Southeast Asia. The respondents consist of industry, government and academics who operate in the Southeast Asian defence and security sector. [ABSTRACT FROM AUTHOR]

Currently, the market for the selling of petroleum products has reached a stage of development where it is almost impossible to satisfy all consumers with a single oil product, each category of consumers having their own expectations from the purchased product. Consequently, oil companies must consider the differences between consumer requirements and expectations when developing both their marketing mix and their marketing strategy. To achieve such a goal, they can adopt the strategy of dividing the market for petroleum products into specific groups, each including consumers with common characteristics and similar needs for certain goods and services. The action of finding the above-mentioned groups is called market segmentation. The segmentation of the market for petroleum products is the most important marketing tool, its role being that of helping the company find its place on the market. [ABSTRACT FROM AUTHOR]

Sanitation, human wellbeing and natural worry alongside tangible characteristics like nutritive worth, taste, newness and appearance impact natural food buyer inclinations. Segment factors might characterize natural purchasers however the relationship isn't exceptionally huge. Purchasers likewise partner natural food with regular cycle, care for the climate and creature government assistance and the non-utilization of pesticides and composts. Premium value proceeds to stifle natural food utilization. Understanding the grounds of expanding level of natural food utilization such as inspiration are most basic in understanding the capability of the natural food to turn into a truly standard market. [ABSTRACT FROM AUTHOR]

This study focuses on the relationship and mutual interactions between farmer and land market transactions. This relationship is analyzed with the purpose to highlight the existing problems in order to define as clearly as possible the most fruitful alternative ways to benefit the farm as the basic unit of production in agriculture. The farmer is the central economic figure for the organization, operation, and administration of the farm. As such a figure, he must perform his duties in a timely manner and with the highest quality. These duties relate to his self-formation with the concepts of the agricultural market economy. The farmer's work also determines the progress of the farm in the entire range of problems that are evident towards development. Based on the SSBU indicators, compared to EU countries, we can say that our agricultural farms fall quite short. This evaluation is made based on the performance of farm managers. The study was carried out through surveys conducted in the area. By analyzing the surveys, we conclude that the characteristics of the farmer (age, level of education, background) affect the land market. Young, non-native farmers are more inclined to sell their land rather than to utilize it for agricultural production. In addition, direct contact between the two parties, the buyer, and the seller, involved in a land market transaction are more preferred than negotiations through a third party: realtor or sales office. [ABSTRACT FROM AUTHOR]

The sales contract occupies an important position in Romanian civil law, due to the fact that, through it, the alienation or acquisition of ownership rights or other rights over goods in the civil circuit is carried out. It is the most used civil contract because it ensures the legal circulation of goods and other patrimonial values. [ABSTRACT FROM AUTHOR]

The article proposes a mathematical model to support decision-making on the volume of purchases and the level of retail prices, which the wholesale company (dealer) sets depending on the manufacturer's selling prices and the demand of end buyers for various volumes of wholesale purchases. It is assumed that the manufacturer and the wholesaler influence price through pricing policy. As a result, the problem of determining the optimal volume of wholesale purchases and sales, depending on supply and demand, as well as changes in the level of purchase and selling prices, is posed and solved. Two options for setting the problem are considered here: when the end buyer is informed and not informed about the producer's prices. [ABSTRACT FROM AUTHOR]

The article focuses on the scope of the Directive (EU) 2019/633 of the European Parliament and of the Council of 17 April 2019 on unfair trading practices in business-to-business relationships in the agricultural and food supply chain. It discusses recent developments in regulatory approach to unfair trading practices. It analyses steps taken towards uniformity in this area of law within the EU and contemplates whether there is a need for further harmonisation. The article attempts to evaluate the scope of the UTP Directive, focusing mainly on a material scope inherently linked to the notion of “agricultural and food products” and characteristics of unfair trading practices. It also discusses whether Member States should consider widening the national regulations beyond food supply chain so that their scope would cover vertical relationships in every sector of the economy.

The paper analyses unfair trading practices that arise as a result of imbalance in bargaining power between suppliers and buyers of agricultural and food products. Considering that unfair practices also exist in the relations established between consumers and traders, that special rules have been adopted in this regard, the peculiarities and differences that exist between these rules were first pointed out, i.e., in terms of the approach to regulating these practices. Furthermore, the classification of unfair trade practices as absolutely and relatively prohibited was performed, and, finally, the rules on the way in which suppliers are protected from unfair practices were set out. Basically, the method of protection (administrative protection, at the initiative of the competent authorities or at the request of relevant organizations and associations) justifies the adoption of special rules that establish an effective system of protection of suppliers from unfair trading practices.

The effects of the contract are the legal consequences that come into being between the contracting parties on the one hand, and in relation to third parties on the other hand. In other words, the effects of a contract are the obligations that said contract generates for the contracting parties. In the case of a sales contract, the contracting parties that perform certain obligations are the seller and the buyer. In the present paper I seek to offer a brief account of the obligations assumed by the seller through their valid entering into a contract of sale. The seller has three main obligations (to transfer the property, to hand over the sold good, and the warranties against eviction and hidden defects, respectively) which I shall approach throughout this study. At the same time, in order to comprehend the complexity of these effects, I opted to present the broader concept of a sales contract, thus analysing the definition and legal characters of said contract. [ABSTRACT FROM AUTHOR]

This research is a normative legal research, namely legal research that focuses on positive legal studies. In the sale and purchase of mining minerals, buyers with good intentions get guaranteed legal protection through the seller's liability, which is based on the provisions of Article 1495, Article 582 and also Article 1977 of the Civil Code where buyers with good intentions can sue the seller who has cheating, including hidden defects that were not known at the time the agreement was agreed upon by the parties. Based on the provisions of these articles, the fraudulent seller must be responsible for all risks of loss suffered by the buyer, unless the buyer bears all these risks. [ABSTRACT FROM AUTHOR]

The trend of outsourcing in industries has led to a situation in which various service providers are working at industrial sites. Managing such complex multi-employer worksites is a challenge. This study introduces a collaboration procedure for supplier audits in the context of integrated health, safety, environment, and quality management by large Finnish industrial buyers. A supplier-audit database is analyzed and supplemented by interviews with the buyers. Altogether, 456 audit observations are categorized in seven thematic areas to introduce what kinds of development areas suppliers have. With regard to the collaborative nature of the procedure, the benefits from the buyers' side were identified from the interviews. Cluster collaboration has proven advantageous in financial savings, objective assessments, and supplier development.

Copyright of Brazilian Business Law Journal / Administração de Empresas em Revista is the property of Administracao de Empresas em Revista and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

To change the way of product selection for cross-border buyer platforms that heavily reply on personal experiences and traditional data analysis, and to improve the accuracy in product selection process, the research proposed to use BP neural network to construct the product selection system, using influencing factors of product selection as inputs. The results reveal that a three-layers BP neural network with price competitiveness, brand popularity, product popularity, design creativity and product sales as inputs could stably and accurately forecast the final sales results, and the prediction accuracy is above 70%. This verified the feasibility of constructing product selection system based on BP neural network. [ABSTRACT FROM AUTHOR]

The contract of sale represents one of the most important contracts on internal and external circulation of goods. This contract is considered one of the oldest and it has the same purpose in all the countries worldwide. With this contract, the seller is obliged to deliver the goods he sells to the buyer, in order for him to gain the right of ownership, whereas the buyer is obliged to pay the price as per the contract. validity conditions, resolution and consequences of resolution, etc. In some occasions, the contracts are subjects of different conflicts which reach the only solution through courts. Given the fact that there are different types of the contracts of sale, it is important that we make efforts in order to study them, difficulties we encounter with regards to the circulation of goods and money. [ABSTRACT FROM AUTHOR]

Sale is known as one of the most widely used words in Islamic jurisprudence. Islamic jurists have each defined the nature, bases and types of sale as one of the specific and important Islamic contracts. Regarding sale, it should be mentioned that in some definitions, the early Imami jurists considered its nature as the exchange of two properties, while the famous Islamic jurists consider its nature as the demand and acceptance, which makes the object of sale the property of the customer and regards the price as the property of the seller. Another point is that, in the definitions of late and contemporary Imami jurists, there is a kind of semantic alteration in the interpretation of sale. From the view point of Islamic jurists, it seems that the elements of possession and ownership in the sale are concepts with wide conceptual scopes, and this is the superiority and distinction of Imami jurists over other jurists regarding the truth of sale. On the other hand, from the point of view of Islamic jurists, there are different types of sale, the most important of which are strict sale, contractual sale, absent sale, harmful sale, credit sale, general sale, deferred sale, gifted (mohabati) sale, debt sale, Morabahe (a sale based on a fixed price), etc. On the other hand, the bases of sale from the perspective of Islamic jurists are: demand and acceptance, buyer and seller, property sold, and price in the sale contract. Also, the features of sale from the point of view of jurists are: the ownership of the sale, the exchange of the sale, the objectivity of the property, the necessity of the sale contract. The research methodology in this paper is descriptiveanalytical using the library method. [ABSTRACT FROM AUTHOR]

The purpose of this article is to study the obligations of the parties to the law in Iran and Egypt and guarantee its implementation. The main question that has been proposed and examined in this regard is what are the obligations of the seller and the buyer in the law of Iran and Egypt? And how can the guarantee of its implementation be assessed in the law of the two countries? The present article is a descriptive-analytical and examines the question using the library method. The results of this research show that by concluding a series of obligations, the parties will be responsible which must be observed, which have the same view of these obligations in both laws; obligations such as delivery of price and cost are the delivery of both documents. Of course, there are differences in the guarantee of fulfillment of obligations and effects. In Iran law, unlike in Egypt law, the effects of termination appear from the time of the termination, not from the time of the contract, therefore, until the day of termination, the contractor leaves all his works so, the return of benefits is from the day of termination; another major difference is that in the case of Iran law, loss, defects or transfer of goods do not preclude termination, except in the case of discretion. What can be concluded is that in Egyptian law, the return of benefits is officially accepted, but the legislator in Iranian law has not explicitly commented on this. [ABSTRACT FROM AUTHOR]

Copyright of Annals of 'Constantin Brancusi' University of Targu-Jiu. Juridical Science Series is the property of Universitatea Constantin Brancusi din Targu-Jiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This review looks at the Android version of the Oxford Advanced Learner's Dictionary, with its latest (10th) edition, made available on Google Play in early 2020. It discusses both the dictionary's strengths, especially in terms of quality and quantity of content and also its weaknesses, mainly relating to form / usability and certain controversial marketing strategies of Oxford University Press. [ABSTRACT FROM AUTHOR]

Komal International, India is a family-run enterprise [also called small and medium enterprises (SMEs) in India] catering to the home decor business. In its mission to become a 'direct' business partner (supplier) to several MNCs1, Komal International noticed specific challenges to become a 'compliance-ready'2 export company. Consequently, the company embarked on identifying the relevant external and internal factors. The external factors were identified after assessing several MNCs that indirectly procured products manufactured by Komal International or were listed as their prospective buyers. This assessment and restructuring of its internal functioning allowed alignment with the needs of 'compliance-ready' export business. And in turn it provided the ability to survive in a competitive market. Purpose: This case study aims to identify challenges faced by the prospective family businesses (a supplier) to become a 'compliance-ready' supplier for the offshore MNCs (buyer) in the home decor market. The challenges were identified by conducting a structured questionnaire followed by a personal interview with existing and prospective buyers; further, modifications in the internal company policies lead to making a 'compliance-ready' supplier, useful in finding new export markets. Methodology: The approach was qualitative and included a series of in-person interviews3 with the management of the company over one year, assessing the concepts of family business internationalization as a theory, and from secondary published sources on home decor sector. As such, it was a case analysis to comprehend best practices in a family business to fulfil its vision. Basis of the Case: Phenomenon based. Type of the Case: Applied decisional. Protagonist: Present. Theory: The approach is to examine the relevance of 'internationalization theory' for a family business in India. Specifically, we shall, through a case study, investigate the business model adopted by an export 'compliance-ready' small family business to thrive in a competitive environment. Research Question: Komal International is a decade-old family business with a vision to provide home decor items globally. The protagonist, having examined the existing business model by considering the internationalization theory and the regulatory environment, has identified two specific challenges. The first is to understand the 'compliance-ready' strategy that in turn necessitates the internal policies to be streamlined for its business growth as a 'direct' exporter to MNCs. And the second is to meet an ambitious export prospect. The research question is attempted by using the internationalization theory and analysing its role as a supplier to MNCs and becoming 'compliance-ready' by modifying its internal company policies. Findings: The significant results suggested are the possible best practices that family businesses such as were embraced by Komal International that are aspirant to become a direct supplier to offshore MNCs may be considered for adopting. These include reworking many internal policies of the company considering (a) the internationalization theory, (b) opportunities from the revised regulatory environment established for Indian SMEs and (c) the opportunities in the global marketplace. By adopting changes within the company, the supplier side (for the buyers' acceptance as a compliance-ready company) can be strengthened. The findings can be useful to entrepreneurs, specifically family businesses, keen on internationalization. It will be of value to researchers and other SMEs (this definition includes family-run business) in India and globally. The limitations of the study include defining quality parameters based on product specifications and small sample size in interviewing MNCs. The research experiment can be extended to include country-specific analysis, trade trends and cultural analysis. [ABSTRACT FROM AUTHOR]