Fishing Business Assignment | Homework For You
Part 1 In this assignment you will play the role of a governmental body assigned to regulate an agricultural FISHING business in Canada. You will then research one main area within this industry that requires governmental attention, oversight, and regulation THAT IS. technology and innovation You must briefly describe why this area requires governmental regulation (i.e. is safety a major concern? does it impact the environment, thus requiring strict enforcement? Does it draw the interest and attention of the public? Is it a growing or crucial industry for Canadians?).
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Part 2: Once you have established industry and area of regulatory concern, you will discuss how performance-based and prescriptive regulations may impact or affect this area by comparing and contrasting these regulation types. Your analysis should cover enforcement and compliance, environmental concerns, flexibility or discretion, and safety. You will then critique the roles and responsibilities of the regulators by choosing which regulation type you feel will better ensure compliance in this specific area of agriculture. You must discuss your opinion on why you feel that regulation type (performance-based or prescriptive regulation) is better at achieving compliance.
Part 3: You will create one prescriptive or performance-based regulation based on your reasoning above. You will discuss why this type of regulation will ensure better compliance and what the objective is for creating this regulation. For example, will it ensure sustainable practices? Promote workplace safety? Encourage more cost-efficient production? Allow for greater innovation? Ensure global competitiveness in the market? You may also critique and explore any challenges this regulation may pose in the future for this industry such as time or cost considerations or impact on innovation. Get Business Law homework help today