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 serves as an overseer of the way that businesses operate in society, and regulations establish the guidelines and rules for businesses in the marketplace. Businesses would not have a standard to go by without regulations and it could result in corruption because there would be no rules to avoid problems. Regulations established by the government forces businesses to think of ways to maintain success within the boundaries of rules, which will benefit the market for society.

Government regulations fall under the basis of two typ...

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