Government Regulations Essay - 796 Words

Government Regulations on Businesses Advantages and Disadvantages Samuel Pinckney Grantham University Abstract This paper will discuss the proposed views on the advantages and disadvantages of government regulations on businesses. Government Regulations on Businesses Advantages and Disadvantages There are advantages and disadvantages that may be associated with the regulations that government imposes on businesses. It is best to examine the reasoning behind regulations first prior to determining the potential advantages or disadvantages that are viewed with government regulations. Government†¦show more content†¦Environmental regulations reduce the negative repercussions of manufacturing on the environment (http://smallbusiness.chron.com/government-regulations-small-business-1319.html). Environmental cleanup regulations require companies that contribute to hazardous waste sites to either provide cleanup staff or pay for the cleanup (http://smallbusiness.chron.com/government-regulations-small-business-1319.html). Privacy regulations are social regulations to protect sensitive information normally provided by the consumer. Information collected can include social security number, address, name, health c onditions, credit card and bank numbers (http://smallbusiness.chron.com/five-areas-government-regulation-business-701.html). Laws exist that will keep businesses from spreading information, and people can sue companies for disclosing sensitive information (http://smallbusiness.chron.com/five-areas-government-regulation-business-701.html). Employment and labor regulations could fall under economic or social regulation types. These laws pertain to minimum wages, benefits, safety and health compliance, working conditions, equal opportunity employment and much more that covers the largest area of business regulations (http://smallbusiness.chron.com/five-areas-government-regulation-business-701.html). These regulations help keep employer-employee relationship relatively fair and protect people from harassment, discrimination and unfairShow MoreRelatedGovernment Regulation1301 Words   |  6 Pagestypes of government regulations, how those regulations affect current market structures while defining the different types of market structures and finally what provisions and laws have been put in place to protect consumers and society from big business and firms choices. Industrial regulation is the government’s attempt to enact laws designed to prevent firms from participating in bad monopolistic practices and to promote competition in the market space. The reason industrial regulation existsRead MoreGovernment Regulation Essay744 Words   |  3 PagesGovernment Regulation Throughout history there have been many different opinions about government regulation. Some believe the government regulates business too much others feel that the government does not do enough. I believe the government is regulating business far too much and furthermore putting businesses out of business and causing many workers to lose jobs. In this paper I will point out the common problems dealing with government regulation. I will also focus on three major aspectsRead MoreGovernment Regulation Of The United States1546 Words   |  7 PagesThe government has always played a very strong role in the laws of the United States and in the lives of people who live in this country. At times in history, the government has been too strict on its people other times.These leaders have, however, failed to achieve a successful medium between these two treatments. 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In today’s economy where individuals are no longer the concern when it comes to wealth, the global attention is drawn to corporations who hold the majority of our wealth. This calls for us to take cetain measures that can ensure the existence of a socially responsible behavior amongst all corporations, and these measures could be introduced in many forms, quite possibly the mostRead MoreGovernment Regulation And Its Effect On Society Essay1586 Words   |  7 Pages with many pieces to create a much larger thing. Government and society are simply pieces of the same machine that depend on each other. Likewise, government and society have the option to liberate or limit the activities of men and it is a necessary occurrence of life. Government is dependent on society because social behaviors exists wherever there are good or bad, proper or improper relationships between human beings. Humans install government from the ir own belief that human behavior is â€Å"self-centered†Read MoreGovernment, Regulation Business Ethics2112 Words   |  9 PagesGovernment, Regulation amp; Business Ethics The issue of business relations with government has increasingly become a key issue of business ethics. Some of the many questions raised are * Is it acceptable for corporations to use their considerable power tp shape government policy? * Is the government jeopardizing its role in protecting the public interest when politicians sit on the board of corporations? The government has a crucial role to play in establishing the ‘rules of the game’Read MoreProducer Protection, Prior Market Structure and the Effects of Government Regulation3100 Words   |  13 PagesProducer Protection, Prior Market Structure and the Effects of Government Regulation Assignment on Regulatory Economics 1/5/2012 â€Æ' INTRODUCTION The direct economic regulation of business by independent government commissions has a one-hundred year history on the North American continent. It is generally asserted that the purpose of such commissions is to protect consumers from exploitation by limiting the economic powers of certain firms having pervasive effects on the public interestRead MoreEssay about Government Regulations and Rights2340 Words   |  10 Pagescitizens are getting tired of the governments increasing control of the economy, health care, and a dodgy recovery plan (Engstrom, 2). According to a national survey, Voters are starting to realize that the regulations implemented by government are beginning to intrude more so on people’s personal lives (Thompson and Tringali, 2). The survey also said that, A majority of both conservatives (61%) and liberals (54%) say they are both negatively impacted by regulations that tell American business whichRead MoreEssay On Government Regulations1162 Words   |   5 PagesThe effects of Government Regulations on the Economy The U.S. economy has somewhat recovered from the recession that began in 2008, but from my recent findings I have realized that there has been an unbalance in that recovery. Investments have fallen and businesses investments have been weak. The government regulates securities markets, the environment, and even serves as a safety-net for businesses that are at risk for bankruptcy. In many efforts to mend the economy, regulations are costing the