Administrative Agencies-Like the Securities and Exchange Commission,the Federal Trade Commission,and

question 37

Essay

Administrative agencies-like the Securities and Exchange Commission,the Federal Trade Commission,and the Food and Drug Administration-make rules.What are the two basic types of rules called,and how bind?ing are they? What must an administrative rule NOT do?

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Definitions:

Horizontal Communication

The exchange of information between individuals or groups at the same level within an organization.

Lateral

Referring to interactions or relationships that occur at the same level of hierarchy within an organization, as opposed to vertical, top-down relations.

Department Heads

Individuals responsible for overseeing specific departments within an organization, ensuring their team's performance aligns with company goals.

Communication Networks

A framework for how messages are transmitted and received within an organization, encompassing various modes and channels of communication.