Which Statement Is CORRECT About the Janata and Janata Dal

question 3

Multiple Choice

Which statement is CORRECT about the Janata and Janata Dal parties?

• A) The Janata Dal is successor to the Janata Party.
• B) Neither the Janata Party nor the Janata Dal has ever been a member of a governing coalition at the national level.
• C) When the Janata Dal merged with the BJP in 2013, some of its members formed the new Janata Party.
• D) The Janata Dal is the state-level counterpart to the national Janata Party.
• E) The Janata Party emerged in the 1990s as an opponent of economic liberalization.

Distinguish between various antitrust laws and the specific business behaviors they regulate, including the Sherman Act and the Clayton Act.

Analyze the application of the rule of reason and per se illegality to antitrust cases.

Identify the key factors considered in competition law such as determining relevant markets, analyzing mergers, and assessing monopolistic practices.

Understand the procedures and consequences of enforcement of the Sherman Act, including both private and governmental actions.

---

Definitions:

Decentralization

The distribution of decision-making powers from central authority to individuals or units at lower levels within an organization or state.

Responsibility Accounting

The process of measuring and reporting operating data by areas of responsibility.

Responsibility Centers

Parts of an organization treated as separate entities for managerial accounting and performance measurement, each responsible for its own revenues, expenses, and investment funds.

Decentralized Business

A business model where decision-making and operational activities are distributed across different locations or departments, rather than centralized in a single location.