Cause and Effect of Deregulation of the Motor Carrier Industry The motor carrier industry has been regulated since the creation of the Motor Carrier Act of 1935‚ which was an amendment to the Interstate Commerce Act. The intended purpose of regulation is to restrain exorbitant prices‚ ensure sufficient profits for expansion‚ prevent unequal bargaining power‚ and to protect public interest (Parming‚ 2012‚ p. 23). However economists and academicians contend that the motor carrier regulatory structure
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. The company’s macro-environment consists of six major forces that impact on organizations. The six major forces are demographic trends‚ economic trends‚ natural trends‚ technological
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|[pic] |Course Syllabus HCS/490 | | |College of Nursing and Healthcare Programs | | |Health Consumer-Trends and Marketing | Copyright © 2010‚ 2009‚ 2005‚ 2003‚ 2002 by
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On his way to a meeting‚ Mr. Mzee boards a matatu plying his route. The driver turns the music volume up which he complains. He is ignored and his continued “nagging” leads to ejection at the next stage. He arrives late for the meeting. Back home a new neighbor who is always playing loud music has refused to heed calls to cease the habit and argues that law will not stop him as it does not work. With reference to the above scenario‚ discuss the efficacy of law as an instrument of social control
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Issue 84 Informing customers about products and services Requiring businesses to provide complete product information to customers promote various consumer interests but at the same time imposes burdens on businesses‚ government and taxpayers. On balance ‚ the burdens outweigh the benefits ‚ at least in most cases. A threshold problem with disclosure requirements is that of determining what constitutes “complete” information. Admittedly‚ legislating disclosure requirements clarifies the duties
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Government Entity Rules and Regulation A. Economic Regulations Business often adjusts their operations and their prices in an attempt to increase profits. The Philippines is one of the countries involved in the Free Enterprise System. In a free enterprise system businesses are free to produce the goods and services people need and want. But with the free enterprise what a business can and cannot do. One of the key factors affecting profit is competition. If a business has competitions (other
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The recognition of substantive legitimate expectations is to be welcomed‚ but the standard of review in such cases remains problematic. Discuss. Fairness and legal certainty are two crucial factors to be seen in decisions made by public authorities; the doctrine of legitimate expectations was first formulated by Lord Denning MR in Schmidt v Home Secretary (1969).The doctrine comes into play when a public authority makes a declaration regarding its policy‚ or the manner in which it will exercise
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Legislation Unit 2 Health and Safety The health and safety Act (1974) The act sets out the general duties that employers‚ self-employed people and those in control of premises have towards their employees and others who could be affected by the work activities. It also gives the employees the general duty to ensure the health and safety of themselves and each other. This act influences health and safety in sport as it will ensure the regulation of the quality and maintenance of the facilities
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FOI The communication structure in a country should be one which allows for a national and international balance that is beneficial to it and to its people. This could be considered as a balanced flow of information into‚ out of‚ and across the country. The press‚ and for the matter‚ the public‚ has a constitutional right to demand the examination of public records as part of freedom of information (Paterson‚ 2005). It is a public right where the parties concerned are the citizens and they can ask
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Requirement for Regulation in Privatized Industries Privatization is likely to lead to incentives for firms to pursue productive efficiency. However‚ this will not ensure allocative efficiency‚ unless regulation is introduced to ensure that competition takes place. Another policy would be to pursue a policy of deregulation. In this case‚ the government actively removes various regulations‚ for example by removing entry barriers to encourage increased competition. Once an industry is privatized
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