The University of Toronto is evaluating its policies and procedures regarding campus safety.It decides to form a committee drawing on students,faculty members,local community members,and government to draft the policy.This is an example of which form of regulatory practice?
A)Laissez-faire market
B)Self-regulation involving stakeholders
C)Corporate self-discipline
D)Negotiated self-regulation
E)Industry

Question

Quizplus · Accepted Answer

This is an example of self-regulation involving stakeholders, as it includes various groups such as students, faculty, local community members, and government in the decision-making process for drafting the policy.

The University of Toronto Is Evaluating Its Policies and Procedures