With respect to regulating marketing deception, a key advantage of self-regulatory programs is the fact that they are:

Question

Quizplus · Accepted Answer

Self-regulatory programs are generally less costly and more practical to implement than government regulations because they are designed and enforced by industry groups, which can act more quickly and efficiently than government agencies. Additionally, self-regulation may be less adversarial than government regulation, as industry groups are more likely to view their role as supporting, rather than policing, their members. While self-regulation may be less strict than government regulation in some cases, it can still be effective at addressing marketing deception by setting clear standards and enforcing them through public scrutiny and peer pressure. Enforcement can be challenging regardless of whether regulation is done by industry groups or government agencies, so it is not accurate to say that self-regulation is necessarily easier to enforce. Finally, self-regulatory programs may or may not be tied to state and local regulatory agencies depending on the specific program and the industry in question.

With Respect to Regulating Marketing Deception, a Key Advantage of Self-Regulatory