Discuss the below:
Q1 What is the rationale for government to regulate business and what are the economic, competitive and social reasons for this regulation?
Q2 How do global regulations influence US businesses operating internationally and what are the major costs and benefits of such regulation?
Q3 In your opinion, do the benefits outweigh the costs or do costs outweigh benefits (explain)?
Q4 Describe the approaches corporations can take to influence government. Give one strength and one weakness of each.