GM520_Final_Exam_Study_Guide_2011 - GM520 Final Exam Study...

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GM520 Final Exam Study Guide TCO A: Given an organizational requirement to conform business practices to both the law and best ethical practices, apply appropriate ethical theories to shape a business decision. o Schools of thought o Ethical models TCO B: Given instances of federal regulation of business and commercial practices, determine the constitutional and regulatory bases for such regulation, and formulate a strategy by which an impacted business can influence or contest regulating outcomes. o APA (administrative procedures act) It requires agencies to follow certain uniform procedures in making rules. APA has been amended number of times by the freedom of information act, the federal privacy act and the government in the sunshine act. The requirements set forth in the APA are designed to provide the public with a meaningful opportunity to participate in the adoption of state regulations and to ensure that regulations are clear, necessary and legally valid. The Freedom of information act allows access to certain information federal agencies possess and requires that the agencies publicly disclose their procedures and decisions. The federal privacy act prohibits federal agencies from communicating any records to another agency or person without first obtaining the consent of the person whose record is being communicated. The Government in the Sunshine Act requires prior public notice of meetings of those
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GM520_Final_Exam_Study_Guide_2011 - GM520 Final Exam Study...

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