Ch. 3 in relation to Neutrogena

When reading chapter three I thought it was interesting to read about the laws and regulations that affect business operations. Since Neutrogena produces skin care products I am sure they need to follow many rules and regulations to make sure there products are safe. Also, I am sure they need to make sure that they provide a safe and healthy environment for employees. Our book talks about the Occupational Safety and Health Act that was put into act in 1970 this act requires employees to provide a hazard free working environment. I think this act is a great act because it address the unsafe workplaces and makes sure they meet certain standards. Additionally, chapter three goes heavily into talking about crises and industry life cycles. Specifically, I think Neutrogena although following the normal product lifestyle continues to grow. Neutrogena as a company has not really ever declines because the company has constantly produced new products and product lines introducing not only female products but products for men and teens as well. As the book states "competitors within an industry change constantly", but I think that although Neutrogena has many competitors in the skin product industry they have very valuable products that people rely on. Also, their products are moderately priced and they work like they say they do so people continue to use them.