Shared Flashcard Set

Details

Chapter 6
Chapter 6
16
Marketing
Not Applicable
04/11/2012

Additional Marketing Flashcards

 


 

Cards

Term
FDA
Definition
Regulates the labeling and safety of food, drugs, and cosmetics sold throughout the united states
Term
CPSC
Definition
Responsible for overseeing the safety of products such as toys, electronics, and household furniture
Term
EEOC
Definition
Responsible for the fair and equitable treatment of employees with regard to hiring, firing, and promotions
Term
OSHA
Definition
Sets guidelines for workplace safety and environmental concerns
Term
SEC
Definition
Regulates the sales of securities, such as stocks and bonds
Term
EPA
Definition
Responsible for reducing air and water pollution and hazardous waste
Term
FTC
Definition
Protects consumers from unfair business practices, and enforces the principles of private enterprise systems
Term
Executive Branch
Definition
President and his cabinet

Proposes laws
Term
Legislative Branch
Definition
U.S. Congress

Votes on laws
Term
Judicial Branch
Definition
Supreme Court

Interprets and applies laws
Term
Bureau of Consumer Protection
Definition
Responsible for enforcing consumer protection laws and regulation rules
Term
Bureau of Competition
Definition
Responsible for keeping competition in business legal
Term
Bureau of Economics
Definition
Studies the impact of its actions on consumers and reports it to Congress, to the executive branch, and the public
Term
Ethics
Definition
Guidelines for good behavior
Term
Better Business Bureau
Definition
Nonprofit organization that promotes self-regulation among businesses
Term
Price Gouging
Definition
Pricing products unreasonably high when the need is great or consumers have no other choices
Supporting users have an ad free experience!