6 Legal & Ethical

203 views
129 views

Published on

Published in: Health & Medicine, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
203
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

6 Legal & Ethical

  1. 1. ANTI- Trust Laws – Set to avoid monopolies SHERMAN ACT – can’t get together with competitors to set prices CLAYTON ACT – states that it is illegal to require a customer to buy one good in order to get another… computer & software
  2. 2. ANTI- Trust Laws – Set to avoid monopolies ROBINSON-PATMAN ACT – makes it illegal to offer different prices to different groups of NON-RETAIL customers. You can charge different prices to groups of retail customers. WHEELER-LEA ACT – bans unfair or deceptive actions by businesses… false advertising, bait & switch, hiding negative features
  3. 3. Justice Department- Anti-Trust Division Stops Monopolies Federal Trade Commission- Sets most laws regarding fair competition Price Setting False Advertising Discrimination Product Misrepresentation
  4. 4. Patent – On a New Invention (20yrs) Copywrite- On a written work (70yrs after death) Trademark- On a Brand
  5. 5. Licenses – Beauty Salons, Bars, Fitness Centers Zoning Laws- Controls what can be built & where
  6. 6. Equal Employment Act – Bans Discrimination Americans with Disabilities Act (ADA)- If you have 15 employees, you must make accommodations Occupational Safety & Health Act (OSHA) Inspects so that each business is providing a safe environment Family Medical Leave Act Businesses with 50 employees must provide up to 3 months of unpaid leave if serious health condition occurs with employee, child, parent, or spouse AND Maternity/ Paternity Leave Fair Labor Standards Act Regulates Hours/ Overtime/ Minimum Wage
  7. 7. The Study of Choices & ValuesThe Study of Choices & Values Why Focus on Business Ethics?Why Focus on Business Ethics? 1. To do the right thing 2. To Serve as a Role Model 3. So you can be proud of what you do 4. Gains Trust of your Customers 5. Encourages Employees to act responsibly 6. Reduces the chance of being sued
  8. 8. Contribute MoneyContribute Money Donate Product / ServicesDonate Product / Services Get InvolvedGet Involved Respect the EnvironmentRespect the Environment Respect Employees & Their FamiliesRespect Employees & Their Families

×