Task: In today's competitive business climate, achieving long-term business success has become more difficult. For example, changes in technology cause the demise of technology manufacturers, and changes in the supply of oil and the resulting price of gasoline can have an impact on auto companies that focus on gas guzzlers.
For your current employer or any company for which you have knowledge, answer the following questions:
Question 1: What are two governmental regulations that have made or may make the company less successful going forward? Explain (in detail) why.
Question 2: Is there any way that these unfavorable regulations could be turned in the company's favor and give it a competitive advantage? Be specific in your answer.