Small business management 5e by byrd sbmchap017

Maintaining Good Government Relations And Business Ethics Legal System & Basic Laws  Role Of Government Assistance  Government Regulations &... “…a wrongful act by one party, not cov

Maintaining Good Government Relations And Business Ethics

 Legal System & Basic Laws

 Role Of Government Assistance

 Government Regulations &

Types Of Law

Public Criminal Private

Civil

Articles of Uniform Commercial Code

“…a wrongful act by one

party, not covered by criminal law, that results in injury to a second party’s

person, property, or reputation, for which the first

party is liable.”

Tort Law

Provides Means For Compensation

Laws Deal With

 Duties & Compensation

 Faulty Products Or Actions Of

Others

“…a formal legal condition of

inability to repay debts

People or businesses can petition the courts to be relieved of the financial

obligation.”

Government Small Business

 U.S Census Bureau

Jason Reed/Getty Images

Department Of Agriculture

Cooperative Extension Service

Federal Land Bank

Association

Production Credit Association

Farmers Home Administration

Laws & Employee Number For Compliance

 Family Medical Leave Act 50

 Worker Adjustment &

Retraining Act 100

Coping With Government Regulations

Choosing Lawyer

Education Knowledge Of Law

See Big Picture Weigh Alternatives

PhotoLink/Getty Images

Where To Look For Lawyer

What To Look For In Lawyer

 Experience In Your Type Of

Business

 Compatibility

 Availability

 Cost Royalty-Free/CORBIS

Sample Lawyer Services

Contract-Social Responsibility

“…a business’s obligation

to follow desirable courses of action in terms

of society’s values and

objectives.”

 Arts, Culture, &

Recreation S Alden/PhotoLink/Getty Images

Business Ethics

“…the standards used to

judge the rightness or

wrongness of a business’s relations to

others.”

Ethics Lapses In Workplace

Percent Of Employees Reporting Observation Of A Given Type Of Ethical Lapse

Youth Question Ethics

Personal Ethics Points

“Four Way Test” Of Self

1) Truth?

2) Fair To All?

3) Build Goodwill?

4) Beneficial To All?

Federal Sentencing Guidelines For Organizations

Clear Standards Ethics Training Reporting System Track Record For Discipline

S Meltzer/PhotoLink/Getty Images