Regulatory administration revolves around ______.
A) democracy, efficiency, and the Constitution
B) economy, efficiency, and equitability
C) procedural fairness, substantive correctness, and achievement of goals
D) right, wrong, and areas of uncertainty

Question

Quizplus · Accepted Answer

Regulatory administration must balance procedural fairness, substantive correctness, and achievement of goals in order to effectively regulate various industries and protect the public. Democracy, efficiency, and the Constitution (A) are important values, but do not necessarily capture the full scope of regulatory administration. Economy, efficiency, and equitability (B) are important goals, but must be balanced with other values in order to ensure fair and effective regulation. Right, wrong, and areas of uncertainty (D) are too broad and vague to capture the specific goals and values of regulatory administration.

Regulatory Administration Revolves Around ______