society by their activities. It is a two-way process. See, for example this article on discrimination in the workplace: http://news.bbc.co.uk/1/hi/business/1605029.stm Some of the ways in which businesses affect society are negative, and usually governments limit these activities by law. For example, some business activities damage the environment. In addition, there are ethical constraints set by the wider expectations of society. For example, it is legal to sack workers for some actions (eg ignoring
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compromised, that's justification for concerns. With on-line activities and communications on the rise, consumers need to be aware of what they are consenting to with the aide of government regulations. In the following paragraphs, we'll discuss consumer concerns, possible fixes to these issues and explain why further regulations are needed. Consumer awareness is very important. The majority of the time, consumers just click accept when gaining access to sites on-line. According to Meinert, Peterson
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and federal laws and regulations to reduce regulation and tort liability. A business must protect its assets, earnings, and good name. A company must have a plan in place to reduce and eliminate fines, penalties, and tort liability. The business must have a preventive plan in place to address regulation compliance and tort liability (Dore, 2008). Preventative, detective, and corrective measures The preventive plan should include measures to know and understand regulations and liability torts the
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Chapter 18 The federal government regulates labels, warranties, and consumer products. Without government regulation, what abuses are likely to occur? The abuses that are likely to occur without government regulation are more illnesses, deaths and allergic reactions from not knowing what is in the product. If companies were not regulated by the government then you would have mislabeling. By this I mean you could have items that are marked low fat or low sodium when that is not the case. They
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Case #1 - Filter Innovations Inc. Critical Issues 1.) How to comply with government regulations so that FII can sustain their corporate goals and vision of being an innovative leader within their industry. 2.) How to effectively brand FII with the MBR technology within the scope of their current market so that they can sustain their existing customer centric competitive advantage. 3.) FII is behind innovation due to managerial decision of only allocation 5% of EBIT towards R&D
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businesses often reduce the cost of risk and liability and result in business opportunities (Melvin, 2011, Pg. 7). There are many regulations that businesses have to follow, such as environmental regulations (The Clean Air Act, The Clean Water Act, The Safe Drinking Water Act, The Pollution Prevention Act, ect.) (“All Businesses”, 2009). It is evident that some regulations are put in place to protect the environment, while others are put in place to protect citizens or businesses them self. There
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1. Introduction The telecommunications sector in Malaysia has undergone significant physical and structural transformation in the past fifteen years. Between 1985 and 2000, the country’s telephone penetration rate rose by 540 per cent. Equally importantly, privatization and liberalization of the sector in the 1980s ushered in an era of regulatory reforms and competition in the sector. The market structure as well as the regulatory framework and institutions for the telecommunications sector
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visiting the country you need to be well aware of the culture differences and conform to the culture of the country you are visiting. There is one basic question associated with the pros and cons that needs to be answered. “How can firms and governments help to reduce the amount of resistance that might result from its implementation” (From instructions for week one assignment)? Key Words: Trading, Country, Laws, Pros, and Cons, Globalization Pros and Cons of Globalization Within this writing
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1. State the administrative agency that controls the regulation. Explain why this agency and your proposed regulation interest you (briefly). Will this proposed regulation affect you, or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox:
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6. Is government regulation affecting this sector? a) At the federal, state or local level? What specific policies effect this sector and how? b) How is the sector responding? Companies engaged in the design, production or distribution of products or services for the consumer discretionary sector are subject to the risk that their products or services may become outdated quickly. The consumer discretionary sector can be significantly affected by several factors, including, the performance of
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