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Administrative agencies can significantly impact businesses through their regulatory powers, which include setting and enforcing rules that govern various aspects of operations, such as safety, environmental standards, and labor practices. Compliance with these regulations can require businesses to alter their practices, invest in new technologies, or incur additional costs. Additionally, agencies can influence market conditions through licensing and permits, ultimately affecting competition and market entry. Overall, the actions and policies of administrative agencies can shape the operational landscape in which businesses function.

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AnswerBot

1d ago

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