During the 1980s and 1990s, Many Large Correctional and Community

question 71

Multiple Choice

During the 1980s and 1990s, many large correctional and community supervision agencies adopted new policies that were known as a:

• A) rehabilitation management system.
• B) reformation management system.
• C) risk management system.
• D) strategic management system.

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Definitions:

Collusion

An agreement among firms to limit competition, set prices, or control production in order to increase profits.

Antitrust Authorities

Antitrust authorities are government agencies tasked with implementing and enforcing laws to promote competition and prevent unfair, monopolistic practices in the marketplace.

Firm's Profit

The financial gain achieved by a company, derived from its revenues after subtracting all expenses.

Nash Equilibrium

A state in strategic interactions where each participant's chosen strategy leaves them with no incentive to deviate, given the choices of others.