When a Company Chooses What Principle to Follow on Issues

question 94

True/False

When a company chooses what principle to follow on issues of ethics and social responsibility, there are two common philosophies to use as guides: let the free market and legal system decide or let individual managers and companies choose.

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Definitions:

Rescorla

A significant figure in psychology, known for his work with Robert A. Wagner on the Rescorla-Wagner model of classical conditioning, focusing on how stimuli are associated.

Unconditioned Response

A natural, automatic reaction to a stimulus that occurs without prior learning or conditioning.

Stimulus Discrimination

The ability to distinguish between different stimuli, learning to respond to one stimulus but not to similar others.

Chihuahuas

A small dog breed originating from Mexico, known for its small size, big ears, and spirited personality.