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200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 Environmental Protection and Workplace Diversity Job Safety & Employee Wellness Roles of Government Regulation Gov’t Assistance & Revenue
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The duty of a business to contribute to the well-being of a community
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What is Social Responsibility
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Saving scarce natural resources.
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What is Conservation
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A natural resource that cannot be replaced once used up.
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What is a non-renewable resource
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The government agency that protects the environment by setting safety standards.
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What is the EPA (Environmental Protection Agency)
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The 2 government legislative acts that have been implemented to protect against discrimination in the workplace
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What is the ADA (American Disabilities Act) & the ADEA (Age Discrimination in Employment Act)
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The government agency that sets, regulates, & enforces safety standards.
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What is OSHA (Occupational Safety and Health Administration)
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Snap-On Tools, Construction Workers, and fire fighters have specific safety issued clothing, list these items:
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What are steel-toe boots, hard hats/colored vests, uniforms with flame resistant materials/masks/oxygen/helmets
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Enhanced company image, reduced needs for government actions, and improved quality of life in a community.
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What are benefits of a social responsible business
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List 3 programs that companies offer to there employees to enhance their employee wellness.
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What are sport teams, stop- smoking seminars, counseling for employees with drug/alcohol abuse, membership to local gyms, weight loss sessions.
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Spending money on repairs, purchasing safer equipment, & on wellness programs.
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What are the costs of being a socially responsible organization.
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Local, State & Federal
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What are the 3 levels of government?
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Regulating business actions in more than one state.
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What is INTERstate Commerce?
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Regulating commerce within a state’s own borders.
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What is INTRAstate commerce
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Patents, copyrights, & trademarks
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What are Intellectual Property Rights?
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Providing services, protection, regulating utilities, providing info, buying G &S, hiring employees, & raising revenue.
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What are the 7 roles of government
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An organization that supplies a service or a product vital to all people.
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What is a public utility?
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Prevention of unfair business practices, monopolies, & fairness in the business industry.
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What are anti-trust laws?
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Setting safety standards for buildings, machines, and chemicals; government inspections for these standards.
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What is OSHA?
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An agreement to exchange goods or services for something of value, usually money.
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What is a contract?
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An agreement, competent parties, consideration & legality
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What are the 4 elements of a contract?
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New businesses can obtain government loans to help them get started through this establishment.
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What is the Small Business Administration (SBA)
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20%
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What is the total amount spent by the federal, state, & local government on G & S?
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Income tax, property tax, & sales tax.
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What are 3 sources of income gov’t collects from taxes?
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Taxes, borrowing, fines, & fees
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What are sources of revenue raised by government?
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Explain the difference between gov’t revenue & gov’t borrowing.
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What is paying back money that is borrowed ?
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