...Examining Government Regulations Anonymous HSM/210 Examining Government Regulations The target population I will be examining is the elderly, the first issue is Ozone standards. Based on extensive scientific evidence about ozone's effects the EPA proposed to strengthen the National Ambient Air Quality Standards. This will improve public health protection especially for children and the elderly. The updates also will improve protection for trees, plants and ecosystems. The second regulation to examine is on (CCRC) Continuing Care Retirement Communities. A. CCAC as a Surrogate for Regulation, B. Benefits of Government Regulation, C. Drawbacks of Government Regulation. Continuing Care Retirement Communities are the best option for the elderly and long-term care. They are known for the strategy of having different levels of care in the community setting and the way they provide cost effective care. As they continue to grow and lose the bad reputation for being financially unstable more of our elderly are finding this option attractive. However not all of the elderly population can afford this option, because the cost is too high. The problem has drawn attention from in and outside the industry who want to make CCRC affordable to more of the elderly population. It is well-documented that America's older population is rapidly expanding. "Between 1990 and 2130 the elderly population is expected to double to 65 million people" (DHHS, 1992). As the...
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...In my opinion, especially in this day and time, when you do business via the Internet, you're most likely dealing on an international level. This makes things trickier but for argument sake, as a whole, I believe self-regulation is best for the online business industry. I think that private sectors can adapt to changes more quickly than so with government regulations. So really in the end, even if you vote for government regulations, you almost have to somewhat go by the ethical codes established by trade individuals and professions (to an extent) otherwise you'll fall behind if you're waiting on regulations implemented by the government to catch up. On the issue of fraud and deceptiveness from perpetrators, that's virtually going to happen in any industry. Whether you are strictly a brick-and-mortar store, have somewhat of an online presence, or you are a full online business, you're going to have be schemed by someone, no matter if its government regulated or self-regulated. A few years ago, a local restaurant's credit card portal was compromised from a group of hackers several states away. This is proof that your privacy can be compromised without dealing with e-business, as this business had strictly a brick-and-mortar presence. Personally, when dealing with online businesses, I only use business that I know will protect my privacy. Primarily, businesses that I'm used to, or that take PayPal. I've had my bank account hacked into before via a site that was compromised....
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...Government Regulations Laws in the United States for mass production and commercial use of a drug are amongst the strictest and most costly to develop in the world. US demands for prescription drugs in 2009 was $300 billion, which was a massive 40% of the world population. In terms of strictness, drugs have to go through many tests by numerous regulatory agencies before getting approved for mass production. The self-diagnostic kit that tests for Influenza, Pink eye and Respiratory Syncytial Virus (RSV) has to be approved by the Food and Drug Administration (FDA), the Consumer Product Safety Commission (CPSC) and the Environmental Protection Agency (EPA). FDA; The obvious government regulation needed is the one from the Food and Drug Administration (FDA). Before any drug, or in our case a drug diagnostic kit, hits the market, it has to go through many trials and tests before it is approved. “As with all products regulated by FDA, rigorous reviews of laboratory and clinical data are needed to ensure the safety, efficacy, purity and potency of these products.” CLIA; Due to the fact that the self-diagnostic test is going to be a commercially used product for humans, it has to be approved by the Clinical Laboratory Improvement Amendments (CLIA), which are a part of the FDA. CLIA are federal regulatory standards in the United States created in 1988 for any laboratory tests that are performed on humans. One major competitor, QuickVue, which is a diagnostic for influenza A and...
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...Study of market: The impact of OECD & EU regulations on the Government IT market. A. Subject and scope of the study The initial Business Strategic Review (BSR) made by the Government (GOV) Business Community in 2010 has shown a lack of reusable solutions from one country to another in the Public Sector. Therefore we would like to investigate a new way to build up an international cooperation and to derive national IT needs from international regulations issued far in advance. The main focus of the study should be on the impact of European (EU) and of Organisation for Economic Co-operation and Development (OECD) directives and regulations on the European Member States (MS) in the area of Government-to-Government (G2G) collaboration between fiscal Administrations (typically Customs & Excises, but also VAT and more generally any Taxation department involved in fight against fraud or debt recollection at international level). Business-to-Government B2G exchange of information derived from such regulations, for instance between banks and their national fiscal Administration are also of interest since it can induce spin-off business for and enhance the synergy with the Private Sector. B. Objectives The objective is to detect national IT needs in fiscal area far in advance on base of international regulations issued a few years before in order : * to anticipate the Requests For Quotation (RFQ) * to amortize the non recurring cost of the developments...
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...Government regulation is a rather complex system that helps in providing better protection to the individuals wellbeing or to their environment. Health care regulations are necessary and implemented at all levels of government in order to better protect those that are seeking health as well as the health care organizations and the providers that deliver health care. These regulations help to ensure the delivery of quality health care for individuals and their families. In addition to the quality of the health care being provided, the right balance of government regulation also helps to produce more of the outcomes that we desire (Guterman, 2017). The key is finding and implementing the right balance of government regulation for the...
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...Government Regulation Research Paper 1 Crystal Carrothers Introduction Government regulation is around us everywhere. The government needs to make sure that the public’s interests are maintained and preserved. Being an accounting student, I have heard and read about regulation in the accounting industry numerous times. There have been many major accounting scandals in history that have lead to many different kinds of government regulation. The government regulations in accounting are mostly enacted to protect investors. From 2000 to 2002 there was an abundant number of large corporate accounting frauds, which led to the Sarbanes-Oxley Act of 2002. Previous regulations were efficient to a certain extent, but scandals still happened and more regulation seemed to always be needed. Even though the new SOX regulation seems powerful and efficient, I believe that there will always be a need for additional regulation in order to prevent future scandals. Securities Acts of 1933 and 1934 Summary of Regulation The stock market crash of 1929 resulted in the Securities Act of 1933. This act required that before a company an offer or sell securities in a public offering, they must register the securities with the Securities and Exchange Commission (SEC). The registration statement is used to notify the SEC that a sale of securities is pending and that the information needs to be disclosed to prospective buyers. This statement includes information about the issuer and its business...
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...Government regulations for enterprises using cell phones, smartphones and other various mobile devices and current technology can be overwhelming. Especially with current and expected government policies and regulations, including taxes and regulations set in place within the United States. There are many regulations and government policies that will come into play in the years to come for technology and those involved. There will be negative and positive externalities involved, issues that will need to be adjusted to, for example new companies entering the market, globalization that will affect price and price sustainability of profit and different types of mergers. Taxes reduce the output and raises prices, this alone might have an adverse effect on the consumer. (Wireless Telecommunication , n.d.). Producers might be able to pass on the tax to the consumer if the demand of the good is inelastic and as the end results the tax many only have a marginal effect in reducing the demand and finial output of the amount of cell phones that’s produce each day Taxes and Regulation The average wireless consumer now pays more than 17% in combined state, local and federal wireless taxes and fees. That’s more than double the average sales tax rate of about 7% paid on other goods or services. In fact, wireless consumers in 46 states and the District of Columbia pay more in wireless taxes and fees than they do general sales tax. Wireless taxes continue to rise. Over the past decade, wireless...
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...1. Pre-marketing control- Entails regulating industrialized organizations, product quality, and advertising before product-launch to the market. In each case, compliance is required with the relevant legislation and regulations. In addition, pre-market approval (PMA) is the FDA process of scientific and regulatory review to evaluate the safety and effectiveness of Class III medical devices. Class III devices are those that support or sustain human life, are of substantial importance in preventing impairment of human health, or which present a potential, unreasonable risk of illness or injury. Due to the level of risk associated with Class III devices, FDA has determined that general and special controls alone are insufficient to assure the safety and effectiveness of class III devices. Therefore, these devices require a premarket approval. (FDA U.S. Food and Drug Administration, 2013). 2. Post-marketing control- According to "FDA U.S. Food and Drug Administration" (2013), Post-market surveillance is an assortment of processes and activities the FDA uses to screen the safety and efficiency of medical devices once they are on the market. These actions are designed to produce information to rapidly identify below par performing devices and other safety glitches, precisely characterize real-world device performance, clinical outcomes, and facilitate the development of new devices, or new uses for existing devices. 3. Consumer Education- According to "Direct-To-Consumers...
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...To often we are approached while waiting at a traffic light by some unfortunate homeless person walking from car to car in hopes of a quarter or if lucky, a dollar. Most roll their windows up and lock the car doors, turn their heads and ignore the fact this person is asking for help. The homeless population in America is growing. There are four main areas that may cause homelessness; poor families unable to afford rent, substance abusers, deinstitutionalized mental patients and runaways (Rogers, 1990). The current regulations and standards are working to improve homelessness, but surely, as the homeless situation continues to grow these legislative acts will need new acts to be introduced to meet the needs of this population. Affordable housing is becoming a desperate need for this population. According to the United States Census of 2010, about 34% of our population is homeless ("United States Censes 2010", 2011). This is a staggering number. Although some of the people are substance abusers or mentally ill, the larger part of this population is homeless because of low income jobs, unemployment, and the lack of affordable housing. These are families with children to feed and may suddenly find themselves in the street, with nothing. The Universal Declaration of Human Rights, in which the United States is signatory, states housing, is a fundamental human right (Head, n.d.). Many politicians, unfortunately, look at the homeless person as property value or public image...
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...Examining Government Regulations Student Name HSM/210 Date Instructor Name Living with any type of disability can be difficult; however, the deaf population in America faces a unique challenge when trying to pursue the American dream: finding a job. Upon researching contemporary problems within the United States, it was discovered that gaining and keeping employment among the estimated one million functionally deaf individuals in America is one of the larger problems that the deaf community faces. The reason that this is such a large obstacle is that communication within a workplace is vital to ensuring successful completion of tasks and accomplishing goals. Programs have been put in place, and legislative measures have been introduced, to assist these individuals in not only gaining employment, but also in maintaining a healthy and happy work environment that can lead to career longevity. The first step to ensuring open channels of communication among both the deaf and hearing communities is to form a standard of education. After Arizona entered the Union in February of 1912, one of its first state legislatures enacted a provision to form the Arizona Schools for the Deaf and Blind (Arizona State Schools for the Deaf and the Blind, 2011). Starting classes in October of that year with just 19 children with hearing loss, the school continued to grow over the years to eventually become a public corporation. This school has many services for eligible students; including...
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...Examining Government Regulations The American Disabilities Act (ADA) was passed by Congress and signed into law by President George H. Bush on July 26, 1990 to protect the civil rights of disabled individuals in regards to their employment, public transportation, and access to public establishments (National Institute on Disability and Rehabilitation Research, 2012). In regards to employment for individuals living with disabilities, the ADA outlines regulations and laws that are to be followed by potential employers. One of the regulations states that potential employers may not discriminate against an applicant based on a disability of a potential employee. This regulation is enforced by the U.S. Equal Employment Oppurtunity Commision. These regulations have significant impact on persons living with a disability. Until the Amercian Disabilities Act took affect, persons with disabilities had no recourse for discrimination. Employers could refuse to hire a qualified individual based on the presence of a disability or the employer perceiving the applicant of having a disability. Potential employers could also deny a disabled applicant a position based on not being able to accomadate their disbabilty. With the ADA, employers are responsible for providing reasonable accomadations to a qualified applicant in order for them to properly perform their job responsibilities (The ADA: Your Employment Rights as an Individual With a Disability, 2005). These accomadations include...
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...Can the Government regulate who can and cannot marry? Can the government regulate who can and cannot marry ? Tony E. Moore Sr. Government 2302 April 24, 2012 The question is “Should the Government regulate who can and cannot marry?” the belief is we are discussing gay marriage or domestic partnerships. This is an important topic because it is one that will more than likely be debated for many years to come and is probably going to be a heavy topic in the upcoming presidential election. Devoid of any connotations of hate, homophobia, or other such negative motivations. I believe that there are, in fact, legitimate, substantive reasons as to why gay marriage should not be legalized. Many arguments point at the realization that the children raised in a same sex household will be surrounded by hate due to the fact that the parents will experience homophobia. The children will experience homophobia as well because it will trickle down to them in many social settings such as school. (Connor) Another argument is that same sex couples cannot bring children into the world by themselves. The bible teaches procreation, between Adam and Eve not Adam and Steve (KJV) in a homosexual relationship this is not possible therefore the couple must go outside of their marriage in order to procreate which leads to yet another problem monogamy. (Human rights)There...
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...Government Intervention and Internet Regulation Internet is a global network that connects millions of computers together and allows people to communicate and share information with each other in an effective and easy way. It has become the most widely used means of communications of recent times. “The number of U.S. homes with one or more personal computers increased by 16% (in 1995) to about 38 million households, up from 33 million in 1994 and 25 million in 1993” (Fox 9). “Along with that staggering stat, the National Commission on Libraries and Information Science has reported that 95% of the public has access to the Internet” (“Free Essay”). Internet is filled with a lot of information on almost every topic in the world and anyone can access that information anytime he or she wants and most often that information is available for free. The very fact that everything is so easily available over the internet has become a cause of great concern because people can access information that they are not supposed to view. This has given the rise to a great debate over the use internet regulation versus the concept of net neutrality. “Internet regulation is basically restricting or controlling access to certain aspects or information” (“Internet Regulation”). The proponents of regulation argue that some form of government intervention is necessary to keep a check on the information people access over the internet because that information might be a source of harm for the society...
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...Running Head: GOVERNMENT REGULATION IN THE ACCOUNTING INDUSTRY Government Regulation in the Accounting Industry Rebecca Gregory Kaplan University Outline Introduction Securities Acts of 1933 and 1934 • Brief History of the Securities Act of 1933 • Objectives of the Securities Act of 1933 • Summary of the Securities Act of 1933 • Necessity of the Securities Act of 1934 • Summary of the Securities Act of 1934 • Peat Marwick Fraud/Scandal The Foreign Corrupt Practices Act of 1977 • Brief History of the Foreign Corrupt Practices Act of 1977 • Summary of the Foreign Corrupt Practices Act of 1977 • Kellogg Brown & Root LLC Fraud/Scandal Sarbanes Oxley Act (SOX) • The Purpose of SOX • Summary of SOX • US Bank of Seattle Fraud/Scandal Conclusion Government Regulation in the Accounting Industry The Great Depression and the Crash of 1929 led the United States into the beginning of new regulations. The first of these regulations was the Securities Act of 1933, which had a goal of prohibiting deceit, misrepresentation, and fraud in the sale of securities. The abusive practices of many banks and Wall Street firms resulted in the creation of the Securities and Exchange Commission (SEC) in 1934. It was established by The Securities Act of 1934 and gave the SEC power to monitor the sale of securities in the U.S. As a result of SEC investigations in the 1970's, it was discovered that many businesses were making payments to foreign officials for the purpose...
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...Unit 3 Research Paper Government Regulation and Corporate America Kaplan University Online All companies in the United States have to abide by many rules and regulations set in place by our government. It seems as if there are so many if you are just learning about them but once you know and understand them, they all make sense and seem logical. If we had less regulation, there would be more people committing fraud and getting away with it. There are plenty of regulations in place right now and no more are needed unless people are continuing to abuse the system and new ones need put into place. As long as everyone continues to do their job properly, there is no need for any more government regulation. Securities Acts of 1933 and 1934 The Securities Acts of 1933 and 1934 ensure that companies are not misleading in their financial statements that investors base their opinions on. If an investor sees any financial statement to a company, and believes they are in good shape and that they should invest in that company, the company is held liable for any loss the incur. The Securities Act of 1933 requires that before selling securities publicly, a company must register them first. Companies must go through the Securities Exchange Commission and file a registration statement. When they file, they must include their audited financial statements (Beatty & Samuelson, 2010). After this is done, a company may offer their securities on a public market for investors which may include...
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