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Complying with consumer protection regulations increases production costs and raises prices.
Wiki User
∙ 9y ago
Smail Aitelkouch
Complying with consumer protection regulations increases
production costs and raises prices.
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What happens to the expenses involed in complying with government regulations?
passed on to the consumer
What is the role and functions of logistics manager?
A logistics manager has many roles and functions but their primary role is to manage the in or out (or both) flow of the products they send or receive. This includes securing transportation, managing sending/receiving schedules, managing labor and monetary resources, and complying with all dock and transportation regulations.
Under what economic system do all businesses operate only as direct by the government?
Under socialism the "businesses" are out and out owned by the government. Under fascism, the "businesses" are in theory private, but are controlled and licensed by the government. All governments to a certain degree have fascistic elements, as no business can be in business without complying with a variety of regulations, licenses and taxes.
What impact can government regulations have on the global economy?
there are good regulations that control greed. there are bad regulations that inhibit growth. need growth for jobs and cash flow.
How do government regulations effect economic behavior?
Effect of Government Regulations on Economic Behavior
Is not necessary for the enforcement of consumerprotection regulations?
Censorship
Is it illegal to agree to terms and conditions when you are actually not complying with their regulations?
No
Why weren't they enough life boats in the Titanic?
The Titanic was complying with the regulations of the time.
What are the possible outcomes if being procescuted for not complying with legislation and regulations?
Fines, sanctions, or jail.
Why tokyotower coloure is orange?
Tokyo Tower is orange because that is complying with air safety regulations
How do companies pay for the costs associated with complying with consumer-protection regulations?
by raising prices
What is done with the cost of complying with costumer protection regulations?
eventually passed on to consumers in the form of higher prices
What happens to the expenses involed in complying with government regulations?
passed on to the consumer
Compliance in a sentence?
Compliance is the act of complying with a command or obeying a command. The factory was in compliance with all safety regulations.
What is asserted in a compliance audit?
In a compliance audit, an organization's management asserts that the organization or individual is complying with specific laws and/or regulations.
What is done with the costs of complying with the consumer protection regulations?
Government regulations are needed but they add to the costs of complying with the regulations. Most often this results in a higher price for consumers. But that is not always the case. Companies benefit all around by cutting the costs of production with new technologies. These cost savings can at times offset the cost of regulations.
What happens if your caught driving with your permit in Michigan?
If the permit is valid and you are complying with all the regulations a check may be made and nothing will happen
