Question

Safefen, a safety assurance and standards association in the country of Eilenst, made it mandatory for all the toy manufacturers in the country to display the recommended age limit for each toy on its cover. In the context of the specific environment, this scenario best illustrates the effect of the _____ on organizations.

Answer 1

industry regulation component

Step-by-step explanation:

Regulation refers to the management of complicated systems by a set of regulations and patterns. Through system philosophy, these types of rules exist in different fields of biology and culture, but according to context, the word has slightly different definitions. Industrial soul-regulation occurs in business through auto-regulatory bodies and trade organizations that enable businesses to establish and make rules with much less government intervention