About This Chapter
Below is a sample breakdown of the Government Regulation on Business chapter into a 5-day school week. Based on the pace of your course, you may need to adapt the lesson plan to fit your needs.
|Day||Topics||Key Terms and Concepts Covered|
|Monday||U.S. regulatory agencies in business;|
Costs and benefits of business regulations
|Names of regulatory agencies, what they do;|
Examples of how various industries are impacted by regulation
|Tuesday|| The Federal Register;|
Regulatory impact analysis
|Definition of the Federal Register, process of obtaining regulatory information;|
Relationship of the Federal Register, regulations.gov and regulatory impact analysis
|Wednesday|| The rule making process;|
Types of regulation, privatization and deregulation
|How rules are formulated, including the role of Congress;|
Differences and similarities among cross-subsidization, cost-of-service regulation, privatization and deregulation
|Thursday||Advisory panels||How businesses influence government advisory panels and committees|
|Friday||Business strategies for influencing Congress and regulatory agencies||Ways businesses attempt to sway Congress, such as through lobbying, campaign contributions and testimony before committees|
1. Major U.S. Federal Regulatory Agencies in Business: Types, Functions & Authority
In order to ensure that U.S. corporations are maintaining ethical business practices, the federal government has established regulatory agencies to protect employees, customers and the general public. This lesson explores major regulatory agencies and their functions.
2. The Cost and Benefits of Regulation in Business
Regulation is often seen as a negative by most American businesses. In this lesson, you will learn both the costs and benefits of regulation in the corporate world.
3. The Role and Function of the Federal Register
The role and function of the Federal Register is important to businesses so they may understand how federal regulations are proposed, reviewed, and approved as a final regulation process. In this lesson, learn what the Federal Register is and how it is used.
4. Regulatory Impact Analysis: Purpose & Relationship to the Federal Register & Regulations.gov
In this lesson, you will learn about a regulatory impact analysis and how it is essential for all proposed regulations. Each analysis is accessible through the federal register and regulations.gov.
5. Stages of Rule Making: Congressional Oversight & Enforcement
Federal regulatory agencies are the creators behind the regulations of a congressional law. In this lesson, you will learn the stages of rule making and how Congress oversees the final dispersal of the regulation.
6. Types of Regulation, Privatization, & Deregulation
Government can monitor, control and manage business through different types of regulation. In this lesson, you will learn about the two specific categories of regulation and how privatization and deregulation impacts business.
7. Business' Influence on Advisory Panels & Committees
Business' influence on advisory panels and committees help determine whether proposed regulations are viable or need changes. In addition, there are additional benefits that businesses acquire when offering support to Congress on regulations.
8. Business Strategies for Influencing Congress & Regulatory Agencies
In this lesson, you will learn business' strategies for influencing Congress and regulatory agencies are campaign contributions, lobbying and grassroots lobbying.
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Other chapters within the Business Ethics Syllabus Resource & Lesson Plans course
- Business Ethics Overview: Lesson Plans
- Employees, Stockholders, & Corporate Governance: Lesson Plans
- Management in Organizations: Lesson Plans
- Business, Government & Society: Lesson Plans
- Public Relations for Business: Lesson Plans
- Diversity in the Workforce: Lesson Plans
- The United States Government: Lesson Plans
- Business-Government Relations: Lesson Plans
- Political Parties & Lawmaking: Lesson Plans
- Business & the Political Environment: Lesson Plans
- Composition & Roles of the Executive Branch: Lesson Plans
- The Federal Judicial Branch: Lesson Plans
- Antitrust Laws in Business: Lesson Plans
- Corporate Social Responsibility & Citizenship: Lesson Plans
- Business & the Community: Lesson Plans
- The Media's Impact on Business: Lesson Plans
- Consumer Rights & Regulations: Lesson Plans
- Ethics in Advertising: Lesson Plans
- Strategies of Special Interest Groups: Lesson Plans
- Technology, Business, & Society: Lesson Plans
- Environmental Issues in Business: Lesson Plans
- The Global Business Environment: Lesson Plans
- International Trade & Business Law: Lesson Plans