Ahmed Recently Purchased a New Vehicle

question 23

Multiple Choice

Ahmed recently purchased a new vehicle.At first he was delighted with his purchase,but soon he noticed that whenever there were strong winds a high pitched whistle sound would appear.He returned the car to his dealer who stated that seeking out the cause of this sound was not covered by the warranty.Ahmed contacted the Canadian Motor Vehicles Arbitration Plan and asked them to mediate between him and the dealer.This regulatory body operates as an external,third-party stakeholder that industry and consumer groups support to resolve disputes between consumers and the automobile industry.This is an example of which form of self-regulation?

• A) Self-regulation involving stakeholders
• B) Negotiated self-regulation
• C) Mandated self-regulation
• D) Industry self-regulation
• E) Quasi-government regulation

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Definitions:

Critical Ideas

Important or influential concepts that have significant impact on thinking or practice in a particular field.

Polarization

The phenomenon in which waves, such as light waves, are restricted to certain directions of vibration, often leading to a division in opinion or a specific orientation of molecules.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Group Projects

Educational or work-related tasks undertaken by a team of individuals collaborating towards a common goal.