regulatory bodies

How Do Regulatory Bodies Influence Business Operations?

Regulatory bodies influence business operations in several key areas:
Financial Reporting: Agencies like the Securities and Exchange Commission (SEC) ensure that companies provide accurate and transparent financial information.
Workplace Safety: Organizations such as the Occupational Safety and Health Administration (OSHA) set and enforce standards to ensure safe working conditions.
Environmental Protection: The Environmental Protection Agency (EPA) regulates activities that impact the environment, compelling businesses to adopt sustainable practices.
Consumer Protection: Agencies like the Federal Trade Commission (FTC) protect consumers from fraudulent and unfair business practices.

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