Government Policies and Legal Regulation (HSC SSCE Business Studies): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
Political-legal environment
Political-legal environment
Political decisions affect business rules and regulations
Compliance in business
Compliance in business
Collective range of laws a business must follow
Compliance costs
Compliance costs
Expenses for meeting legal regulation requirements
WHS Act 2011 effective date
WHS Act 2011 effective date
January 2012
Instant asset write-off benefit
Instant asset write-off benefit
Immediate tax deduction on asset purchases
What WHS laws govern
What WHS laws govern
Machinery use and business environment interaction
Three main areas of ops regulation
Three main areas of ops regulation
Labour mgmt, environmental protection, public health
Labour's role in operations
Labour's role in operations
Central role in transformation process
Why government policies change
Why government policies change
New government or society's expectations change
Environmental regulations address
Environmental regulations address
Pollution, toxic waste disposal, biodiversity