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Ellis plans to start a business called Egg Smart,which involves producing eggs for consumers at a low price.To accomplish this,Ellis decides to comply with only the minimum safety standards.Based on virtue ethics,what is the problem with Ellis's approach?
Incorporated Cooperative
A business entity recognized by law, composed of individuals who collaborate towards mutual economic, social, and cultural interests.
Business Trust
A legal arrangement in which trustees manage assets for the benefit of beneficiaries, often used in business for tax or estate planning.
Joint Stock Company
A business entity wherein the capital is divided into shares owned by its stockholders, who share the profits and liabilities.
Investment Group
A collective of individuals or entities that pool their resources to invest in various ventures or securities.
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