Self-regulation refers to
A) governmental guidelines that suggest what is legal and ethical and what is not.
B) a self-imposed set of rules set by a specific industry watchdog group that dictates legal and ethical behaviors.
C) an alternative to government control where an industry attempts to police itself.
D) voluntary compliance to governmental rules and regulations set for a specific industry.
E) a set of rules created and enforced by the FTC to which all members of an industry voluntarily agree to comply.

Question

Quizplus · Accepted Answer

Self-regulation is when an industry or sector creates and enforces its own rules and standards without external government intervention, essentially policing itself.

Self-Regulation Refers to