Describe the penalties the business is likely to face


Questions:

Address the following in 2 pages:

• Identify a business situation in which regulatory compliance is required.

• Explain what steps the business should take in order to comply with the requirements of the regulation.

• Describe the penalties or other consequences the business is likely to face if it does not comply with the requirements of the regulation.

• Give reasoned support for your answers.

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Business Management: Describe the penalties the business is likely to face
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