BA 290 Journal 4.docx - ● Better Business Bureau- A leading...

● Better Business Bureau - A leading self-regulatory body that provides directions
for managing customer disputes and reviews advertising cases
● Procompetitive Legislation - Laws have been passed to prevent the
establishment of monopolies, inequitable pricing practices, and other practices
that reduce or restrict competition among businesses
● Consumer Protection Law - Laws that protect consumers require businesses to
provide accurate information about their goods and services and follow safety
standards
● Strategic Philanthropy - The synergistic and mutually beneficial use of an
organization’s core competencies and resources to deal with key stakeholders so
as to bring about organizational and societal benefits
● Criminal Law - Not only prohibits specific actions—such as fraud, theft, or
securities trading violations—but also imposes fines or imprisonment as
punishment for breaking the law
● Civil Law - Defines the rights and duties of individuals and organizations
(including businesses)
● Voluntary Practices - Include the beliefs, values, and voluntary contractual
obligations of a business
● Philanthropy - Giving back to communities and causes