****************** Chapter 4 Maintaining Good Government Relations and Business Ethics...

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Transcript of ****************** Chapter 4 Maintaining Good Government Relations and Business Ethics...

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Chapter 4Chapter 4

Maintaining Good Maintaining Good Government Relations Government Relations and Business Ethicsand Business Ethics

McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.

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Maintaining Good GovernmentRelations And Business Ethics

Legal System & Basic LawsLegal System & Basic LawsRole Of Government AssistanceRole Of Government AssistanceGovernment Regulations & Government Regulations & PaperworkPaperworkChoosing A LawyerChoosing A LawyerEthical & Socially ResponsibleEthical & Socially Responsible

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McGraw-Hill/Irwin

Legal Legal TerminologyTerminology

LawLawStatutoryStatutoryCommonCommon

Interstate Interstate Commerce ClauseCommerce ClausePolice PowerPolice PowerDue ProcessDue Process

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Government BranchesGovernment Branches

LegislativeLegislative

ExecutiveExecutive

JudicialJudicialHisham F. Ibrahim/Getty Images

PhotoLink/Getty Images

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Types Of LawTypes Of Law

PublicPublic

CriminalCriminal

PrivatePrivate

CivilCivil

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UniformUniformCommercial CodeCommercial Code

General General ProvisionsProvisions

SalesSales Commercial Commercial

PaperPaper Bank Deposits Bank Deposits

& Collections& Collections

Letters Of Letters Of CreditCredit

Bulk TransfersBulk Transfers Documents Of Documents Of

TitleTitle Investment Investment

SecuritiesSecurities Secured Secured

TransactionsTransactions

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TortTort“…“…a wrongful act by one a wrongful act by one

party, not covered by party, not covered by criminal law, that results criminal law, that results

in injury to a second in injury to a second party’s person, property, party’s person, property, or reputation, for which or reputation, for which the first party is liable.”the first party is liable.”

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Tort LawTort LawProvides Means For Provides Means For

CompensationCompensation

Laws Deal WithLaws Deal With Duties & CompensationDuties & Compensation

Faulty Products Or Actions Of Faulty Products Or Actions Of OthersOthers

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BankruptcyBankruptcy

“…“…a formal legal condition a formal legal condition of inability to repay of inability to repay

debts. People or debts. People or businesses can petition businesses can petition the courts to be relieved the courts to be relieved

of the financial of the financial obligation.”obligation.”

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Types Of BankruptcyTypes Of BankruptcyChapter 7 – Personal, Chapter 7 – Personal,

Ordinary/StraightOrdinary/Straight

Chapter 11 – Chapter 11 – ReorganizationReorganization

Chapter 13 – Business, Chapter 13 – Business, Ordinary/StraightOrdinary/Straight

Ryan McVay/Getty Images

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GovernmentGovernmentHelp- Small BusinessHelp- Small Business+Small Business Small Business

Administration- Administration- www.sba.govwww.sba.gov

+Service Corps Of Service Corps Of Retired Executives – Retired Executives – www.score.orgwww.score.org

+Small Business Development Small Business Development CentersCenters

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Department Of CommerceDepartment Of Commerce

International Trade International Trade AdministrationAdministration

U.S. & Foreign U.S. & Foreign Commercial Service Commercial Service Agency Agency

Minority Business Minority Business Development AgencyDevelopment Agency

U.S. Census BureauU.S. Census Bureau

Jason Reed/Getty Images

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Department Of AgricultureDepartment Of Agriculture

Cooperative Extension ServiceCooperative Extension Service

Federal Land Bank Federal Land Bank

AssociationAssociation

Production Credit AssociationProduction Credit Association

Farmers Home AdministrationFarmers Home Administration

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GovernmentGovernmentRegulations & PaperworkRegulations & Paperwork

Dealing With Regulatory AgenciesDealing With Regulatory Agencies

Benefits Of Government Benefits Of Government RegulationRegulation

Problems With Government Problems With Government RegulationRegulationDifficulty UnderstandingDifficulty UnderstandingEnormous Amount Of PaperworkEnormous Amount Of PaperworkDifficulty/Cost Of ComplianceDifficulty/Cost Of ComplianceDiscourages Firms From HiringDiscourages Firms From Hiring

PhotoLink/Getty Images

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Laws & EmployeeLaws & EmployeeNumber For ComplianceNumber For Compliance

LawLaw Employee Employee ##

Occupational Safety & Occupational Safety & Health ActHealth Act 1010

Federal Civil Rights LawsFederal Civil Rights Laws 15+15+Americans WithAmericans With

Disabilities ActDisabilities Act 1515Family Medical Leave ActFamily Medical Leave Act 5050Worker Adjustment & Worker Adjustment &

Retraining ActRetraining Act 100 100

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Coping WithCoping WithGovernment RegulationsGovernment Regulations

LearnLearnChallengeChallengeGet InvolvedGet InvolvedBetter EnvironmentBetter EnvironmentLive With ItLive With ItPrivate RegulationsPrivate Regulations

Jack Hollingsworth/Getty Images

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Choosing LawyerChoosing Lawyer

EducationEducation

Knowledge Of Knowledge Of Law Law

See Big PictureSee Big Picture

Weigh AlternativesWeigh AlternativesPhotoLink/Getty Images

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Where To Look For LawyerWhere To Look For Lawyer

Personal ReferralPersonal Referral

Martindale-Hubbell Martindale-Hubbell

Law DirectoryLaw Directory

Lawyer Referral & Information Lawyer Referral & Information

ServicesServices

AdvertisingAdvertising

Scott T. Baxter/Getty Images

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What To Look For In LawyerWhat To Look For In Lawyer

Experience In Your Type Experience In Your Type Of BusinessOf Business

CompatibilityCompatibilityAvailabilityAvailabilityCostCost

Royalty-Free/CORBIS

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Lawyer ServicesLawyer ServicesSample ContractSample Contract

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Social ResponsibilitySocial Responsibility

“…“…a business’s a business’s obligation to follow obligation to follow

desirable courses of desirable courses of action in terms of action in terms of

society’s values and society’s values and objectives.”objectives.”

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Business FormsBusiness FormsOf Social ResponsibilityOf Social Responsibility

1.1. ConsumerismConsumerism

2.2. Employee Employee RelationsRelations

3.3. Environmental Environmental ProtectionProtection

4.4. Community Community RelationsRelations

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Environmental ProtectionEnvironmental Protection

Balance Between Balance Between People & EnvironmentPeople & Environment

Pollution Pollution ControlControl

ConservationConservation

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Community RelationsCommunity Relations

Educational/Medical Educational/Medical AssistanceAssistanceUrban Development/ Urban Development/

Renewal RenewalArts, Culture, & Arts, Culture, &

Recreation Recreation Alden/PhotoLink/Getty Images

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Business EthicsBusiness Ethics

“…“…the standards the standards used to judge the used to judge the

rightness or rightness or wrongness of a wrongness of a

business’s relations business’s relations to others.”to others.”

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Youth Question EthicsYouth Question Ethics

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Personal Ethics PointsPersonal Ethics Points

Control Your Control Your Attitude Attitude

Control Your Control Your AssociationsAssociations

Control Your Control Your DisciplineDiscipline

Work On YourselfWork On Yourself

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““Four Way Test” Of SelfFour Way Test” Of Self

1)1)Truth?Truth?

2)2)Fair To All?Fair To All?

3)3)Build Goodwill?Build Goodwill?

4)4)Beneficial To All?Beneficial To All?

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Federal SentencingFederal SentencingGuidelines For OrganizationsGuidelines For Organizations

Clear StandardsClear Standards

Ethics TrainingEthics Training

Reporting SystemReporting System

Track Record For DisciplineTrack Record For Discipline

S. Meltzer/PhotoLink/Getty Images