Which of the Following Is an Example of Adam Smith's

question 4

Multiple Choice

Which of the following is an example of Adam Smith's view of the business world?

• A)A small local store treats its workers well to preserve the goodwill of the community.
• B)A U.S.-based manufacturing company opens a plant in a developing country to save labor costs.
• C)A multinational corporation ignores its environmental issues in Asia because its consumers are in Europe.
• D)A business fails to pay its workers adequately because, despite complaints from the workers, lower pay is more profitable.

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing thoughts, motivations, and behaviors across situations and time.

Dizygotic Twins

Also known as fraternal twins, they are siblings that develop from two different eggs fertilized by two different sperm, sharing about 50% of their genetic makeup.

Fertilized Eggs

The result of a sperm cell merging with an egg cell, marking the beginning of a new organism's development.

Genetic Influences

The impact of genes inherited from parents on various aspects of an individual’s physical traits, behavior, and predisposition to certain conditions.