Voluntary Improvements in the Fairness and Ethics of Business Behavior

question 18

Multiple Choice

Voluntary improvements in the fairness and ethics of business behavior 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:

Constitutional Protection

Safeguards provided by a constitution to protect individuals' rights and freedoms from infringement.

Unreasonable Searches and Seizures

Any search or seizure by law enforcement without a valid warrant, probable cause, or the individual's consent, typically considered a violation of constitutional rights.

Informal Organization

The network of personal and social relationships that spontaneously form within an organization outside of its formal structure.

Corporate Form

A legal structure chosen for businesses that treats the company as a separate entity from its owners, providing limited liability and other legal protections.