If a Company Strictly Complies with Existing Laws, the Firm

question 3

Multiple Choice

If a company strictly complies with existing laws, the firm will

• A)fulfill all business ethics obligations.
• B)fulfill no business ethics obligations.
• C)fulfill some business ethics obligations.
• D)not need to fulfill any business ethics obligations.

---

Definitions:

Economic Growth

A growth in the ability of an economy to generate goods and services over different time periods.

Privatizing

The process of transferring ownership of a business, enterprise, agency, or public service from the government to private individuals or organizations.

Direct Foreign Investment

Capital placement by an individual or company from one country into the commercial interests or assets in another nation, by means of initiating business processes or acquiring company assets.

Auto Production Facility

A manufacturing plant where vehicles are assembled from components, typically involving automated processes and a workforce.