Marketing
Marketing
14th Edition
ISBN: 9781259924040
Author: Roger A. Kerin, Steven W. Hartley
Publisher: McGraw-Hill Education
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Chapter 18.5, Problem 18.14LR
Summary Introduction

To differentiate: Self-regulation and government regulation.

Introduction:

Regulation is a rule or principle engaged in directing, organising, managing, and controlling the activities. Sometimes, the government or an organisation will set specific rules and regulations, which must be followed by the other members.

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