Circulatory Shock, types and stages, compensatory mechanisms
6 Legal & Ethical
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. 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
4. Patent – On a New Invention (20yrs)
Copywrite- On a written work (70yrs after death)
Trademark- On a Brand
5. Licenses – Beauty Salons, Bars, Fitness Centers
Zoning Laws- Controls what can be built & where
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. 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. Contribute MoneyContribute Money
Donate Product / ServicesDonate Product / Services
Get InvolvedGet Involved
Respect the EnvironmentRespect the Environment
Respect Employees & Their FamiliesRespect Employees & Their Families
