Which of the Following Would Be the Best Example of Regulatory

question 20

Multiple Choice

Which of the following would be the best example of regulatory capture?

• A)Starbucks buys up all the available supplies of coffee beans.
• B)Nike executives influence the rules for track and field events.
• C)Federal law makers write and pass legislation that protects domestic companies from foreign competition.
• D)Executives from the Ford, General Motors, and Chrysler companies write the rules regulating automobile safety and fuel requirements.

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Definitions:

Cynical

An attitude of skepticism or distrust towards people's motives or integrity, often believing that human actions are motivated purely by self-interest.

Popular Management Programs

Widely recognized and implemented courses or software designed to improve management skills and business operations.

Major Change

Significant alterations in the strategy, structure, or operations of an organization that affect its whole or substantial parts.

Top Management Team

The group of highest-ranking executives responsible for the strategic direction and overall performance of an organization.