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REGULATORY FORCES: Forces in the marketing environment that depend on various government regulatory agencies that impact how an organization operates on a daily basis. An example is the Federal Trade Commission (FTC), which monitors advertising, deceptive labeling, and false or misleading information. Agencies such as the FTC have powers to enforce regulations through fines and other penalties. Other regulatory agencies are: Food and Drug Administration (FDA), Federal Communications Commission (FCC), Environmental Protection Agency (EPA), and Consumer Product Safety Commission (CPSC).
Visit the GLOSS*arama
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Lombard Street is London's equivalent of New York's Wall Street.
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"The roots of education are bitter, but the fruit is sweet." -- Aristotle, Greek philosopher
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MRS
Marginal Rate of Substitution
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