Administrative Agencies Are Needed to Provide Specificity To

question 60

Multiple Choice

Administrative agencies are needed to provide specificity to:

• A) refer a problem or area to experts for solution and management.
• B) protect the public, especially from the business community.
• C) replace competition with regulation.
• D) develop detailed rules and regulations to carry out a legislative policy.
• E) provide services, having been arisen out of necessity.

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Definitions:

Market Segments

Subgroups within a larger market defined by their unique characteristics, needs, or behaviors, targeted with specific marketing strategies.

Neglected

Overlooked or given insufficient attention, often leading to a lack of care or maintenance.

Global Market

The international trading environment where businesses operate, sell, and compete across national boundaries.

Significant Amount

A quantity or figure that is large enough to be notable or have a considerable impact in a given context.