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Related Flashcards
Cards In This Set
| Front | Back |
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Nation Labor Relations Act (1935
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Establishes a collective bargaining process and the NLRB
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Labor-Management Relations Act (1947)
Taft-Hartley Act |
Provides a balance between union power and managment power
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Worker Adjestment and Retraining Notification (1988)
WARN Act |
Requires employer to give employees 60 days notice regarding plant closure of layoff of 50 or more employees
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Fair Labor Standards Act (1935)
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Establishes a minimum wage and an overtime pay rate for employees working more than 40 hours a week
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Equal Pay Act (1963)
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Specifies that men and women who do equal jobs must be paid the same wage
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Familyl and Medical Leave Act (1993)
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Affects only organizations with 50 or more employees
provides up to 12 weeks of leave without pay upon the birth of an employee's child or if an employee, emploee's child, spouse, or parent is seriously ill |
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Occupational Safety and Health Act (1970)
OSHA |
Regulates the degree to which employees can be exposed to hazardous substances
specifies the safety equipment that the employer must provide |
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Employment Retirement Income Security Act (1974)
ERISA |
Regulates company retirement programs
provides a federal insurance program for retirement plans that go bankrupt |
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Title VII of the Civil Rights Act (1964)
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Outlaws discrimination in employment practices based on sex, race, color, religion, or national origin
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Age Discrimination in Employment Act (1967)
ADEA |
Outlaws personnel practices that discriminate against people aged 40 and older
1986 amendment eliminated a mandatory retirement age |
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Civil Rights Act 91991)
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Facilitates employee's suing employers for sexual discrimination and collecting punitive damages
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Business ethics
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The motivating force of business behavior (often seen as impositions and constraints)
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Six pillars of character
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Trustworthiness, respect, responsibility, fairness, caring, citizenship
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Steps for evaluating course of action
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Legal, ethical, economical, practical
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Economic model
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Society will benefit most when a business is left alone to market products that society needs -- profit focus
--> economic and legal responsibilities |
