Federal marketing commission (FMC)
Federal marketing commission is an independent agency of the government that is entitle the duties of maintain and regulation the trade or marketing activities within the local business entities and the international organization. It ensures there is a free and fair ground for healthy competition between the organizations within a business set up. The organic statute of the agency states that the organizations involve in the business should follow the legal procedures of formation in order to legal operate their businesses. It thus advocates that all the organization should summit their registration documents to the commission for certification before enroll in any activities. This ensures that all organization in the industry has the same advantage and is accountable to the commission in case it causes any casualties to the society in the due process of their activities.
The other major responsibility of the agency is to regulate the activities of the institutions. It creates of policies and by-law that needs to be enforced such as, the antitrust laws which protects the customer or consumer from being exploited by the organization. It monitors the supplies and services offered to public and sensitize the people on the right goods and services. It also warns all potential customers on the dangers associated with certain products and service that have not been certified by the commission. It therefore implies that the federal marketing commission has the duties of educating the public and those in the market share on the importance and measures to be taken in order to improve or enhance healthy competition both locally and internationally. The main purpose of the independent agency is to ensure trade is conducted according to the set standard hence discourage the supply of harm products to the society. In other terms development of the independent agency has appositive effects to the society in the sense that it maintains the safety of the people in terms quality of products and services being rendered to the society and the kind of competition that is in existences in the market share.
The federal marketing commission has come up with rules that ensure all the set goals and objectives are achieved. These rules give the federal commission the mandate to carry a thorough investigation of any organization or business entities which is allege to have ethical misconduct or has violated the business and marketing set regulation. The rule of Federal marketing commission includes; all trading practices should be conducted in registered organization or certified people. It should deal with goods and service which up to the commission’s standards. The business should maintain a healthy competition bearing in mind the safety of their consumers. In a marketing perspective, all the organizations are subject to specific policy that determines and regulate the prices for their product to prevent exploitation of the public. In addition, the independent agent requires that all registered and active organization should adhere to the set rules and policies. Failure or violation of any of the rules attracts a variety of penalties. For instance operating a business without registration document or certification of the commission would be referred to as criminal offense therefore upon the court order the business would be terminated and the alleged party would received an equivalent punishment for the offence. According to the administrative procedure act the agency is recommended to consult with the concern parties before any amendment of the rules takes place. It thus means that federal marketing commission hold meeting with the concern organization or the representative of union for the organization for effectiveness of the rules as stated in the code section 1136.1 of the administrative procedure act.
Federal marketing commission would have to thorough examined its rules and regulation. After satisfaction of the information contain in the rules and regulation the agency goes ahead to publish their proposal and the rulemaking in the specified federal register in accordance to the administrative procedure act. The purpose of the publication is to ensure the public gets an opportunity to comment or response to the notice. The administrative procedure act states that the rules of a federal agency have to be delayed for 30 days. Federal marketing commission laws and regulation are made under the administrative therefore the rules must experience a delay of 30 days for it to become effective.
The rule implicated or ensure that all organizations in the market are responsible for the well being of the people by offering or dealing with goods and services of high quality and meets the set standards. The rules check on the entire marketing concept and maintain the balance of the activities taking place. It is done to protect both small and large scale institution from being outshined from the market. On the other, the major implication of these rules in the federal marketing commission is to monitor the activities of all participants in the business to eliminate any form of vagueness in their operation. The rules serve as a mechanism that discourages exploitation of the public through sales of low quality and harmful goods and services. It common case that majority of the small groups in business gets frustrated by the large firms therefore the rules of independent agency harmonizes the situation by protecting the small groups.
The 12 considerations an agency the federal marketing commission outline a lot of merits and positive effects. The first merit of the agency is that it identifies the challenges affecting the society and the less privileged groups in business and development suitable measures to curb or prevent the condition. The fact that the agency would be guided by the certain regulations it is therefore required to examine the effects of the laws to the challenges affecting the public. It implies that self evaluation gives the agency the advantage of determining its process. The federal marketing commission has the opportunity of identifying any other available option or alternative such as offering of incentives that motivates the small groups in the market. Incentives in this include policies that favor their existence in the market share.
Executive Order 12866 recommends that independent agencies should avoid implementing incompatible and inconsistent regulations hence making them more effective and enhance their process of achieving the set goals and objectives. Another fundamental factor that assists the agency is the fact that they draft their regulations which can be easily be understood by the parties concern. This makes it simple for the people in business to a bid to the rules and regulation and be able to ease the burden imposed to the society. It’s an advantage that federal marketing commission given priority to the safety of the society.
Barry, D. D., & Whitcomb, H. R. (2005). The legal foundations of public administration. Lanham, Md.: Rowman & Littlefield Publishers.
Rosenbloom, D. H. (2003). Administrative law for public managers. Boulder, Colo.: Westview Press.