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The Issues That Came Up in the Quizlet/Texas Christian University

question 122

Multiple Choice

The issues that came up in the Quizlet/Texas Christian University cheating scandal in 2018 highlighted the need for ____________.


Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of the operation increases.

Exclusive Franchise

A business arrangement granting a single entity the right to market a company's goods or services within a specified territory.

Deregulation

The process of reducing or eliminating government controls or restrictions on industries to promote efficiency and competition.

Industrial Regulation

Policies and rules implemented by governments to control or manage the activities, standards, and behaviors of industries and their participants.

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