Research into New Technologies

question 534

Multiple Choice

Research into new technologies

• A)provides positive externalities because it creates knowledge others can use.
• B)results in negative externalities because government funding for research causes less government spending in other areas.
• C)is protected by patent laws, which eliminates the need for government intervention.
• D)should only be funded by the corporations that will receive the profits from the research.

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Definitions:

Corporate Behaviour

Refers to the actions and policies of a company, influencing its culture and external perceptions.

External Regulations

Rules, laws, and guidelines imposed by external entities that an organization must comply with.

Ethical Responsibility

The duty to act in a morally correct manner, both individually and within a professional or societal context.

Corporate Behaviour

The actions, attitudes, and values demonstrated by a company and its employees, which influence its reputation and culture.