Week 2 Business and Society Discussion Regulation of Business

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nzlw123

Business Finance

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Business and Society

Regulation of Business

  • Explain the rationale for government regulations on businesses in your own words.
  • Identify a federal or state regulation that you support or oppose.
  • Explain your support or opposition to the regulation.

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Explanation & Answer

Attached.

Running head: REGULATION OF BUSINESS

Regulation of Business
Student’s Name
Institution Affiliation

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REGULATION OF BUSINESS

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Regulation of Business

Government plays a very important role in business activities and its involvement is due
to a number of reasons that boil down to protection, safety, and revenue collection. The primary
objectives of the federal government in the business sector are to create and guarantee standards;
protect the weak and the vulnerable, provide an approp...

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