Studies Have Shown That as Long as a Company Establishes

question 12

True/False

Studies have shown that as long as a company establishes a written code of ethics, it doesn't really have to actively enforce that code in order for it to be effective.

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Definitions:

General State

A term potentially referring to the overall condition of a system or entity, but is not a standard term in economics or related fields. NO.

Normative Statement

A statement that expresses a value judgment or opinion, reflecting beliefs about what should be rather than what is.

Advanced Industrial Society

A society characterized by high levels of industrialization, technological advancement, and standard of living.

Positive Economic Analysis

The branch of economics that concerns the description and explanation of economic phenomena, focusing on factual and cause-and-effect relationships.