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Duty 5 – Ethics and Legal Responsibilities

Duty 5 – Ethics and Legal Responsibilities. NOCTI. Major laws that impact business. Fair Labor Standards Act (FLSA) Occupational Safety and Health Act (OSHA) http://www.youtube.com/watch?v=H6wRRWi6i0c&feature=related&safety_mode=true&persist_safety_mode=1&safe=active

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Duty 5 – Ethics and Legal Responsibilities

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  1. Duty 5 – Ethics and Legal Responsibilities NOCTI

  2. Major laws that impact business • Fair Labor Standards Act (FLSA) • Occupational Safety and Health Act (OSHA) • http://www.youtube.com/watch?v=H6wRRWi6i0c&feature=related&safety_mode=true&persist_safety_mode=1&safe=active • Family Leave and Medical Act (FMLA) • Consumer Product and Safety Act

  3. Compensation laws • Workers’ compensation • Unemployment insurance

  4. Equal Opportunity in Employment • The Civil Rights Act • http://ourdocuments.gov/doc.php?flash=true&doc=97 • Equal Pay Act • http://www.presidency.ucsb.edu/ws/index.php?pid=9267#axzz1pxfKbfrQ • Age Discrimination in Employment Act • http://www.dol.gov/dol/topic/discrimination/agedisc.htm • Immigration Reform and Control Act • http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextchannel=b328194d3e88d010VgnVCM10000048f3d6a1RCRD&vgnextoid=04a295c4f635f010VgnVCM1000000ecd190aRCRD • Americans with Disabilities Act • http://www.dol.gov/dol/topic/disability/ada.htm

  5. Ethical standards in conducting business • Ethics - standards of moral conduct that individuals and groups set for themselves, behavior they value as right or is wrong. • Video - Ethics at Work • To decide if an action is ethical or not, we have to ask questions such as: • Is the action right or wrong, regardless of what the laws state? • Ethical conduct goes beyond state and federal laws.

  6. Ethics continued… • Business Ethics • A collection of principles and rules that define right and wrong conduct for an organization. • Code of Ethics • A formal, published collection of values and rules that reflect the firm’s philosophy and goals. • Social Responsibility • It is the duty of a business to contribute to the well-being of society. • Video Ethics and Social Responsibility in Business

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