Corporate Codes of Conduct Are Generally

question 2

Multiple Choice

Corporate codes of conduct are generally:

• A) established as a result of collective bargaining agreements
• B) established by government regulations and labor standards
• C) made voluntarily by individual corporations
• D) required by mandate of industry or employer associations

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Definitions:

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at a given price.

Tax Revenue

Income that is gained by governments through taxation, used to fund public services and government obligations.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded, typically downward sloping to the right.

Tax

Mandatory monetary contributions or taxes levied by a government on people or organizations to support government spending.