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If government first gives voluntary guidelines to an industry but later makes the same standards compulsory, what benefit will the company that prepared early get?

Answer and explanation

Correct answer: Early compliance advantage

Voluntary guidance can sometimes indicate future rules. In exams, treat early preparation as a strategic advantage.

Related tags

Business-EnvironmentPolitical-EnvironmentClass-12ExpertPolitical EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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