In What Way Can Government Corporations Be Considered Useful to the American

question 125

Multiple Choice

In what way can government corporations be considered useful to the American public?

• A) They help economically disadvantaged citizens by providing services at lower fees than the private sector.
• B) They undermine the private sector.
• C) Both of the above
• D) Neither of the above

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Definitions:

Business Ethics

Ethics in a business context; a consensus of what constitutes right or wrong behavior in the world of business and the application of moral principles to situations that arise in a business setting.

Corporate Policy

Guidelines or principles set by a company to direct the actions and decision-making of its employees and management.

Outcome-Based Ethics

An ethical framework that focuses on the results or consequences of actions to determine their moral value, rather than the actions themselves.

Potential Benefits

The possible advantages or positive outcomes that may result from a particular action or policy.