Final answer:
Regulatory agencies that establish guidelines for organizations are called government regulators, involved in maintaining market integrity and consumer protection. Interest groups influence policy through lobbying and are regulated to ensure transparency and prevent corruption.
Step-by-step explanation:
Regulatory agencies that establish ground rules under which organizations may operate are known as government regulators. These agencies are critical for enforcing compliance with laws and regulations, ensuring fair competition, and protecting consumers and the environment. Examples of government regulators include the Securities and Exchange Commission (SEC), which regulates financial markets, and the Federal Communications Commission (FCC), which regulates communication channels like radio and television.
Interest groups influence government policy through lobbying, which encompasses both inside lobbying, such as meeting with lawmakers to suggest policies, and outside lobbying, such as mobilizing constituents. The regulation of interest groups and their lobbying activities is meant to provide transparency, prevent corruption, and maintain a balance in representation. These regulations include requirements for lobbyists to register with the federal government and adhere to certain limitations.