Which of the Following Statements About the Boards of Independent

question 3

Multiple Choice

Which of the following statements about the boards of independent regulatory commissions is true?

• A) The boards of independent regulatory agencies are loyal to presidential preferences.
• B) Independent regulatory agencies are under the direction of bipartisan boards.
• C) To reduce undue influence, board members of independent regulatory agencies are appointed to life terms.
• D) Board members are usually nominated from the career bureaucrats within the agency and approved by the president.
• E) Because of their independence, the boards of independent regulatory commissions do not need congressional support for survival.

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Definitions:

Product Quality

The measure of a product's ability to fulfill or exceed customers' expectations, often evaluated through attributes like durability, reliability, and design.

Financial Perspective

An aspect in business strategy focusing on financial metrics like revenue growth, profitability, and shareholder value to assess a company’s performance.

Consumer Bill of Rights

A set of principles designed to protect consumer interests, ensuring they have the right to safety, to be informed, to choose, and to be heard.

Ethics of Exchange

Principles and standards that guide fair and equitable trade practices between parties in a transaction.