Final answer:
The manager's role is to find a balance between the consequences of new rules or regulations by considering the needs and interests of both the business sector and consumers.
Step-by-step explanation:
The manager's role in seeking a balance between the consequences of newly implemented rules or regulations is to consider the redistribution of costs and benefits and play the "commitment vs. avoidance game." This means that the manager needs to weigh the potential gains and losses for both the business sector and consumers. By balancing the interests of both parties, the manager can find a solution that minimizes negative consequences while maximizing positive outcomes.
For example, imagine a manager who works in a restaurant. They need to consider implementing new regulations on food safety to protect consumers. However, these regulations may increase costs for the business. The manager's role is to find a balance by implementing processes that ensure food safety while minimizing the financial burden on the restaurant. This could involve training staff, monitoring procedures, and finding cost-effective solutions.
In summary, the manager's role is to find a balance between the consequences of new rules or regulations by considering the needs and interests of both the business sector and consumers. This involves redistributing costs and benefits and making informed decisions that minimize negative consequences while maximizing positive outcomes.