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Governments seek to influence business to ensure that they are following regulations. If they are not, the government may fine them.
The prudential regulation is regulation of deposit-taking institutions and supervision of the conduct of these institutions and set down requirements that limit their risk-taking. The aim of prudential regulation is to ensure the safety of depositors' funds and keep the stability of the financial system.
Commerce can never be independent of politics. The economy and the government are too closely linked for the two ever to be completely divorced from each other. However, it is not the responsibility of the government to ensure the economy is stimulated unless the society is in a horrid recession. In ordinary circumstances, the government should let businesses deal with finding their own business, and stick to economic regulation.
--Ensure competition and protect consumers. (Apex)That's a trick question. The textbook answer, like the political answer, is usually "for the common good." But the educated person should decide whether that is true.In reality, regulation tends to benefit those who push for regulation. Jean-Baptiste Colbert was the master of market regulation; his principle was that the wealth and the economy of a nation should serve the state. That didn't work out so well for France. In our own country, it's easy to observe that regulation over time has mainly served to increase the disparity between poor and wealthy, making the rich richer, as well as centralize national power. The free-market in this country had no regulation until the late 1800s and early 1900s. It was political sleight of hand that the unprecedented economic collapse which only happened after the advent of federal regulation (by the executive branch, not congress as the constitution allows) then justified further regulation.So, government regulation of the market (which, regulated, is no longer free) is required in order to control the market. By definition, regulation is necessary to every form of capitalism except the free market.
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Ensure competition and protect consumers
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to have a sense of business values that ensure that we stick to our moral practices within our professions.
Policies and practices support the firm's strategic management process. The policies and practices ensure that the business is moving towards their financial goals.
Trade license is the papers provided by the particular countries government for starting the business. It ensure that the newly business or started business is legal
The government regulates taxes, education, airline travel, sports, what people can't say on the radio and television, musical entertainment, microwave ovens, telephone communications, unemployed workers and a persons job.
Governments seek to influence business to ensure that they are following regulations. If they are not, the government may fine them.
The act gave the government the power to set and limit shipping costs.
Instead of restricting offshore outsourcing, a better legislation must be in place to ensure fair business practices that will benefit everybody.
Business should be pressuring government to encourage fair trade and competition. This should ensure that businesses have a level playing field when investing.
A quality assurance specialist ensures that business procedures and practices are followed. They ensure that customers are getting quality products and service.