Identification should include the varying regulations within the local, state, and federal levels for operating a business.
Process/Skill Questions:
- What jurisdiction does the locality have over a business?
- What jurisdiction does the state have over a business?
- What jurisdiction does the federal government have a business?
- What role does the U.S. Internal Revenue Service (IRS) play in business operations?
- What is OSHA, and what role does it play in operating a business? Who regulates OSHA?
- What is workers' compensation? Who regulates workers' compensation?