About This Chapter
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
|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.|
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 108: Business Ethics course
- Introduction to Business Ethics
- Employees, Stockholders, & Corporate Governance
- Management in Organizations
- The Relationship Between Business, Government & Society
- Public Relations for Business
- Diversity in the Workforce
- Business-Government Relations
- Business' Influence on the Political Environment
- The Executive Branch of Government: Composition & Roles
- Antitrust Laws in Business
- Corporate Social Responsibility & Citizenship
- Business & the Community
- The Media's Impact on Business
- Consumer Rights & Regulations
- Ethics in Advertising
- Strategies of Special Interest Groups
- Technology, Business, & Society
- Environmental Issues in Business
- The Global Business Environment
- International Trade & Business Law
- Studying for Business 108