What are the 4 things that Federal Agencies regulate?
Products, Employees, Environment, and Businesses
This agency is responsible for the fair and equitable treatment of employees with regard to hiring, firing and promotions.
What is the Equal Employment Opportunity Commission (EEOC)
This lets an employee work from home.
What is Telecommuting
Guidelines for good behaviors. It means knowing the difference between right and wrong.
What are ethics?
This agency regulates the labeling and safety of food, drugs and cosmetics.
What is the Food and Drug Administration (FDA)
This agency has the responsibility of enforcing the principles of a private enterprise system and protecting consumers from unfair or deceptive business practices.
What is the Federal Trade Commission (FTC)
This benefit is time off with pay for family issues that could be a large amount of time.
What is Extended Family Leave
This nonprofit organization that promotes self-regulation among businesses.
What is the Better Business Bureau (BBB)?
This agency was established in 1970 to protect human health and our environment.
What is the Environmental Protection Agency (EPA)
This federal agency regulates the sale of securities (stocks and bonds).
What is the Securities and Exchange Commission.
This benefit allows employees to choose their work hours.
What is Flextime
Pricing products unreasonably high when the need is great or when consumers do not have other choices.
What is price gouging?
This branch has the most impact on businesses because it makes the laws that businesses must follow.
What is The Legislative branch.
This agency sets guidelines for workplace safety and environmental concerns.
What is the Occupational Safety and Health Administration (OSHA)
How are the FDA and the CPSC alike?
They are both government agencies and protect consumers.
A nonprofit organization that helps produce public service advertising campaigns for government agencies and other qualifying groups.
What is the Ad Council?
Reporting an illegal action of one's employer.
What is whistle-blowing?
What are the 5 roles of US Government in the Private Enterprise System?
Service Provider and customer, Regulator, Enforcer of Free-Enterprise System, Monitor of the Economy, and Business Supporter.
This agency is responsible for overseeing the safety of products such as toys, electronics and household furniture.
What is the Consumer Product Safety Commission (CPSC)
Explain "green marketing."
When companies engage in the production and promotion of environmentally safe products.
Why is it important for businesses to be proactive about ethical practices?
When a corporate scandal or unethical behavior on the part of a business becomes known, consumers develop a very poor image of the company and may choose to take their business elsewhere.