Asked by Cynthia Frias on May 07, 2024
Verified
What ethical issues affecting consumers and society as a whole are created by unfair competition?
Unfair Competition
Practices that are unjust or deceptive in the marketplace, infringing on the rights of others to conduct business freely and equitably.
Ethical Issues
Situations or problems requiring a choice between conflicting moral principles or actions.
Society
A community of people living together in an ordered community, sharing customs, laws, and organization.
- Familiarize oneself with essential statutes affecting enterprise functioning and compliance prerequisites.
- Recognize the functions and obligations of companies within ethical, legal, economic, and social contexts.
Verified Answer
Learning Objectives
- Familiarize oneself with essential statutes affecting enterprise functioning and compliance prerequisites.
- Recognize the functions and obligations of companies within ethical, legal, economic, and social contexts.
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