Entrepreneurship-Handling Government regulations

• Entrepreneurship
• Secondary Education

Does government interfere with the affairs of the business?

Chapter 8.2: Handling Government Regulations

Pages 180-189

Objectives

Classify the laws that affect employees.

Discuss the situations of people affected by a business.

Evaluate the given statement.

Facts

Laws and regulations affect business owners’ relationships with employees, other businesses, and customers. They are designed to protect these groups from unfair, unsafe, or unhealthy business practices.When you start a business, you usually hire employees. Many laws affect the hiring, firing, and paying of employees. They are designed to protect employees in the workplace.

Imagine you have joined a new job.You would like to know about the laws that protect an employee. You can research and find the laws that protect employees in your country.

What would happen if these laws were not in place?

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How do you think laws and regulations protect employees, other businesses, customers, and the general public from unfair, unsafe, or unhealthy business
practices. Share an incident when you or someone you know was harmed by the business practice. What occurred and what was the
outcome?

What is the right of an employee to sue his or
her employer for damages in the event that he or she is terminated for an unacceptable reason?

1. Equal Employment Opportunity commission
2. Resignation
3. Wrongful termination
4. Termination

__________ must maintain health and safety records and provide safety training.

1. OSHA
2. Employees
3. Businessmen
4. Employers

Laws for employees

Laws Against Discrimination in Hiring

Child Labor Law

Laws Against Wrongful Termination

Sexual Harassment  

Family Medical Leave Act

Laws Requiring Equal Pay for Equal Work

Laws Requiring Fair Labor Standards

Laws Requiring Workplace Safety and Health

Government regulations

A law that controls the way that a business can operate, or all of these laws considered together:

Complete the given statement and comment on it and give reasons for your answer.Government regulations do not only protect consumers, they also protect ____________.

Do you think it is too much,
too little, or just enough government regulation in
business? Do you think government regulation has
a positive or negative impact on consumers in this
country?

What are the main points learnt about government regulations?