Safefen, a safety assurance and standards association in the country of Eilenst, made it mandatory for all the toy manufacturers in the country to display the recommended age limit for each toy on its cover. In the context of the specific environment, this scenario best illustrates the effect of the _____ on organizations.

Question

Quizplus · Accepted Answer

The scenario shows that the organization is affected by an industry regulation component, as Safefen is a safety assurance and standards association that has made it mandatory for toy manufacturers to display the recommended age limit. This is an example of external regulations that impact the operations of the organization.

Safefen, a Safety Assurance and Standards Association in the Country