ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a rule or directive made and maintained by an authority."planning regulations”
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moral principles that govern a person’s behavior or the conducting of an activity."medical ethics also enter into the question”
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Either A or B
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None of the above
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Detailed explanation-1: -A regulation is basically a rule or directive made by an authority. Deregulation is the removal, or cancellation, of certain rules or directives. (The prefix “de-” here means “remove.") Governments set lots of regulations to create order and uniformity in a particular industry, like banking or manufacturing.
Detailed explanation-2: -What is Regulatory Role of Government? Regulatory role of government involves regulation of various business and economic activities by directing the businesses with set of controls. These regulations aim to prevent concentration of power in few hands, localization of business few areas.
Detailed explanation-3: -Regulatory requirements are rules that businesses must follow. They are invoked by designated regulators and compliance officers – those who make and enforce the rules. Also known simply as regulations, these obligations can specify different things.
Detailed explanation-4: -Directives lay down certain results that must be achieved but each Member State is free to decide how to transpose directives into national laws. Decisions are EU laws relating to specific cases and directed to individual or several Member States, companies or private individuals.
Detailed explanation-5: -Step 1: Congress Writes a Bill. Step 2: The President Approves or Vetoes the Bill. Step 3: The Act is Codified in the United States Code. Step 1: EPA Proposes a Regulation. Step 2: EPA Considers Your Comments and Issues a Final Rule. 12-Sept-2022