Answered: Political parties do more harm than…

Business Its Legal Ethical & Global Environment

10th Edition

ISBN:9781305224414

Author:JENNINGS

Publisher:JENNINGS

Chapter13: Contracts And Sales:performance And Remedies

Section13.1: Defenses In Contract Formation

Problem 3.3CQ

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Explain how “groupthink” might lead a person to ignore moral and ethical duty in an organization.
Inadequacies can be linked to the public and private sectors' incapacity to govern effectively. TRUE FALSE.
Some argue against corporate involvement in socially responsible behavior because the costs incurred by such behavior place the organization at a disadvantage in a competitive market. Discuss the merits and flaws of this argument.
When you reward the talents of society values, does it govern social and economic inequalities?
Having inaccurate financial statements that can harm society would correspond with the ethical perspective of distributive justice. Discuss
What is your insight about loss of public confidence in Gov't?
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Regulators may impose political costs on firms. However, there are ways that some firms practice to minimise such costs. Discuss with examples.
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Political parties do more harm than good in a democratic society