The Result of a Violation Found Via an Administrative Inspection

question 53

Multiple Choice

The result of a violation found via an administrative inspection typically is ______.

• A)criminal incarceration
• B)a criminal fine
• C)a civil fine
• D)a verbal reprimand

Understand the methods companies use to engage with online stakeholders.

Describe how social networks can facilitate organizational processes like staffing and collaboration.

Recognize the tools and methods for assessing brand reputation and stakeholder engagement online.

Understand the differences between types of social networks and their unique functions.

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Definitions:

Efficiency

The optimal use and allocation of resources to produce the maximum amount of goods and services with minimal waste.

Equity

The concept of fairness in economics, typically referring to ownership interest in a company or property, or the idea of justice in distribution of wealth or resources.

Command Economy

An economic system where the government controls the major aspects of production, distribution, and exchange of goods and services.

Central Planning

An economic system where all major production, investment, and distribution decisions are made by a central authority, typically the government.