Information Processing Theory.
Information processing theory is described as a perspective by which developmental psychologists compare the processing of information by humans to the processing of information by computers. By doing so, it describes how information is being received, processed, stored and retrieved by the individual's brain in the learning process.
(I'll try to do it in 2-3 sentences).
First, the government will influence my relationship with my employees by creating a safety standard that I should follow when cresting business.
Second, the government will influence my budgeting since they can create minimum wage laws that determine how much money I can spend on my employees.
Third, the government will create a safer competition by banning strategies or business proactive that can directly hurt other people
Answer: Both approach
Explanation:
This boils down to opinion of the masses as individuals choices differ, as most voters combine both retrospective and prospective approach when selecting their choice candidate. Some judge based on past performance of the candidate; was he successful to handling projects and Co? while others choose based what the candidate is promising to fulfill when they get into office.
Although some persons are more confident on past success of a candidate, some others would love to see changes that come with the new candidate.
