Regulators Need to Strike a Balance When Setting the Size

question 17

True/False

Regulators need to strike a balance when setting the size of penalties for non-compliance so that courts will not be reluctant to impose sanctions on firms who fail to meet the standard.

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Definitions:

Internal Supply

Refers to the resources, capabilities, and competencies that are available within an organization, which can be utilized to achieve strategic objectives.

Retrained

The process of teaching employees new skills or refreshing their existing skills to meet the current demands of their job or prepare for new job roles.

HR Supply

The availability of qualified candidates, both internally and externally, to meet the human resources needs of an organization.

Employee Turnover

The rate at which employees leave a company and are replaced by new hires, often used as an indicator of the work environment and employee satisfaction.