Political & Legal
Cards (8)
- Main roles of business legislation-Regulate the rights and duties of people carrying out business in order to ensure fairness-Protect people dealing with business from harm caused by defective services-Ensure the treatment of employees is fair and un-discriminatory-Protect investors, creditors and consumers-Regulate dealings between business and its suppliers-Ensure a level playing field for competing business
- Employee Rights-Equal pay-Minimum wage-Discrimination-Employment rights-Industrial relations
- Consumer Protection-Goods fit their description-Must be a good quality-Goods are fit for the purpose specified
- Consumers Protection-Businesses may not use unfair commercial practices – e.g. misleading advertising-Customers have a right of return and full refund if goods /services do not comply with law-Services – Must be done at a reasonable price and by the time stated-Consumers have the right to a “cooling off period”-Distance selling regulations provide further protection for consumers against online businesses
- Environmental Protection-Emissions into the air-Storing and handling hazardous substances-Storage, disposal & recovery of business waste-Storing and handling hazardous substances-Packaging-Discharges of wastewater
- Competition Laws-Wider consumer choice in markets for goods and services-Encouraging and protecting innovation-Effective price competition between suppliers-Investigating allegations of anti-competitive behaviour within markets which might have a negative effect on consumers
- Health & Safety Legislation-Employees working at the business premises, from home, or at another site-Visitors to the premises such as customers or subcontractors the business is working, such as a construction site-Members of the public - even if they're outside the business premises-Anyone affected by products and services the business designs, produces or supplies
- Examples of health & safety-Food processing (hygiene)-Hotels (guest safety, hygiene)-Chemical production (dangerous processes, waste disposal)-Air travel (passenger safety)-Tour operators (holidaymaker safety)