Essay on "Role of Law in Business"
Essay 3 pages (1028 words) Sources: 2
[EXCERPT] . . . .
For example, before computers became part of people's lives, there was no computer fraud, there was no "file sharing" (of music and movies), and there was no cyber-stalking. Now that those crimes have emerged from the advent of these technologies, the role of law is to evolve with societal changes, Siegel explains (Siegel, 2011). Prior to the Supreme Court ruling on individual cases, the High Court often "…considers empirical research supplied by criminologists," which helps to shape how society responds to changes (Siegel, 6).The Role of Law in My Industry -- Human Resource Specialist
In my position as an HR specialist, I must be very well aware of the role of law as it applies to my company and my job. In specifics, I need to be aware of the role of law reflected through the following federal statutes: Equal Employment Opportunity Laws (EEO); Fair Labor Standards Act (FLSA); Occupational Safety and Health Act (OSHA); Employee Retirement Income Security Act (ERISA); Family and Medical Leave Act (FMLA); National Labor Relations Act (NLRA); Workers Adjustment and Retraining Notification Act (WARN); Consolidated Omnibus Budget Reconciliation Act (COBRA); The Health Insurance Portability and Accountability Act (HIPAA); Sarbanes-Oxley Act (SOX); and I also need to be up-to-date on the concept of Employment at will/wrongful discharge," privacy issues and workplace rights for management, and in addition, every state and local government has specific regulations and legislation an HR specialist must be appraise of and familiar with.
The EEO laws are particularly important to an HR professional; the EEO laws mean that it is against federal law to discrim
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As to the FLSA, it sets the federal standards for minimum wages and overtime pay; the FLSA requires that private and public employees pay workers "…who are not otherwise exempt at least the federal minimum wage and overtime pay of one-and-one-half-times the regular rate of pay" (www.dol.gov). The other statutes mentioned on this page are also important in terms of the working knowledge that an HR professional must have.
In conclusion, the role of law is extremely important in the business world and in the society, and when society goes through meaningful changes, such as the digital revolution, laws must be enacted to respond to crimes that emerge due to those new technologies.
Works Cited
Barnett, Larry D. (2011). The Place of Law: The Role and Limits of Law in Society. Piscataway,
NJ: Transaction Publishers.
Jennings, Marianne, M. (2010). Business: Its Legal, Ethical, and Global Environment.
Independence, KY: Cengage Learning.
Meiners, Roger E., Ringleb, Al H., and Edwards, Frances L. (2006). The Legal Environment of Business. Independence, KY: Cengage Learning.
Siegel, Larry J. (2011). Criminology. Independence, KY: Cengage Learning.
U.S. Department of Labor. (2009). The Fair Labor Standards Act (FLSA). Retrieved April 25,
2013, from http://www.dol.gov.
U.S. Equal Employment Opportunity Commission. (2010). Overview. Retrieved… READ MORE
Quoted Instructions for "Role of Law in Business" Assignment:
Write a 750-word paper in which you define the functions and role of law in business and society. Discuss the functions and role of law in your past or present job or industry(Human Resource Specialist). Properly cite at least two references from your reading.
Format your paper consistent with APA guidelines.
How to Reference "Role of Law in Business" Essay in a Bibliography
“Role of Law in Business.” A1-TermPaper.com, 2013, https://www.a1-termpaper.com/topics/essay/role-law-business-society/2434539. Accessed 3 Jul 2024.
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