Ch 8: Government Regulation on Business

About This Chapter

Watch video lessons on government regulation on business and learn about federal regulatory agencies, rule making, regulation types and more. Use the self-assessment quizzes to test your knowledge of the material.

Government Regulation on Business - Chapter Summary and Learning Objectives

Discover the authority held by the government to regulate businesses in this chapter, which introduces you to the major U.S. federal regulatory agencies, the federal registrar and regulatory impact analysis. You'll learn about the stages of rule making and how businesses influence advisory panels and regulatory agencies. After watching these lessons, you'll be familiar with:

  • Authority held by federal regulatory agencies
  • Costs and benefits of business regulation
  • Enforcement of regulations
  • Differences between privatization and deregulation
  • Influential strategies of businesses

Video Objectives
Major U.S. Federal Regulatory Agencies in Business: Types, Functions & Authority Highlight the functions of different regulatory agencies. Describe their authority in enforcing regulation and identify who gives them this authority.
The Cost and Benefits of Regulation in Business Examine the costs and benefits of regulation for society and business.
The Role and Function of the Federal Register Discern the function of the federal registrar and how regulatory information is obtained.
Regulatory Impact Analysis: Purpose & Relationship to the Federal Register & Regulations.gov Describe the purpose of regulatory impact analysis and its connection to the Federal Register.
Stages of Rule Making: Congressional Oversight & Enforcement List the stages in the rule making process. Describe the role Congress plays in the review process and identify the ways regulations are enforced when they're made into rules.
Types of Regulation, Privatization, & Deregulation Differentiate between cross-subsidization, cost-of-service regulation, privatization and deregulation.
Business' Influence on Advisory Panels & Committees Discuss advisors' roles and reasons businesses serve on advisory panels and committees.
Business' Strategies for Influencing Congress and Regulatory Agencies Depict the differences in businesses' use of campaign contributions, lobbying, grassroots lobbying and testimony strategies to influence Congress and regulatory agencies.

8 Lessons in Chapter 8: Government Regulation on Business
Test your knowledge with a 30-question chapter practice test
Major U.S. Federal Regulatory Agencies in Business: Types, Functions & Authority

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.

The Cost and Benefits of Regulation in Business

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.

The Role and Function of the Federal Register

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.

Regulatory Impact Analysis: Purpose & Relationship to the Federal Register & Regulations.gov

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.

Stages of Rule Making: Congressional Oversight & Enforcement

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.

Types of Regulation, Privatization, & Deregulation

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.

Business' Influence on Advisory Panels & Committees

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.

Business Strategies for Influencing Congress & Regulatory Agencies

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.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 160 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Support