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- Subject
- Basic of Economicseconomics-mcqs › basic-of-economics
- Published
- 26 May 2019
- Last updated
- 28 May 2026
What are the regulations and guidelines that control the operation of an organization known as?
Multiple choice question for Basic of Economics. Select an option, then review the explanation below.
Explanation
The rules and procedures that direct how an organization is managed are referred to as bylaws. These are distinct from internal regulations, personality traits, or articles of association, which serve different purposes.
More Basic of Economics MCQs
Practice related questions from the same subject.
- 1.Which of the following best describes deflation?
- 2.Under what condition can two nations benefit from engaging in international trade?
- 3.Which of the following represents a legitimate form of currency?
- 4.Which political ideology is best summarized by the phrase, "From each according to his ability, to each according to his needs"?
- 5.Which type of currency experiences a decline in its exchange rate due to a continuous balance of payments deficit?