Self-regulatory practice is like serving Lion 50gms of meat after 10 days without any protection.It will go for a kill and Government intervention is highly required. Buying consumer goods,land and property, corporation and technology and locomotive.It is for working class, middle class , lower middle class.
Explanation:
- Self-regulatory is related to one human mind taking decision.
- In psychology it was always proven each human behavior.
- Is to dominate the other human irrelevant of there kindness.
- Business run by single owner mostly dont pay suppliers, employees well.
- If government steps in policies could be balanced for all the people.
- Government works on decision by multiple people.It does not...
- Single mind taking a decision.Consumers are cheated most of the time.
- Regulators body taking steps to curb the owners of business.
- Example Ray kroc shuck hands with real owners of MC donalds that....
- He would give royalty on a yearly basis but there was no paper work.
- Of Government just a handshake they never got Royalty.
Answer:
lack of consumer safety
Explanation:
One of the biggest unethical practices that occur during the innovation process is lack of consumer safety. The entire idea of the innovation process is to try and create something truly functional that has not been done before and release it way before any competitor can create a similar product. In this rush to create the product, producers completely ignore many obvious faults that the product may have and/or any dangers it may pose to the consumer as long as the product works as intended.
I don’t even know to be honest only commenting to get some points ....:
Answer:
Petty cash refers to a certain amount, which is kept by the company to spend it on small items related to the business.
Explanation:
The Journal entry is given below: