To find: The correct word that completes the given sentence.
Answer to Problem 8AA
The correct word that completes the given sentence is promote.
Explanation of Solution
Regulations are significant as they provide a set of direction and instructions to the businesses to perform. It structures the operations of the business. Had regulations not been imposed on the businesses, many companies can indulge themselves in unethical practices. Therefore, government helps in promoting healthy competition through regulation.
So, the correct word that completes the given sentence is promote.
Introduction: Competition refers to the rivalry between market forces which can be companies, firms or even small sized local stores. The competition is usually between the market forces selling similar or identical goods or services.
Chapter 9 Solutions
Economics Today and Tomorrow, Student Edition
Additional Business Textbook Solutions
Principles of Operations Management: Sustainability and Supply Chain Management (10th Edition)
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Financial Accounting: Tools for Business Decision Making, 8th Edition
Horngren's Financial & Managerial Accounting, The Financial Chapters (Book & Access Card)
Operations Management
Fundamentals of Management (10th Edition)
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