Can Government Regulation Be Constructed to Be More Efficient - Essay Example

The government regulation dictates the manner in which adequate funding mechanisms will form a part of the very activities. The manner in which the government regulation comes about is a very pivotal topic and one that gains much significance whilst making regulatory decisions. Government regulation is quintessential as it paves the way for linking a positive rapport between the government and the varied public within the domains of the society. Thus the manner in which the government regulation is manifested is important towards the overall application of the same within the society’s regimes.

(Hedley, 1999) From the business perspective, the element of taking decisions that assist within the industrial domains becomes important as this would mean that the business has to follow the directives as outlined in the government regulation. If the business fails to comply with the same, the state could ask for castigation and/or heavy fines so as to reimburse the same to the stakeholders of the very business.