Question

In: Operations Management

What is the role of regulatory commissions? How do the courts complement that role?

What is the role of regulatory commissions? How do the courts complement that role?

Solutions

Expert Solution

Regulatory Agencies are usually main part of their executive branches for the government and required to have authority as well as functioning from the legislative branch. Regulatory authorities are essential to create proper code of conduct for the organisations as well as enforcement of the standards and safety for usage of the public goods as well as regulation of the commerce. This type of authority definitely provides a positive impact for the users and keep the organisation in control as well as limits the malfunctioning of the organisations.
Regulatory commissions are backed by courts as any dispute happened between two organisations or if any organisation is found guilty of damaging the guidelines provided by regulatory agency desperately subjected to the court. By properly judging over these criterias could provide their support and compliment to the regulatory commissions and creates a balance between creating proper judgement.


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