2.5 Legislation

Cards (68)

  • Consumer Protection legislation ensures products meet quality standards
  • Why must businesses adhere to business legislation?
    To avoid legal action
  • What is the primary goal of Consumer Protection laws?
    Build customer trust
  • What does the term "legislation" refer to in the context of business?
    Laws and regulations
  • Match the legislation area with its description:
    Employment Law ↔️ Relationship between employers and employees
    Health & Safety ↔️ Ensures safe working conditions
    Consumer Protection ↔️ Protects consumer rights
    Environmental Regulations ↔️ Reduces environmental impact
  • Health & Safety regulations reduce accidents and absenteeism in the workplace.

    True
  • What do Consumer Protection Laws ensure regarding product quality?
    Quality and safety
  • What is one benefit of treating customers fairly under Consumer Protection Laws?
    Greater customer loyalty
  • What is one benefit of complying with Health & Safety regulations?
    Reduced legal penalties
  • Consumer Protection Laws safeguard the rights of consumers
  • Health and Safety Regulations require companies to maintain safe working conditions for employees.
  • Under Health and Safety Regulations, workplace accidents or injuries must be properly documented and reported.
  • What do Environmental Regulations on waste disposal ensure?
    Proper handling, storage, disposal
  • What is one key area covered by Employment Law?
    Discrimination
  • What are three benefits of complying with Employment Law?
    Fair treatment, boost morale, reduce legal risks
  • What is the primary purpose of business legislation?
    To operate legally
  • Consumer Protection laws include advertising standards and product safety regulations.

    True
  • Match the type of business legislation with its description:
    Employment Law ↔️ Governs employer-employee relationships
    Health & Safety ↔️ Ensures safe working environments
    Consumer Protection ↔️ Protects consumer rights
    Environmental Regulations ↔️ Reduces environmental impact
  • What is the primary goal of Environmental Regulations?
    Avoid environmental fines
  • Consumer Protection Laws require businesses to use truthful advertising claims.

    True
  • Adhering to Consumer Protection Laws reduces the risk of costly legal disputes.

    True
  • Match the area of Consumer Protection Laws with its impact:
    Product Quality ↔️ Ensures safety and standards
    Advertising ↔️ Requires truthfulness in claims
  • Consumer Protection Laws mandate that advertising is truthful and not misleading.

    True
  • Businesses must identify and mitigate workplace hazards as part of Health and Safety Regulations.
    True
  • What are three benefits of complying with Health and Safety Regulations?
    Protect employees, boost productivity, avoid legal penalties
  • Adhering to Environmental Regulations helps businesses avoid penalties and enhances their reputation.

    True
  • Minimum wage laws set a minimum hourly rate that must be paid to employees.
    True
  • Business Legislation includes laws and regulations that businesses must follow to operate legally.

    True
  • Employment Law includes regulations on minimum wage, working hours, and discrimination
  • What is the primary focus of Environmental Regulations?
    Reducing environmental impact
  • What are the benefits of complying with Employment Law?
    Ensures fair treatment of staff
  • Businesses must understand and adhere to relevant legislation to avoid legal penalties.

    True
  • Match the compliance area with its benefit:
    Protect Employees ↔️ Reduces workplace accidents
    Boost Productivity ↔️ Less absenteeism from injuries
    Avoid Legal Penalties ↔️ Compliance with safety laws
  • Environmental Regulations set limits on air pollutants, greenhouse gas emissions, and other industrial discharges
  • Businesses must understand and adhere to environmental legislation to operate legally and avoid penalties
    True
  • Adhering to environmental legislation is optional for businesses seeking sustainability goals
    False
  • Laws prohibiting discrimination in hiring and promotion foster an inclusive work environment
    True
  • Steps to ensure compliance with competition law
    1️⃣ Avoid monopolies
    2️⃣ Regulate mergers
    3️⃣ Prohibit cartels
    4️⃣ Restrict anti-competitive behavior
  • Compliance with tax regulations can help businesses avoid costly penalties
  • Employee Protection legislation aims to reduce turnover and enhance company image.

    True