Required Resources
Read/review the following resources for this activity:
- Textbook: Chapter 1
- Lesson
- Minimum of 1 scholarly source
Initial Post Instructions
The government regulates business in many ways. Businesses must get permission to operate in the form of licensing and state and federal agencies work to provide protections.
Search in the Chamberlain library for “role of government” and one of the following protections.
- Consumer protection
- Employee protection
- Environmental protection
- Investor protection
Choose an article that you find from your search. Summarize the article and discuss its implications.
ANSWER
Governments benefit from better business performance through increased revenues in the form of taxes. Government protections are aimed at creating a fair playing ground for all players and a conducive environment for practicing business (Gitman et al., 2018). The regulations protect consumers, employees’ rights, hold corporations accountable, and protect the environment. Consumer protection is paramount, particularly in the growing e-commerce space to safeguard buyers and the public against unfair marketplace practices. Ha and McGregor (2013) investigated consumer protection in the online shopping space from the perspective of…. To continue reading, click on the purchase button below.