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Maintaining Good Government Relations and Business Ethics

Maintaining Good Government Relations and Business Ethics. Legal Environment. Why is it so important? Why is it so confusing?. Basic Laws for Small Businesses. Uniform Commercial Code Nine areas Torts Bankruptcy Ordinary bankruptcy Involuntary bankruptcy Chapter 11 bankruptcy.

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Maintaining Good Government Relations and Business Ethics

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  1. Maintaining Good Government Relations and Business Ethics

  2. Legal Environment • Why is it so important? • Why is it so confusing?

  3. Basic Laws for Small Businesses • Uniform Commercial Code • Nine areas • Torts • Bankruptcy • Ordinary bankruptcy • Involuntary bankruptcy • Chapter 11 bankruptcy

  4. Government Help • Small Business Administration • Service Corps of Retired Engineers • U.S. Department of Commerce • U.S. Department of Agriculture

  5. Handling Regulations and Paperwork • Benefits of Regulations • Problems with Regulations • Too difficult to understand • Too much paperwork • Difficulty and cost in meeting standards • Hiring more people= More regulations • Discouraged employers

  6. Handling Regulations and Paperwork • Coping • Learn as much as possible about the law • Challenge laws • Elect people to change laws • Find better legal environment • Learn to live with them • Private Regulators

  7. Choosing a Lawyer • When to Hire • Where to Look • What to Look for • Experience • Time • Demeanor/atmosphere/customers • Cost • Maintaining Relationships • How lawyers charge

  8. Socially and Ethically Responsible Behavior • Increasing Emphasis • Social Responsibility • Consumerism • Employee Relations • Hiring minorities • Planning for safety • Environmental Protection • Pollution control • Conservation • Community Relations

  9. Business Ethics • What is unethical behavior? • 54% of employees run “afoul of law or workplace standards” • Trust in business leaders • Junk food

  10. Creating an Ethical Environment • Three levels of ethical behavior • Laws • Codes of ethics • Personal ethics • Ethical Leadership • Go beyond laws and social responsibility • Integrate ethics into company and individual employees

  11. Federal Sentencing Guidelines for Organizations • Clear standards • Ethics training for employees • A report system for misconduct • Establishing a track record of disciplining violators • If followed, can reduce federal fines by up to 95%!!!

  12. Rotary International’s Four Way Test • Is it the truth? • Is it fair to all concerned? • Will it bring goodwill and better friendship? • Will it be beneficial to all concerned?

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