Discuss in a 300 words:
Q1: Pick an industry and describe a regulation that the government has established for that industry. Why do you think the regulation you mentioned was established by the government? Is the regulation effective?
Q2: Give an example of a cost-benefit analysis in business. (This example can be one in the news or one you know from your business experience, etc. If it is one from your own business experience, do not give the company name or the names of individuals, just generally give what was analyzed and the outcome.) What was the outcome of the analysis? Who or what benefitted the most, the company, specific stakeholders, etc.? As we know, cost-benefit analysis can be viewed as an ethical decision making tool (utilitarian). Was the outcome of your example cost-benefit analysis an ethical one? Explain.
Q3: Pick an industry that has been deregulated in the US in the past 20 years. What were the major goals of the deregulation? Has the industry deregulation met these goals? Explain