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10 Laws of Business Management

10 Laws of Business Management Whether you're a seasoned business manager or new to the industry, there are certain common rules you should follow. If you can identify these, you'll be able to improve your business's efficiency and productivity. In addition, these rules will also protect you from lawsuits. Employment law Whether you're a small or medium-sized business, it's important to stay up to date on the latest changes in employment law. Failure to adhere to these rules could result in expensive penalties. Federal and state laws are designed to protect both employers and workers. Whether you're a manager or an HR professional, it's important to understand how to comply with employment law. Employment law covers hiring, pay, and termination. It's also designed to protect employees from discrimination. The Civil Rights Act of 1964 bans discrimination based on gender, age, disability, ethnicity, and religion. Federal and state laws prohibit retaliation...