Purchase Solution

Government Regulation and Regulation of Companies

Not what you're looking for?

Ask Custom Question

Is there too much government regulation? Instead, should trade associations, certifications, and professional societies regulate companies?

Purchase this Solution
Solution Summary

Free enterprise is summarized.

Solution Preview

Free enterprise was born with man and shall survive as long as man survives. The spirit of enterprise lives in most of us and the desire to make it big as an entrepreneur is a common goal most of us possess. All one really requires to start an enterprise is an idea and a vision to make it click. All other matters are incidental and will follow in due course. History has given ample examples of fortune favoring the brave and the proverbial "rages to riches" story who have become business legends. In more recent times, we have seen the emergence of the infotech-entrepreneur that has started from scratch with just a bright idea and a vision to make that idea into practical reality. Bill Gates started Microsoft from a small garage which virtually no funding from financial institutions. Sabeer Bhatia started Hotmail with just an idea of offering free e-mail and was successful much beyond his expectations.

Still the ...

Purchase this Solution
Free BrainMass Quizzes
Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

View More Free Quizzes
Related BrainMass Solutions

  • Role of government in environmentally friendly corporations

    The damage that is being caused by corporations is monstrous in proportion, and there is very little regulation in place in comparison to the number of companies that have to be continually monitored.

  • Regulation and Deregulation

    158974 Government Regulation 1. List and explain in detail three benefits of regulation. 2. List and explain in detail three benefits of deregulation 3. a. Is there too much government regulation today? Why or why not? b.

  • Change in Economic Structure

    Solution: As a result of changes in the economic structure, the following action has helped domestic economic activity as a result of politics and government regulation: A form of economic anti-trust regulation looks to make the market forces stronger

  • Price Regulation in Pharmaceuticals

    602305 Price Regulation in Pharmaceuticals What role must government have in price regulation of prescription medications in a free market economy? Why must government play this role?

  • Consumer Demand and Government Regulation

    There is no direct cost of regulation imposed either on the consumer or on the government. There can be copy advice and preclearance systems in place that can make self regulation very effective and compliance very high.

  • Online Privacy: Government or Self Regulated

    It seems that both the government and businesses feel that regulation of online privacy is an important topic but they do differ in their beliefs in terms of how to appropriately handle the issue.

  • Articles About Advertising Regulations

    At this stage the government needs to step in with Advertising regulation and restore honesty in the market. The intervention by the government includes forming laws and regulation, enforcing those laws, and examining individual cases.

  • Government's rational for regulating businesses

    There is government regulation protecting fair trade, investor rights, consumer rights, and almost every other aspect of business operations.

  • Government Regulation

    115504 Government Regulation Is there too much government regulation today? Why or why not? In place of government regulation, would it be better for business if it was regulated by trade associations, certifications, and professional societies?

View More Related Solutions