What role do you believe government regulation should play to ensure ethical conduct by businesses? How do different political viewpoints potentially shape the answer to this question?

The government’s role in regulating ethical conduct by businesses should be an educational and oversight role. The government should set forth rules and regulations for all businesses to follow ethical behavior practices. Give businesses the tools and possibly literature, as a whole, so all businesses know how to train their employees and what is expected of them. It is up to businesses to hire people with great character who will not only follow the rules but carry themselves in a manner that is in line with the companies goals and motto. Only when an employee of the business acts outside of the rules and regulations set forth by the government should the government get involved. They might get involved to find out if the act was an isolated event or an ongoing problem that needs to be addressed. If found to be an ongoing problem, then the government should apply the necessary penalties to fit the act. In most cases, the unethical acts are isolated events that require only the business to get involved and remedy the situation. “On the flip side, business leaders must also apply appropriate sanctions for bad or illegal behavior”(Seaquist, 2012).