The National Management Academy in Myanmar presents Module LV-5007, which tackles business law. This module’s assignment measures the understanding of students on the law’s different aspects, which are essential when handling a business. This submission aims to provide an executive summary and recommendation and highlight the following topics:

1. Introduction

2. Public and private laws, and U.S.A laws

3. Product and service design

4. KFC, a most popular fast-food chain

5. Key performance objectives of KFC

5.1 Speed

5.2 Location

5.3 Cost

5.4 Quality management

5.5 Inventory and process management

6. Conclusion and recommendation

7. References

The study of law and its different implementations is crucial in every society, as it provides the foundation for order, justice, and protection. As a result, it is essential to understand the different laws and their implications and applications. The public law concerns government and local authority regulation, while private law deals with the rights and responsibilities of individuals. In the United States, Congress passes most laws, and the President signs the bills into law.

Additionally, this paper emphasizes four significant public laws of the United States:

1. Constitutional Law – which defines the responsibilities of the government, politicians, and citizens of the country.

2. Administrative Law – which provides the guidelines for government bodies to act legally.

3. Tax Law – which regulates and collects taxes from taxpayers.

4. Criminal Law – which protects citizens from violence, harm, and danger.

Furthermore, this assignment explores the different aspects that affect a fast-food chain's success. Focusing on KFC as a case study, it examines the brand's product and service design, identifies its key performance objectives, which are speed, location, cost, quality management, and inventory and process management. With these objectives in mind, KFC can provide a quality eating experience to its customers, which translates to customer trust, satisfaction, and loyalty.

In conclusion, this paper emphasizes the importance of understanding and implementing laws in every society, as it provides order, justice, and protection. Additionally, it highlights the critical components of KFC's success in the fast-food industry, which could serve as a model for other businesses.

Family law governs matters related to marriage, divorce, and family. The purpose of this law is to prevent negative consequences that may affect family and friends. In the United States, same-sex marriage is legal, but some states have yet to legalize it.

Myanmar's legal system is divided into three categories: common law, civil law, and customary law. Common law is adopted from English common law, which includes Myanmar company law 2017, Myanmar contract law, and Myanmar investment law, among others. Myanmar customary law is specific to the country and includes marriage law, divorce law, and women's rights law, among others. Despite being a member of international organizations such as the UN, ASEAN, and WHO, Myanmar's weak legal system and biased laws hinder its development.

Ethics are a set of principles that guide individuals to live fairly, do the right thing, and avoid harmful acts. Business ethics specifically refers to ethical values in the business environment. Following business ethics is crucial for the development of an organization. In the US, businesses follow general professional conduct, social values, anti-discrimination, fair labor standards, financial responsibility, and honest marketing practices. By adhering to these ethics, businesses can benefit from increased employee productivity, better reputation, and customer loyalty.

In conclusion, legal systems and ethics play critical roles in the development of a country and an organization. A strong and impartial legal system helps maintain stability and order, while ethical business practices foster customer loyalty and increase an organization's reputation. Therefore, countries and organizations should prioritize the development of their legal systems and ethical standards to ensure continuous growth and success.