Business and Regulatory Concepts

Business and Regulatory Concepts

Assessment

Flashcard

Business

KG

Hard

Created by

Jason Ryan

FREE Resource

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18 questions

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1.

FLASHCARD QUESTION

Front

Business Regulation

Back

The rules, laws, and guidelines that businesses must follow to ensure fair competition, consumer protection, employee rights, and economic stability.

2.

FLASHCARD QUESTION

Front

Consumer Protection

Back

Measures taken to protect consumers from unfair, deceptive, or dangerous business practices.

3.

FLASHCARD QUESTION

Front

Fair Competition

Back

A market environment where businesses compete on a level playing field, without unfair advantages or anti-competitive practices.

4.

FLASHCARD QUESTION

Front

Price-Fixing

Back

An agreement between competitors to fix prices, creating an unfair market advantage.

5.

FLASHCARD QUESTION

Front

Monopoly

Back

A situation in which one company controls the entire market for a particular product or service.

6.

FLASHCARD QUESTION

Front

Employment Laws

Back

Regulations that govern the relationship between employers and employees, covering areas like wages, working conditions, and contracts.

7.

FLASHCARD QUESTION

Front

Financial Stability

Back

A state in which the financial system is resistant to shocks and can effectively perform its core functions.

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