Safefen, a Safety Assurance and Standards Association in the Country

question 5

Multiple Choice

Safefen, a safety assurance and standards association in the country of Eilenst, made it mandatory for all the toy manufacturers in the country to display the recommended age limit for each toy on its cover. In the context of the specific environment, this scenario best illustrates the effect of the _____ on organizations.

• A) competitor component
• B) supplier component
• C) technological component
• D) industry regulation component

---

Definitions:

Design

The plan or specification for the construction of an object or system or for the implementation of an activity or process.

Feedback

Information given to a person or entity about their actions or performance, used as a basis for improvement.

Accounting Systems

Organized frameworks used for recording, measuring, summarizing, and communicating financial information of a business entity.

Collecting

The process of obtaining payments for debts owed by individuals or businesses.