Influencing Canadian Business

Question 1

Spectrum of regulaitons

Answer 1

• Laissez-faire regulation
• Corporate self-discipline
• Industry self-regulation
• Self-regulation involving stakeholders
• Negotiated self-regulation
• Mandated self-regulation
• Quasi-government regulation
• Government regulation

Question 2

Scope of Government Regulation

Answer 2

• is architect of economic growth
• prescribes rules businesses must follow
• is a major purchaser of goods and services produced by businesses
• is a major promoter and subsidizer of businesses
• is a supplier of debt capital to many businesses
• is a rescuer of failed businesses
• is the protector of business and producer interests
• is the owner of business enterprise
• is a partner with business in some endeavours
• directly manages (through regulation) large areas of private business activity
• is the protector of various societal interests against-business exploitation

Question 3

Corporate Agenda

Answer 3

The real or imagined alleged domination of public policy or government programs by corporations or business organizations in their own best interests.

Question 4

Impact of Changing Government Involvement

Answer 4

• Privatization provision of public services by the private sector
• Maybe partial or total
• Occurs via creation of private rights
• Constraints governmental discretion
• Twenty-year trend towards privatization