Agency and Employment LawInstructions:Purpose of AssignmentEmployment costs are arguably a business’s biggest expense.Consider how employment law regulates concepts such asdiscrimination, injuries on the job, employee vs. independent contractor,wrongful discharge, and unionization, to name a few. As you researchfor this assignment, consider the decisions made in this area are muchmore than business decisions but, in fact, impact lives. How do wereconcile between hurting employees and impacting the bottom-line?This is much tougher than it appears.Assignment StepsResources: Legal Environment of Business: Online Commerce,Business Ethics, and Global Issues: Ch. 18, 19, 20, and 21.Scenario: As employment costs continue to escalate, it is incumbentupon organizations to continually monitor its internal operations toensure best practices are being followed. To that end, your CEO hasasked you to prepare a SWOT (Strengths, Weaknesses, Opportunities,Threats) analysis.Prepare a SWOT analysis in one of the following formats: A 7- to 10-slide Microsoft® PowerPoint® presentation, A comparison table in a maximum of 1,050 words, or A maximum 1,050-word written analysis in Microsoft® Word.Examine the following: Consider the impact a principal and agent creates on the businessand its employees. Compare how express, implied, and apparent authority created bythe principal and agent impacts equal opportunities for employees. Identify the laws protecting workers against discriminatory practices. Evaluate how the legal protections present in the workplace differ foremployee and independent contractors.Cite a minimum of two references for the four content areas taken froma business or legal resource. At least one reference must be from theUniversity Library.Format your paper consistent with APA guidelines.Click the Assignment Files tab to submit your assignment as aMicrosoft® Word document.SupportingMaterial:Legal Environment of Business, Ch. 18: AgencyLawLegal Environment of Business, Ch. 20: Employment Law andWorker ProtectionLegal Environment of Business, Ch. 21: Labor Lawand Immigration LawLegal Environment of Business, Ch. 19: EqualOpportunity in EmploymentAgency and Employment Law GradingGuideIndividual Apr 17, 2017 11:59 PM 5