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Read: The Retail Liberalization Act https://www.lawphil.net/statutes/repacts/ra2000/ra_8762_2000.html
Explain per section of the law
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- CHAPTER 5 Answer the following questions: 1. Who do you think should be responsible for the cost of Regulation? (4-5 Sentence) 2. Can big business influence affect public policy? (4-5 Sentence) 3. Is there a need to regulate business Activities? (4-5 Sentence)What is the role of regulation in keeping markets safe and ethical in the US? Do you think regulations in the US go far enough, go too far, or somewhere in-between? Based on your answer, what would you change about the regulation of markets in the US if you had the power to do so?Will Walmart be successful against Amazon.com? Explain your answer.
- List the Primary Laws that Protect Consumers?Please assist with a statement of the problem for Economic and Social Consequences of COVID-19 on a small business.Why does a good and profitable company engage in CSR activities a.Because the government forces them to do so from company profits. b. Because it wants to attract socially responsible talent only C. It reflects the values of the company and helps build empathy with customers d.To gain points in the ESG (Environment, Social and Corporate Governance) ratings
- 1.What laws or policies govern the sale of alcohol? 2.Discuss Retail Trade Liberalization Act of 2000 (RA 1180) and explain how is it good for customers. 3.Discuss P.D. 260 and why is it important to Philippine heritage?Define the characteristics of a vulnerable consumer. Considering ethics, should there be greater government regulation with respect to selling to vulnerable consumers? Within the context of Pharmaceutical Industry, why should businesses consider the methods of marketing to vulnerable consumers? Be sure to support your responses with evidence.Should retailers be responsible for safety conditions in garment factories in other countries? Discuss.
- Provide an example of an interest group (Tobacco business or other) and explain what tactics it has used to influence public policy. Has it been successful? Explain why? Compare and contrast economic policies with social assistance policiesOf the 8 Basic Rights in the Philippines, which is seldom practiced by the Marketers/Sellers? Discuss in no less than 50 words.Social responsibilities encompass the ethical and moral obligations that individuals, organizations, and communities have towards the well-being of society and the environment. This concept recognizes that businesses and individuals are not just responsible for their financial success but also for contributing positively to the broader community. Social responsibilities can include actions like giving back to the community through philanthropy, promoting environmentally sustainable practices, and treating employees and customers with fairness and respect. By fulfilling these responsibilities, entities can help create a more equitable and sustainable society. Question: How can businesses strike a balance between their profit-making goals and their social responsibilities to ensure they make a positive impact on society and the environment?