Activity 1 The role of government in promoting business ethics *Discuss the different ways that government can encourage businesses to behave ethically, such as through laws and regulations, enforcement mechanisms, and incentives *Give examples of specific government initiatives that promote ethical behavior in businesses *Present arguments against government intervention in business ethics, such as the potential for excessive regulation and bureaucracy, the risk of stifling innovation and competition, and the potential for regulatory capture and corruption *Discuss potential solutions to address these concerns, such as improving regulatory transparency, increasing public participation in the regulatory process, and providing incentives for businesses to self-regulate.