What does the independent agency and Regulatory Commission have in common?

What does the independent agency and Regulatory Commission have in common? Explanation: Independent agencies and regulatory commision are both established by the government in order to set standards in a specific field of activity, or operations, and ensure that those standards are fully enforced. What do regulatory commissions do? Regulatory commissions and agencies are independent […]

Is it possible to create a utopian society?

Is it possible to create a utopian society? However, these attempts have rarely led to utopian societies because utopian societies are not possible without utopian people. It is our opinion that to create a Community based on the Highest Good For All, it is necessary that each resident also holds the consciousness of The Highest […]

Is Quran written by Muhammad?

Is Quran written by Muhammad? Muhammad did not write it as he did not know how to write. According to tradition, several of Muhammad’s companions served as scribes, recording the revelations. Shortly after the prophet’s death, the Quran was compiled by the companions, who had written down or memorized parts of it. Who actually wrote […]

What is classical bureaucracy?

What is classical bureaucracy? What is Bureaucracy? Thus, Weber’s bureaucratic theory contributes significantly to the classical organizational theory which explains that precise organization structure along with the definite lines of authority is required in an organization to have an effective workplace. What is a bureaucracy definition? Bureaucracy, specific form of organization defined by complexity, division […]

Why do monopolists engage in price discrimination?

Why do monopolists engage in price discrimination? The price discrimination is the action of charging different groups of consumers different prices. A monopolist engages in the price discrimination whenever it is possible in order to capture the consumers surplus and increases his profit. What happens when a monopolist engages in perfect price discrimination? When a […]

What was the Enlightenment in the 1700s?

What was the Enlightenment in the 1700s? The Enlightenment, also known as the Age of Reason, was an intellectual and cultural movement in the eighteenth century that emphasized reason over superstition and science over blind faith. Empiricism promotes the idea that knowledge comes from experience and observation of the world. … What was the most […]

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