The Effectiveness of Regulation Is Sometimes Criticized Because

question 78

Multiple Choice

The effectiveness of regulation is sometimes criticized because

• A) regulators try to please everybody.
• B) of the high profits in regulated industries.
• C) regulators don't know how to regulate industries.
• D) regulators usually have been closely associated with the industries they regulate.

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Definitions:

Employee Feedback

Information provided by employees about their job experience, organizational culture, and the behavior of colleagues and supervisors, used for improving work environment.

Nonunion Representation

Representation of workers' interests and concerns in the workplace without the formal structure and bargaining power of a union.

Labor Advocates

Individuals or groups that actively support and promote the rights and interests of workers and labor unions.

Business Environment

The combination of external and internal factors that influence a company's operating situation, including economic, legal, political, and social conditions.