Question 2 Compare and contrast command and control against incentive-based regulatory philosophy.

Question 2
Compare and contrast command and control against incentive-based regulatory philosophy. How would the corporate ethics of a company that would be better regulated under a command and control differ from those of a company that would be more effectively regulated by an incentive-based approach?
Discuss your thoughts on the concept of corporate environmental responsibility. What should businesses be expected to do to minimize damage to public health and the environment? Do you think businesses can be trusted to be good public citizens, or is a command and control based regulatory approach necessary?
Discuss the role of the Institutional Review Board (IRB) and the Institutional Animal Care and Use Committee (IACUC) in ensuring the protection of human and animal test subjects. What are the main criteria the IRB and IACUC use to evaluate the ethics of a research protocol? Do you feel that these criteria are sufficient?
Command and control regulatory approach utilize two ways to motivate people to change theirways by both setting rules and regulations and penalizing those who go against the set rules.The two…

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