In 1996,passage of the Small Business Regulatory Enforcement Fairness Act

question 82

True/False

In 1996,passage of the Small Business Regulatory Enforcement Fairness Act provided small businesses with some relief from government regulation.

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Definitions:

Quality Standards

Established benchmarks of excellence and guidelines that dictate the expected level of product or service performance within an industry.

Standard Production Time

The set amount of time expected for the completion of a specific task or the manufacture of a product under normal conditions.

Desired Outcome

The specific result or achievement that a person or organization intends to accomplish through a certain process or activity.

Link Performance Pay

A compensation strategy that ties salary or bonuses to the achievement of specific performance metrics or objectives.