Business Regulations Quiz Form
Please answer the following questions about business regulations.
What is the primary purpose of business regulations?
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Which of the following is a federal regulatory agency in the United States?
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Securities and Exchange Commission (SEC)
National Retail Federation (NRF)
Chamber of Commerce
American Marketing Association (AMA)
Select all areas commonly regulated by business laws.
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Employment practices
Environmental impact
Product safety
Personal hobbies
Taxation
Which act primarily governs antitrust laws in the United States?
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Sherman Act
Sarbanes-Oxley Act
Clean Air Act
Dodd-Frank Act
Briefly describe one consequence for businesses that fail to comply with regulations.
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How confident are you in your knowledge of business regulations?
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1
2
3
4
5
Match the regulation to its primary focus.
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Rows
Employment Law
Securities Law
Advertising Law
Primary Focus
Workplace safety
Financial reporting
Advertising standards
Workplace safety
Financial reporting
Advertising standards
Workplace safety
Financial reporting
Advertising standards
Which of the following best defines 'compliance' in a business context?
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Adhering to laws and regulations
Maximizing profits
Expanding to new markets
Developing new products
Select the agencies responsible for enforcing environmental regulations.
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Environmental Protection Agency (EPA)
Federal Trade Commission (FTC)
Occupational Safety and Health Administration (OSHA)
Food and Drug Administration (FDA)
In your opinion, how important is regular training on business regulations for company employees?
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Very important
Somewhat important
Not very important
Not important at all
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