Adhering to a set of guidelines, such as a policy, standard, specification, or regulation, is known as compliance.
Strong corporate governance, the structure of rules, regulations, and business practises managed by senior management, is a prerequisite for compliance. Corporate governance, put more simply, is the process by which a company makes choices.
In order to ensure accountability, impartiality, and transparency with their stakeholders, organisations must determine which rules and guidelines apply to their firm. In other circumstances, compliance is required. In the contemporary business environment, a compliance management system is crucial for helping an organisation handle all of its compliance requirements.
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an ideal corrective subsidy equals the external ____________ from an activity with a _____________.
The ideal corrective subsidy equals the external cost from an activity with a negative externality. A negative externality is a situation where the activity has a negative effect on a third party, such as air pollution. The corrective subsidy is a payment by the government to the third party in order to offset the cost of the negative external effect.
For example, if a manufacturing plant is generating air pollution, the government may provide a corrective subsidy to the local communities affected by the air pollution. This would offset the cost of the negative external effects of the plant.
The ideal corrective subsidy would be the exact amount needed to cover the external costs of the activity, so that the third party is not negatively affected by the activity. This could help to ensure that the activity is not causing any harm to the environment or to people, as well as ensuring that the activity is economically viable.
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when her new kitten jumps onto the counter, janice sprays it with water in the hopes of teaching it to stop doing that. this is an example of:
When her new kitten jumps onto the counter, Janice sprays it with water in the hopes of teaching it to stop doing that. This is an example of positive punishment.
What is positive punishment?Positive punishment, also known as punishment by application, is the addition of something unpleasant after an undesired behavior in order to reduce its likelihood. The objective of positive punishment is to lessen the frequency of a negative action.
What is Janice's aim in spraying her kitten with water?Janice sprays her kitten with water because she wants to discourage it from jumping on the counter. She believes that her kitten will recognize the water's unpleasant feeling and avoid jumping on the counter in the future. She is using a form of positive punishment to train her kitten to act differently in the future.
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