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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

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