Taking voluntary action in the latency stage can reduce the amount of regulation an industry faces.

Question

Quizplus · Accepted Answer

The latency stage is typically a time when industries and businesses can take voluntary action to self-regulate and demonstrate their commitment to responsible practices. By doing so, they may be able to reduce the amount of external regulation they face from government agencies or other stakeholders.

Taking Voluntary Action in the Latency Stage Can Reduce the Amount