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QUESTION

Final-LP 1- The free-market system has typically allowed companies to fail.

Final-LP

1- The free-market system has typically allowed companies to fail.

A- True

B- False

2- Efficiency and diversification were two common rationales for mergers, acquisitions, and the building of corporate conglomerates.

A- True

B- False

3- One should never be concerned in blanket demands concerning environmental protection or worker and consumer safety, since both admit the same degrees and are rarely good reasons for trade-offs of good versus risk.

A- True

B- False

4- The standards of cleanliness and safety that the United States can enforce by law are much higher than those that businesses in many countries could afford.

A- True

B- False

5- Whistle-blowing sometimes refers to government employees who divulge to a governmental regulatory or investigative bureau unethical practices in their division or office and/or to employees within a firm that has government contracts who report fraud against the government.

A- True

B- False

6- Competition tends to produce efficiency in the market and benefits the general consumer by resulting in a variety of goods at the best prices.

A- True

B- False

7- The term discrimination is usually used in a pejorative sense with respect to employment, but there is also a morally neutral sense of the term.

A- True

B- False

8- Management usually deemphasizes the obligations of workers much more frequently than it mentions the rights of workers.

A- True

B- False

9- If immoral practices are discovered in an operation abroad and if enough people in the United States refuse to purchase the product or stock of the manufacturer in question until the immoral practice is stopped, then a plausible assumption is that the practice will be changed when the economics of the situation demand it.

A- True

B- False

10- Computer viruses have increased in number and so has the number of antivirus programs readily available

A- True

B- False

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