Team Assignment: Business Regulation
Instructions: Purpose of Assignment: Business commit crimes and those are generally called white collar crimes. Government regulates business activities to a large extent but such regulations may work, while others may not.
Assignment Steps Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch.14, 15, 16 & 17 Create a 10- to 12-slide Microsoft® PowerPoint® presentation, including detailed speaker notes (speaker notes not required for introduction, conclusion, and reference slides). The speaker notes for each slide should serve as the text for your presentation.
Address the following:
o Differentiate between the following Agency types of business crimes an individual can commit and give a real life example via a hyperlink to a specific case and explain that case and what happened: Insider Trading; 10b-5 Stock Fraud; False Advertising; Price Gouging; and Price Fixing.
o Propose ways that the business entity could have controlled this risk —ie. suggest ways that the company could have avoided these charges by way of internal controls. Explore the Federal Consumer Protection Agency and explain its powers, authority, who runs it and interesting business abuse cases it has investigated (at least two –describe them) https://www.consumerfinance.gov/?gclid=CLKczvqOkdQCFVW1wAodoXQJPw
o The Trump administration has “rolled back” many regulations on businesses since 2017 by way of executive orders. Find a business regulation that has been changed or eliminated by one of these executive orders and explain what the regulation did and was it, in your group/team’s opinion, useful? Should that regulation have been eliminated by executive order? Why/why not.
o Cite a minimum of five scholarly references. One scholarly reference must be from the University Library.