an agency of the Department of Health and Human Services (DHS) (FDA Milestones‚ 2006). The FDA’s main objective is to protect and promote public health through regulating and testing foods and new products‚ overseeing the research‚ development‚ regulation‚ and recall of products already on the shelves for consumer use. We will further define the FDA‚ its responsibilities‚ and choose a product to show how the regulatory requirements of the FDA impacts consumer choices. We chose an ingredient used
Premium Food and Drug Administration Toothpaste Health
Introduction The current regulatory structure in Hong Kong 3. Hong Kong’s current approach to regulation can be characterized as institutional with functional aspects. This means that the firm’s legal status (bank‚ broker or insurance company) determines which regulator is responsible for supervising its activities from both a prudential and conduct of business perspective. However‚ this has been modified in Hong Kong to allow for the fact that banks are conducting a broader range of financial
Premium Bank Regulation Administrative law
managers generally must ensure that corporate policies and operating guidelines adhere to top leadership’s stipulations‚ human resources procedures and professional standards. These policies also must conform to industry practices and government regulations. Safety Management Safety management is a key challenge that operational managers must confront when performing duties. Managers typically implement safety guidelines to prevent occupational accidents and operating losses resulting from
Premium Balance sheet Management Policy
safety executive. As an employee you will have a duty to work safely. You may be given some guidance about how to use the equipment you will need to follow them so that you are not putting others in danger or at risk. Fire Precautions (workplace) Regulations 1997 Fire officers must check all the child care premises while they are in the first registration process. They will advise you what is needed to make the workplace as safe as possible. Evacuation procedures should be in place and known by all
Premium Risk Occupational safety and health Employment
Dangers of Fracking People have been trying to get regulations on fracking for years now and some states will just not listen to the dangers to the drinking water that fracking brings. Using articles‚ political parties‚ and interest groups‚ this paper will explain the true dangers that fracking brings and why major regulations need to be put it place. Fracking‚ because it is a relatively new way to extract natural gas‚ is hardly regulated in the United States. Some say that there just isn’t enough
Premium Safe Drinking Water Act United States United States Environmental Protection Agency
Nevertheless‚ both systems has its own pros and cons. Government intervention nor regulation‚ in economic terms is a process of promulgation or rules and restrictions being established by the main or delegated legislation (government). In other terms‚ the economic system is being controlled by the government. In contrary‚ government deregulation is the vice versa of government regulation. Relating government regulation with microeconomics‚ the main purpose of regulating the economy is to protect the
Premium Economics Monopoly Regulation
by regulation. There should be initial and ongoing capital and other prudential requirements for market intermediaries that reflect the risk that the intermediaries undertake. Possible failure of a market intermediary should be anticipated and dealt with by regulation designed to minimize damage and loss to the investor‚ and to contain systemic risk. No amount of regulation or oversight can guarantee against the possibility of financial failure of a market intermediary. However‚ regulation can
Premium Investment Risk Finance
Law is not something we ask for‚ but is simply something that has been thrust upon us at birth. It is a body of rules and regulations that govern the relationships among individuals as well as between the individual and their society. These rules establish rights‚ duties and privileges that are consistent with the values and beliefs of the society. Nevertheless‚ is law a “necessity‚” is it an “evil” or is it merely a “necessary evil?” Law is necessary in the society as a control mechanism. Since
Premium Law Regulation
BTEC National Extended Diploma in Business Assignment Brief – ASSIGNMENT THREE Unit title Unit 41 Business Markets and the Economy Assignment Regulation Start date Friday 23rd April 2014 Draft deadline date Friday 2nd May 2014 Final deadline date Friday 9th May 2014 Assessor Mr Muhammad P6 describe how business markets are regulated in the UK (Case Study) M3 explain why the government needs to regulate business markets P7 explain how EU requirements influence business markets in the UK D2
Premium European Union Regulation Government
CONTROL OF BUSINESS Historical Perspective on Public control of Business GOVERNMENT ROLE IN BUSINESS: Most businesses need to register with a state government to operate. The government’s role in business includes protecting the consumer or customer. When a vendor fails to honor the guarantee‚ the purchaser has recourse in the law. Likewise‚ when a product causes harm to an individual‚ the courts may hold the vendor or manufacturer responsible. Labeling is another requirement the government imposes
Premium Government Occupational safety and health Regulation