About This Chapter
PLACE Marketing: Business Laws & Regulations Chapter Summary
Use this chapter's lessons to review the agencies, regulations and laws that govern the conduct of business in the United States. These videos will help you answer questions on the following subjects when you take the PLACE Marketing Education exam:
- Regulation, privatization and deregulation of businesses
- Federal regulatory agencies
- Pros and cons of business regulation
- Contract law vocabulary
- Product liability and consumer protection laws
- Employment law and employee discrimination
- Labor relations and human resource management
You can review these lessons as your schedule permits, watching on a computer or mobile device. The video tags allow you to easily return to a key topic you want to review. The videos are accompanied by a written transcript, so you can follow along with the instructor.
Objectives of the PLACE Marketing: Business Laws & Regulations Chapter
Colorado teachers seeking licensing in marketing education must pass the PLACE Marketing Education exam. There are three subareas on the exam. Questions on the material from the Business Laws and Regulations chapter are found within the Marketing subarea.
Like the quizzes that go with our video lessons, all questions on the PLACE exam are multiple choice, asking you to select the best answer from four options. The quizzes let you test your knowledge and see where additional practice is required.
1. 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.
2. 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.
3. 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.
4. 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.
5. Contract Law Terms: Definitions & Contract Types
A contract is an agreement between two or more parties to perform a service, provide a product or commit to an act and is enforceable by law. There are several types of contracts, and each have specific terms and conditions.
6. What Is Consumer Protection? - Product Liability, Laws & Rights
Consumer protection refers to the laws and other forms of government regulation designed to protect consumers. One form of consumer protection is product liability. This lesson explains consumer protection and product liability.
7. What is Employment Law? - An Introduction to Employment Law
Employment law is a broad area of the law. In general, this area governs the employer-employee relationship, but includes many subjects. This lesson will define and explain employment law.
8. Employment Discrimination: Definition and Laws
Employment discrimination occurs when a job applicant or employee is mistreated based on his or her race, national origin, gender, disability, religion, or age. This lesson defines employment discrimination and looks at Title VII of the Civil Rights Act of 1964.
9. What Is Workers' Compensation? - Laws and Purpose
Workers' compensation laws require insurance protection for people who are injured or become ill due to job requirements. These laws are designed to provide these disabled employees with fixed monetary awards and avoid litigation. This lesson explains workers' compensation.
10. Closed vs. Open Shops in Labor Relations & Impacts on Human Resource Management
Union membership is sometimes required for employment at a company, but it may also not be required. In this lesson, you'll learn about open shops, union shops and closed shops, including what they mean to a company's HR department.
11. Employer Restrictions and Rights in Unionizing Process & Collective Bargaining
Employees and employers have rights during unionization attempts and during the collective bargaining process. In this lesson, you'll learn about the rights of employers, as well as the restrictions to which they are subject, during these processes.
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Other chapters within the PLACE Marketing Education: Practice & Study Guide course
- PLACE Marketing: Internal Marketing Principles
- PLACE Marketing: External Marketing Principles
- PLACE Marketing: Product & Services Marketing
- PLACE Marketing: Pricing Objectives & Strategy
- PLACE Marketing: Basic Math Concepts
- PLACE Marketing: Transportation, Distribution & Logistics
- PLACE Marketing: Sales Promotion
- PLACE Marketing: Entrepreneurship
- PLACE Marketing: Accounting
- PLACE Marketing: Finance
- PLACE Marketing: Macroeconomics
- PLACE Marketing: Microeconomics
- PLACE Marketing: International Trade & Global Marketing
- PLACE Marketing: Human Resource Management
- PLACE Marketing: Employee Staffing & Retention
- PLACE Marketing: Business Technology
- PLACE Marketing: Computer Literacy
- PLACE Marketing: Information Systems
- PLACE Marketing: Business Communication
- PLACE Marketing: Education & Career Planning
- PLACE Marketing: Employment Skills
- PLACE Marketing: Career Development