Industry is ahead of government regulators in the field of E-business

Industry is ahead of government regulators in the field of E-business? Please explain whether this statement is correct or incorrect and why? Please support your views with desk research. Write around 7 pages.
Evaluation and Marking Scheme for Individual Assignments
1-What is the issue, problem, event?
2-What are the causes of these problems, issues?
3-Can these issues, problems could have been solved in different ways?
4-If so, How?
Explain with a plan with supporting information collected from both online and offline sources.
5-Is there any other similar issues, events, examples that might be used as a comparison or yardstick with your subject?
6-What is the situation right now?
7-What are your expectations for the future?
Marking
Total
Content Marking
100%
Ability to understand the issues, problems, solutions
40%
Academic Research, Discourse Skills
40%
Basic Writing and Proper Referencing
Skills
20%
90-100 The writer shows outstanding understanding and content knowledge.
The reader understands the issue completely; if there are any mistakes they do not interfere with the meaning.
There is a clear logical argument, with the points well-ordered and fully supported. It responds appropriately to the issues with academic search and update.
Pleasingly broad range of sentence structure and vocabulary is used, references and subjects updated properly and presented in excellent shape.
80-85 The writer demonstrates sound basic knowledge and understanding of the relevant area.
The reader understands the issue, although some sections need to be investigated more than once.
The answer responds more or less to the issues investigated. The use of supporting evidence, illustration and argument is relevant but not necessarily sufficient.
There is a good range of sentence structure and vocabulary with a number of minor errors in referencing and updating the subject and presented in an acceptable shape.
70-75 The writer does little exhibit adequate basic knowledge of the topic area.
The reader has difficulty in understanding the issue,
A point of view is presented, but it is not clear. Attempts to include supporting evidence, illustration or argument are made without proper academic search.
There are noticeable presentation errors, these significantly interfere with the reader understanding the issues
60-70 The writer does not exhibit basic knowledge of the topic area
The reader has difficulty understanding the issue, although there are little signs of meaning breaking through.
The argument does not progress smoothly. Main points and supporting material are not clearly distinguished from each other.
The presentation is not properly done, literature search is not evident.
60-50 The writer shows no evidence of knowing the relevant content.
The reader can hardly understand the issue at all.
The ideas or facts presented have little apparent relation to each other or to the issues covered .
Errors in presentation, structural problems, no evidence of literature search or supporting materials..
0 1. The answer is copied or substantially copied from materials or other sources.
2. Non-attempt

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Rating:
5/
Solution: Industry is ahead of government regulators in the field of E-business