YOUR BUSINESS AND ADMINISTRATIVE AGENCIES

You've recently graduated from BMCC and decided to start your own business. You concluded that providing specialty items to new parents with young babies is where the money is (all those yuppie parents on the upper east side and west side with all that money to spend). You are working on starting a small business that will take advantage of that demand. (Jessica Alba's Honest Company has nothing on you!) You have found a large warehouse space in which you will build two small factories/production facilities. At one, workers will be making high end boutique baby furniture and toys. At the other, workers will produce a line of baby foods and juices.As you are working on getting this business started, you have many questions. For each scenario below, identify the agency which is likely to have the answer to the question or whose rules or regulations will govern the question. Note, youdo notneed to answer the questions; youonlyneed to identify the relevant agency. You may choose from the following agencies:

Consumer Product Safety Commission Environmental Protection Administration

Consumer Finance Protection Bureau Federal Trade Commission

Equal Employment Opportunity CommissionFood and Drug Administration

Occupational Safety and Health Administration Securities and Exchange Commission.

Generally the agency's website will be the initials of the capitalized words of the agency's name followed by .gov (for instancewww.ftc.govfor the Federal Trade Commission,www.cpsc.govfor the Consumer Product Safety Commission).

The websites of most agencies can be found by You can also find a list of agencies at https://libraryguides.law.pace.edu/c.php?g=319332&p=2134043.The link will take you to the website of that particular agency where you can learn additional information about issues that fall within that organizations powers.

SCENARIOS

1.Will the workers in either of your factories be required to wear respirators?

2.Are there regulations about how you must dispose of any waste products from your factories?

3.You want your baby food products to be advertised in a marketing campaign that will claim that eating your products will make babies healthier and smarter. Could any legal problems arise from this campaign?

4.What kind of labeling must you put on your baby food products?

5.One of your furniture products will be baby cribs. Are there any safety standards that you must follow in manufacturing and testing the cribs?

6.You've decided not to hire anyone who has ever been arrested or convicted of a crime. Could that policy cause a problem for the business?

7.If the business becomes successful you are thinking about opening a megastore and having a store branded credit card. What issues do you need to consider?

8.If you decide to sell shares of stock in your new company to raise capital, will you have to do some sort of filing with the government?