Environmental Protection and Workplace Diversity Job Safety & Employee Wellness Roles of Government Regulation Gov’t Assistance & Revenue
The duty of a business to contribute to the well-being of a community
What is Social Responsibility
Saving scarce natural resources.
What is Conservation
A natural resource that cannot be replaced once used up.
What is a non-renewable resource
The government agency that protects the environment by setting safety standards.
What is the EPA (Environmental Protection Agency)
The 2 government legislative acts that have been implemented to protect against discrimination in the workplace
What is the ADA (American Disabilities Act) & the ADEA (Age Discrimination in Employment Act)
The government agency that sets, regulates, & enforces safety standards.
What is OSHA (Occupational Safety and Health Administration)
Snap-On Tools, Construction Workers, and fire fighters have specific safety issued clothing, list these items:
What are steel-toe boots, hard hats/colored vests, uniforms with flame resistant materials/masks/oxygen/helmets
Enhanced company image, reduced needs for government actions, and improved quality of life in a community.
What are benefits of a social responsible business
List 3 programs that companies offer to there employees to enhance their employee wellness.
What are sport teams, stop- smoking seminars, counseling for employees with drug/alcohol abuse, membership to local gyms, weight loss sessions.
Spending money on repairs, purchasing safer equipment, & on wellness programs.
What are the costs of being a socially responsible organization.
Local, State & Federal
What are the 3 levels of government?
Regulating business actions in more than one state.
What is INTERstate Commerce?
Regulating commerce within a state’s own borders.
What is INTRAstate commerce
Patents, copyrights, & trademarks
What are Intellectual Property Rights?
Providing services, protection, regulating utilities, providing info, buying G &S, hiring employees, & raising revenue.
What are the 7 roles of government
An organization that supplies a service or a product vital to all people.
What is a public utility?
Prevention of unfair business practices, monopolies, & fairness in the business industry.
What are anti-trust laws?
Setting safety standards for buildings, machines, and chemicals; government inspections for these standards.
What is OSHA?
An agreement to exchange goods or services for something of value, usually money.
What is a contract?
An agreement, competent parties, consideration & legality
What are the 4 elements of a contract?
New businesses can obtain government loans to help them get started through this establishment.
What is the Small Business Administration (SBA)
20%
What is the total amount spent by the federal, state, & local government on G & S?
Income tax, property tax, & sales tax.
What are 3 sources of income gov’t collects from taxes?
Taxes, borrowing, fines, & fees
What are sources of revenue raised by government?
Explain the difference between gov’t revenue & gov’t borrowing.
What is paying back money that is borrowed ?