The following must be adhered when dolng business even though Islam gives complete freedom to individuals to establish economic enterprise EXCEPT: Business should ensure no pollution to the environment Business should give fair pay to employees Business should be illegal Business should not harm the customers

Q: What countries or areas do you feel pose political risk sufficient to discourage you from doing…

A: Political risk means that the government is unstable in performing their activities. The government…

Q: Match the following  Economic Responsibility (Contribute to Society, Profit Making or Be Law…

A: The objective of the question is to match the types of corporate social responsibilities with their…

Q: 3-9. How does the Better Business Bureau encourage companies to follow its standards for commerce?

A: The Better Business Bureau (BBB) uses moral suasion to get members to comply with its standards.…

Q: how you would apply the principle of social responsibility in a Canadaian business

A: Social responsibility has become an increasingly essential concept in the business world of the…

Q: The company you work for tries to impose the legal and ethical standards of its own home country in…

A: The company you work for tries to impose the legal and ethical standards of its own home country in…

Q: Would you rather do business in a country that uses civil law or common law? Why?

A: The preference between doing business in a country that uses civil law or common law largely depends…

Q: What do you see as the role of law enforcement in the declared "war on drugs"?

A: The 'War on Drugs' is a term used to refer to a government-led initiative that aims to stop illegal…

Q: When a Western company is presented with the possibility of taking advantage of the absence of laws…

A: There are various countries across the world that are doing business these days. Almost all the…

Q: Regardless of the extent to which utilitarianism functions commonly in business decision making,…

A: Utilitarianism is close to the engineering approach of progression.

Q: Can a business operate ethically in an area that condones human rights abuses?  If so How?

A: Businesses can run ethically in a space that approves human rights maltreatments without drawing in…

Q: The term refers to a business's obligation to maximize its positive impact and minimize its negative…

A: Business organizations have an obligation toward society and the environment in which it operates.…

Q: In the realm of business ethics, the concept of corporate social responsibility (CSR) plays a…

A: Business ethics refers to the principles and  norms that guide  geste in the world of business. It…

Q: Should governments play a role in preserving national traditions and values? Why?

A: National traditions and values are often inextricably linked to a country's cultural heritage.…

Q: hat is the importance of business ethics in a global environment and how ethics helps businesses…

A: By definition, business ethics alludes to the norms for ethically good and bad direct in business.…

Q: An ethical code forms the cornerstone of a civilized society, providing a framework for individuals…

A: An ethical code, also known as a  law of ethics, is a set of principles, values, and  norms that…

Q: How ethics help in the establishment of anti-competitive practices and how moral values help in…

A: A brand name is something that adds a huge value to a specific product or service. A brand name can…

Q: Select a country you feel would have a challenging business environment to enter. Describe at least…

A: Business Environment : Business environment refers to all those internal and external factors that…

Q: How does a company will help you personally with advancing your business skill via social…

A: Business skills:-  Business skills, which include analytical and organisational abilities as well as…

Q: Do you think that it is ethical for a city government to write ordinances banning a type of…

A: A government has full control over the type of business operated in the country. The government also…

Q: Legal and Regulatory Framework for Businesses in Kenya

A: Kenya's corporate legal and regulatory structure is intended to encourage fair competition,…

Q: The construction and definition of social problems and social policies are based on:   previous…

A: Social problems are the general problems that have a negative impact on the social life of…

Q: Why do governments choose to regulate business

A: A business is defined as an enterprise or organization engaged in commercial, industrial or…

Economic Trends

An economic trend is the long-term direction of an economy. The trend can go up, down, or sideways. An upward trend means the economy is growing and wages are rising. A downward trend means the economy is shrinking and unemployment is increasing. A sideways trend means the economy is neither growing nor shrinking.