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Intro to Business Chapter 4 Social Responsibility of Business and Government
4-2 Government Protection Activities 4-3 Government Regulation and Assistance
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4-1 Social Responsibility
Conservation, pollution; monitored by EPA Women, ethnic groups, physically challenged, older workers Monitored by OSHA Seminars, wellness programs, weight-loss programs, sports team
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4-1 Social Responsibility
Benefits Costs (Money for:)
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4-1 Social Responsibility
Business Ethics Terms Ethics – Business Ethics – Code of Ethics – Conflict of Interest –
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4-2 Government Protection and Activities
Roles of Government Provide services to _________ ________ citizens Regulate _______ and promote _________ Provide _____ and ______ to businesses Buy ______ and _______ Hire ______ employees Raise ________
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4-2 Government Protection and Activities
Levels of Government Federal Regulates foreign and interstate commerce – State Regulates intrastate commerce – Local
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4-2 Government Protection and Activities
Government Protection Activities Safety monitoring Discrimination laws Contract –
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4-2 Government Protection and Activities
Protection of Intellectual Property Patents – Copyrights – Trademarks –
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4-3 Govt. Regulation and Assistance
Regulatory Activities Regulation of Public Utilities Public utilities - Prevention of Unfair Business Practices Promotes fair competition Limits monopolies – Passage of antitrust laws –
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4-3 Govt. Regulation and Assistance
Government Assists Business Census, Bureau of Labor Statistics (BLS), Small Business Administration (SBA) 20% of all U.S. purchases made of federal, state, and local governments 16% of U.S. workforce are public employees
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4-3 Govt. Regulation and Assistance
Government Raises Money (Revenue) Taxes Borrowing Miscellaneous Sources
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