QUESTION IMAGE
Question
which is a function of regulatory agencies?
encouraging business compliance
creating legislation for businesses
encouraging negative externalities
creating new business opportunities
Regulatory agencies aim to ensure businesses operate within the law and ethical standards. They enforce rules, which encourages business compliance. Legislation is typically created by legislative bodies, not regulatory agencies. Negative externalities are harmful side - effects and are not encouraged. Creating new business opportunities is not the main function of regulatory agencies.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
encouraging business compliance