Business essay questions

  Q. 4-1 What is the rationale for government to regulate business and what are the  economic, competitive and social reasons for this regulation?  Q. 4-2 How do global regulations influence US businesses operating internationally and what are the major costs and benefits of such regulation?  Q. 4-3    In your opinion, do the benefits outweigh the costs or do costs outweigh benefits (explain)?  Q. 4-4 Describe the approaches corporations can take to influence government. Give one strength and one weakness of each.           Make sure you number each question, but you don't need to re-copy the question.  Answers submitted without question numbers will not be graded. No short answers!