Question

2. If a company complies with government regulations, it incurs A. reputation costs. B. court costs. C. implementation costs. D. fines and penalties.

Answer 1

If a company complies with government regulations, it incurs implementation costs. When a company decides to agree and follow new regulations, it will have to implement them into their organization. By implementing them, they are making changes within their organizations processes and therefor having costs associated with the changes.