Question

In: Operations Management

The question is very clear. An independent agency is governed by a board of commissioners, one...

The question is very clear.

An independent agency is governed by a board of commissioners, one of whom is the chair. The president appoints the commissioners of independent agencies with the advice and consent of the Senate, but they serve fixed terms and cannot be removed except for cause. Identify an independent agency (FTC, EPA, GAO, SEC, etc.) and justify why the president, in light of existing powers, should have greater authority to manage the federal government.

Rick grimes responded with:

The Federal Trade Commission enforces federal just and shopper protection laws by work complaints against individual corporations initiated by customers, businesses, general assembly inquiries, or reports within the media. The commission seeks to make sure that the nation's markets operate competitively by eliminating unfair or deceptive practices. The Environmental Protection Agency (EPA) works for the state and native governments throughout us to regulate and abate environmental pollution and to handle issues associated with solid waste, pesticides, radiation, and ototoxic substances. The EPA sets and enforces standards for air, soil and water quality, evaluates the impact of pesticides and chemical substances, and manages the program for improvement waste matter sites.

Federal laws need corporations that conceive to raise cash by commercialism their own securities to file reports regarding their operations with the SEC, in order that investors have access to all or any material info. The commission has powers to forestall or penalize fraud within the sale of securities and is permitted to manage stock exchanges The General Services Administration (GSA) is chargeable for the acquisition, supply, operation, and maintenance of the federal property, buildings, and instrumentality, and for the sale of surplus things. GSA additionally manages the federal motorcar fleet and oversees work centers and civilian kid care centers.

Chegg, do not respond to the first section. I want you to respond to Rick! at least two paragraphs.

Solutions

Expert Solution

A Thumbs Up! Would be really helpful for me. If you have any questions, please leave a comment and I will get back to you as soon as possible.

Rick grimes respond with

President should light of powers and have greater authority to manage federal government because this help to maintain data and prevent any disasters in the country by the Independent agencies like Federal trade commission which is an independent agency for protection to protect the business, customer liabilities, media, etc. and commission required and helpful for making sure that national markets operate competitively by eliminating unfair or deceptive practices so to prevent these practices rick grimes by reducing monopolize, advance performance, and by promoting fair competition. To protecting shopper protection laws by work complaints against individual corporations initiated by customers. Other independent agency EPA as the environmental protection agency which analyzes affection to the environment by the industrial activities and works for the state and native govt to regulate and abate environment pollution, helps into defines standards for air, soil and water quality to limit wastage from that sites and make laws by the help of state govt to minimize pollution and save the environment.

SEC security and exchange commission which targets for protecting investors, maintain fair, orderly, and efficient market and facilitate capital information. It is required in order to fully understand the present and future regulation gives confidence for investors and provides transparency in the Economy by financial working in US industries. The general services administration (GSA) is helpful for managing and support the basic functions of federal agencies and also responsible for acquiring, storing, distributing, dispose of the personal property or real properties and facilitate the work of other federal agencies and provide the property and space.


Related Solutions

The question is very clear. An independent agency is governed by a board of commissioners, one...
The question is very clear. An independent agency is governed by a board of commissioners, one of whom is the chair. The president appoints the commissioners of independent agencies with the advice and consent of the Senate, but they serve fixed terms and cannot be removed except for cause. Identify an independent agency (FTC, EPA, GAO, SEC, etc.) and justify why the president, in light of existing powers, should have greater authority to manage the federal government. Rick responded with:...
a. Very briefly explain why corporations with sufficiently diffused ownership are typically governed by a board
Consider firm organization:a. Very briefly explain why corporations with sufficiently diffused ownership are typically governed by a board of directors and why such a board typically includes members from outside of the corporation.b. Identify the three sources of cost that vertical integration is intended to mitigate or eliminate. However, no firm is completely vertically integrated, implying there is a cost to vertical integration. Identify this cost and very briefly relate it to firm size and scope.
6.1 question 16 please make answer clear Electricity bills: According to a government energy agency, the...
6.1 question 16 please make answer clear Electricity bills: According to a government energy agency, the mean monthly household electricity bill in the United States in 2011 was $109.99. Assume the amounts are normally distributed with standard deviation $17.00. Use the TI-84 Plus calculator to answer the following. (a) What proportion of bills are greater than $120? (b) What proportion of bills are between $80 and $135? (c) What is the probability that a randomly selected household had a monthly...
I must be clear; this is not a 'specific' question, but rather a hypothetical one. As...
I must be clear; this is not a 'specific' question, but rather a hypothetical one. As of now, computer physics simulations are becoming more and more advanced, and I am programming one now. I was interested in the feasibility that perhaps one could emulate quantum physics or relativity in a physics simulation. Obviously, there are many problems at first, but I think that it would be very interesting to attempt such a simulation to observe the systems in a controlled...
Describe the board structure (such as the board size and the ratio of independent directors of...
Describe the board structure (such as the board size and the ratio of independent directors of your firm) and suggest any way to improve board structure.
What is one of the principal goals of the National Association of Insurance Commissioners (NAIC)? a....
What is one of the principal goals of the National Association of Insurance Commissioners (NAIC)? a. Consumer protection. b. Standardize reserve requirements. c. Fair and orderly markets. d. None of the above.
Imagine you are one of the commissioners of the South African Competition Commission that investigated the...
Imagine you are one of the commissioners of the South African Competition Commission that investigated the anti-competitive practices in the motor vehicle car safety products sector mentioned in the extract. You have been requested to report in assignment essay format to parliament on your investigation: a) In your report on the findings, explain and discuss at a theoretical level five attributes of Oligopolies and how such a market operates with respect to decisions made on prices and output. [25 Marks]...
Select ONE organisation involved in international logistics and transportation management activities. I)Very clear identification on the...
Select ONE organisation involved in international logistics and transportation management activities. I)Very clear identification on the major components of a Balanced Scorecard (BSC) being adopted by the selected organisation. ii) Very clear discussion on the Balanced Scorecard (BSC) approach beyond traditional financial measures in conducting a strategic logistics analysis. III) Very clear explanation on the key considerations in designing and implementing a logistics management system practices by the selected organisation.
Agency theory is very prominent in the finance literature. Agency theory deals with the conflict that arises when
Agency theory is very prominent in the finance literature. Agency theory deals with the conflict that arises when a principal hires an agent to manage the principal's firm on her behalf. Which of the following statements are correct? Select one:a. The company's auditor is the agent; the shareholders of the company are the principalsb. The company's bank is the agent; the shareholders of the company are the principalsc. The shareholders of the company are the agents; the Chief Executive Officer...
Consider firm organization: a. Very briefly explain why corporations with sufficiently diffused ownership are typically governed...
Consider firm organization: a. Very briefly explain why corporations with sufficiently diffused ownership are typically governed by a board of directors and why such a board typically includes members from outside of the corporation. b. Identify the three sources of cost that vertical integration is intended to mitigate or eliminate. However, no firm is completely vertically integrated, implying there is a cost to vertical integration. Identify this cost and very briefly relate it to firm size and scope. P.S I...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT