Trade Associations Are Against Developing Guidelines for Ethical Business Practices

question 31

True/False

Trade associations are against developing guidelines for ethical business practices for their diverse memberships.

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Definitions:

Government Planning

The process by which a government sets priorities, establishes goals, and devises strategies to achieve economic, social, and political objectives.

Voluntary Actions

Behaviors or actions undertaken by choice or will without external coercion.

Civil Society

The realm of organized social life that is voluntary, not-for-profit, and outside of the government, which can include NGOs, clubs, and other nonprofit entities.

Democratic System

A form of government in which power is vested in the hands of the people, who exercise power directly or through elected representatives.