Why are owner/operators of small businesses at a disadvantage relative to large corporations when they attempt to

Question:

Why are owner/operators of small businesses at a disadvantage relative to large corporations when they attempt to decipher complex regulations that apply to their businesses?

Whether you end up owning your own small business or working for a large corporation, you will be dealing with multiple aspects of administrative law. Recall from page 5 that administrative law involves all of the rules, orders, and decisions of administrative agencies. At the federal level, these agencies include the Food and Drug Administration, the Equal Employment Opportunity Commission, the National Labor Relations Board, and the Occupational Safety and Health Administration. All federal, state, and local government administrative agencies create rules that have the force of law. As a manager, you probably will have to pay more attention to administrative rules and regulations than to laws passed by local, state, and federal legislatures.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Law Today The Essentials

ISBN: 978-0324786156

9th Edition

Authors: Roger LeRoy Miller, Gaylord A. Jentz

Question Posted: