The three main values that are the basis for regulatory administration are ______.
A) procedural fairness, efficiency, and policy achievement
B) procedural fairness, sound decisions, and efficiency
C) procedural fairness, sound decisions, and policy achievement
D) sound decisions, policy achievement, and efficiency

Question

Quizplus · Accepted Answer

Procedural fairness is important in regulatory administration to ensure that the process is transparent and unbiased. Sound decisions refer to the need for decisions to be based on accurate information and sound reasoning. Policy achievement is important because regulatory administration is ultimately aimed at achieving policy objectives. Therefore, the three main values that are the basis for regulatory administration are procedural fairness, sound decisions, and policy achievement. Efficiency is also important, but it is not one of the three main values.

The Three Main Values That Are the Basis for Regulatory