What are the advantages and disadvantages of private regulation compared to imperative regulation for ensuring ethical conduct in the chemical industry?Discuss

Q1: Conduct some research on the Responsible Care programme of the chemical industry

Explain the main details of the programme.
To what extent is the programme illustrative of private regulation?

What are the advantages and disadvantages of private regulation compared to imperative regulation for ensuring ethical conduct in the chemical industry?

Would you say the programme is likely to be sufficient to ensure ethical conduct in the chemical industry? If not, what else is necessary?

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