4.01 Health & Safety Regulations

One way a business can reduce the risk of accidents in the workplace is by providing its employees with:

• Safety training
• Electronic data interchange (EDI)
• Supply manuals
• Weight-loss programs

The primary reason that governments develop workplace health and safety regulations is to:

• Protect employees from injury and illness
• Reduce the risk of employment discrimination
• Ensure that employees have access to insurance
• Prevent the breach of business information systems

Which of the following was one of government�s original roles in business:

• Regulating technology
• Acting as a referee
• Ensuring a business�s profitability
• Protecting the environment

One way in which government protects private property is to provide

• Federal Reserve Banks
• Local governmental programs
• Patents or copyrights
• Fire insurance policies

Government is involved in settling business disagreements through the use of

• Force
• Negotiation
• Fines
• Courts

Why does government set and collect taxes?

• To help pay the expenses of government
• To increase the use of technology
• To provide economic security
• To help businesses grow and prosper

One of the reasons that has caused government's role in business to expand is that

• People's attitudes have changed
• Products have become very technical
• Costs of production have continued to increase
• Competition in the marketplace has increased

What is the purpose of government regulation of business activities that might cause air or water pollution?

• To protect competition
• To provide public goods
• To stabilize the economy
• To conserve the environment

The goals of government are to protect the rights of individuals and businesses and to provide a stable environment, but the main goal of business is to

• Make a profit
• Save the environment
• Provide the best products
• Provide a safe working environment.

Which of the following is a public good that is provided by government:

• Private schools
• Marketing research
• New automobiles
• Interstate highways