Duty 5 Ethics and Legal Responsibilities NOCTI Major

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=H 6 w. RRWi 6 i 0 c&feature=related&safety_mode=t rue&persist_safety_mode=1&safe=active • Family Leave and Medical Act (FMLA) • Consumer Product and Safety Act

Compensation laws • Workers’ compensation • Unemployment insurance

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#axzz 1 pxf. Kbfr. Q • 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. 5 af 9 bb 95919 f 35 e 66 f 614176543 f 6 d 1 a /? vgnextchannel=b 328194 d 3 e 88 d 010 Vgn. VCM 10000048 f 3 d 6 a 1 RCRD&vgnextoid=04 a 295 c 4 f 635 f 010 Vgn. VCM 1000000 ecd 190 a. RCRD • Americans with Disabilities Act ▫ http: //www. dol. gov/dol/topic/disability/ada. htm

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.

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