Legislation Flashcards
1
Q
3 main laws
A
- Employment law
- Health and safety law
- Consumer law
2
Q
Legislation -
A
- where the government makes laws in order to control business actions, in order to protect the needs of stakeholders
3
Q
Minimum wage -
A
- the minimum amount that businesses legally required to pay their employees
4
Q
Equality act -
A
- legally protects people from discrimination in the workplace and wider society
5
Q
Discrimination -
A
- unacceptable treatment of any individual or group who are termed to be different
6
Q
Characteristics protected: (9)
A
- Sex, including pregnancy
- Civil partnership status
- Disability
- Race
- Status as fixed - term or part - time worker
- Age
- Sexual orientation
- Religion/belief
- Trade union membership
7
Q
Health and safety: (4)
A
- Safe operation and maintenance of working environment
- Safe use, handling and storage of dangerous substances
- Adequate training of staff to ensure health and safety
- Adequate welfare provisions for staff at work
8
Q
Consequences of health and safety legislation (4):
A
- Training will mean business costs increase
- Meeting health and safety requirements can be expensive => less competitive
- Failing health and safety could result imprisonment
- Business will benefit from a safe working environment as workers will be loyal to the firm
9
Q
Consumer law -
A
- protect consumers from businesses which try to exploit them. The laws protects consumers when they buy goods or services, provides help of they are treated unfairly or if things go wrong and goods are faulty.
10
Q
Consumer rights act (3):
A
- Goods must fit the description
- Goods/services must be of satisfactory quality
- Must be fit for the purpose specified
11
Q
The trade description act -
A
- an offence to make a false description about any goods or services supplied
12
Q
Benefits of consumer rights act / law: (4)
A
- Improved reputation
- Bad publicity avoided
- No costs of repair and replacement / less administration costs
- Avoiding very high fines
13
Q
Costs of consumer rights act / law: (4)
A
- Training required
- Increased quality control needed
- Higher quality raw materials could be required
- Additional production processes might be needed