Governmental Regulations & Their Effect on Business
In today's competitive business climate, achieving long-term business success has become more difficult. For example, changes in technology cause the demise of technology manufacturers, and changes in the supply of oil and the resulting price of gasoline can have an impact on auto companies that focus on gas guzzlers.
For your current employer or any company for which you have knowledge, answer the following questions:
â?¢What are two governmental regulations that have made or may make the company less successful going forward? Explain (in detail) why.
â?¢Is there any way that these unfavorable regulations could be turned in the company's favor and give it a competitive advantage? Be specific in your answer.
Solution Preview
Cigarette companies are under fire from government regulations constantly. A new regulation in September '09 banned flavored cigarettes from being sold in the U.S. in an attempt to curb teenage smokers (http://www.statepress.com/archive/node/7890). This had a direct effect on several cigarette companies- those that sold flavored cigarettes like vanilla, cherry, and chocolate but not the two largest companies. Clove cigarettes were also banned. Menthol cigarettes, however, were not banned (and menthol represents the largest "flavored" cigarette category of all, and the two largest cigarette companies would have been effected). This ban makes a ...
Solution Summary
This solution discusses several governmental regulations that negatively effect company operations. However, it also discusses the opportunity to turn these unfavorable regulations into a positive factor for the company and make it a competitive advantage. The solution includes links and examples.
... But now there is slackness in demand which may ... Memo on Governmental Regulation of Slotting Fees. ? ... other economic laws Foreign trade regulations Import tariffs ...
... Similarly higher Government debt, Budget deficit or surplus is ... hand stringent and opaque regulations jeopardize the ... Moreover if there is political instability ...
... of 1980, whenever a new regulation will have a ... provisions to alert small businesses about forthcoming regulations. ... power of the federal government to regulate ...
... it gives them an edge with their competition. ...government agencies that GFS has to comply with ... and GFS must comply with the states rules and regulations as well ...
...regulations used by the federal government, which are ... interpretation rendered the state regulation of national ... the legal system in business regulations is seen ...
... in these bills, but increased regulation is a ... There is an increase in other federal ... in the informational setting and proposed governmental regulations are look ...
... What social regulations ought to be eliminated ... In general, do you think the benefits of government regulation exceed the ... Why is there a lack of unity among the ...
... Thus granting patents, licenses or regulations reduces market power ... In fact, the regulation ends up creating a monopoly ... any, do you think the government will take ...
... conditions like exchange rates, government regulation, or political ... of uncertainties of government policies, rules, and regulations affecting business. ...
... Strong competition and government regulation are. ... go on to give a brief analysis of P & G's supply and demand as well as the impact of government. regulations. ...