Voluntary Improvements in Value Choices and Business Ethics Are

question 9

Multiple Choice

Voluntary improvements in value choices and business ethics are:

• A) less effective than those brought about by government regulation.
• B) less costly and intrusive than those brought about by government regulation.
• C) virtually nonexistent in corporate America.
• D) more common in third-world countries than in the United States.

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Definitions:

Agribusiness

The business sector encompassing farming and farming-related commercial activities, involving the production, distribution, and marketing of agricultural goods.

Government Policies

Rules, regulations, and actions taken by a government to control or influence its country's economy or society.

Price Subsidies

Financial assistance provided by governments to lower the cost of goods or services, making them more accessible to consumers.

Income Subsidies

Income subsidies are financial assistance programs provided by governments to individuals or households to help them afford essential needs, thereby increasing their income.