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BSBMGT616 Develop and Implement Strategic Plans AssessmentAssessment 1: Short Answer QuestionsQuestion 1In each state or territory there is legislation that affects business operations. Some of thelegislation is general and applies to all businesses, while some will be industry specific.Codes of practice also apply in most business sectors.General legislation might relate to health and safety in the workplace, environmental/sustainability requirements and regulations, industrial relations legislation, equal employmentopportunity/ gender equality, anti-discrimination, bullying and harassment, privacy, etc.Codes of practice will often be industry specific and these will be relevant to theorganisation’s operations and to their strategic plans.Industry specific legislation and codes could relate to telecommunications, record keeping,consumer protection, licensing requirements, ethics, education and training, management ofhazardous or dangerous goods, debt collection, medical malpractice, waste management,road, air or rail transportation, ethical business interactions etc.List and describe the application of at least five different forms of legislation that will impacton business in your state or territory. At least two should be industry specific legislation.Describe the relevant industry and the applicable legislation and explain how a code ofpractice might impact on interactions with clients/ customers/ consumers. -Consumer protection Via Advertising RestrictionsMost Australian businesses use advertising to promote their goods and services. Whether theyadvertise through television, radio, the internet or print media, they must ensure that their advertising complies with the law. The Australian Consumer Law (ACL) is a national law that aims to protect consumers and ensure fair trading in Australia. The ACL is part of the Competition and Consumer Act 2010 (the Act). Businesses that operate online have the same rights and obligations as those that operate traditional bricks and mortar stores. Businesses need to ensure that their online sales practices comply with the Act. Good sales practices lead to consumer satisfaction and a more successful business. The rights and obligations set out in the ACL are aimed at ensuring businesses operate on a level playing field when selling goods and services to consumers.- Employment and Labour Protection: There is legislation that applies to allnational systememployer across Australia. This is regardless of territory, states, business models or industry.The objective is to place responsibility on the employer to ensure that their employees aretreated fairly and are receiving the minimum employment rights and entitlements – includingminimum pay, leave entitlements, redundancy, notice periods, and more. national workplacelegislation in Australia: Fair Work Act 2009, National Employment Standards (NES), WorkHealth and Safety Standards (WHS), State and Federal anti-discrimination laws, Privacy Act1988, Workplace Gender Equality Act 2012-EnvironmentalImpactofBusiness-