Public disclosure of information about a factory's environmental performance to local stake holders is an example of:
A) informal regulation.
B) formal regulation.
C) unofficial guidelines.
D) transparency parameters.

Question

Quizplus · Accepted Answer

Public disclosure of information about a factory's environmental performance to local stakeholders is considered an example of informal regulation because it involves mechanisms outside of formal legal or governmental regulatory frameworks to influence or control behavior. This can include public pressure, consumer choice, or community advocacy, which are not formalized through official regulatory bodies but can still have a significant impact on how a factory operates in relation to its environmental performance.

Public Disclosure of Information About a Factory's Environmental Performance to Local