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“The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in this business-driven society” ("Five Areas of Government Regulation of Business," 2010). Therefore, it is always wise for legal practitioners, compliance officers and the savvy business stakeholders and owners to stay ahead of applicable regulations and employ the measures that would enable them stay in compliance. Nonetheless, all companies are held to similar standards of amenability and adherence to regulations, rules and statues aimed at protecting safety, health, impartiality and a competitive business setting (Poutziouris & Chittenden, 2003). Romans 13:1-3(ESV), “Let every person be subject to the governing authorities. For there is no authority exceptfrom God, and those that exist have been instituted by God. Therefore, whoever resists the authorities resist what God has appointed, and those who resist will incur judgment”. References
Five Areas of Government Regulation of Business. (2010, June 11). Retrieved from Kirkpatrick, C. H., & Parker, D. (2007). Regulatory impact assessment: Towards better regulation?. Cheltenham, UK: Edward Elgar.