Total Allowable Catch (TAC)

question 271

Multiple Choice

Total allowable catch (TAC)

• A) explicitly limits the number of days in a season that particular fish may be caught.
• B) explicitly limits the number of boats allowed to fish in a particular area.
• C) explicitly limits the number or tonnage of fish that can be harvested from a particular fishery.
• D) issues tradable permits limiting the number of fish a particular fisher can catch.

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Definitions:

Innovation and Learning

The process of implementing new ideas, creating dynamic products, or improving existing services to meet market demands and learning from the process.

Customer Satisfaction

A measure of how products or services provided by a company meet or surpass the customer's expectations.

Controlling in Organisations

The management function concerned with monitoring activities to ensure they are being completed as planned and correcting any significant deviations.

One-Time Activities

Tasks or events that are intended to be done or occur only once within a given timeframe.