Podcast
Questions and Answers
What is the main purpose of legal responsibilities for businesses?
What is the main purpose of legal responsibilities for businesses?
- To ensure fair and safe business operations (correct)
- To avoid paying taxes
- To eliminate competition
- To generate more profit for the company
How do consumer protection laws, like the Consumer Act, contribute to the business environment?
How do consumer protection laws, like the Consumer Act, contribute to the business environment?
- By giving companies the right to disregard consumer complaints
- By setting standards to prevent companies from mistreating consumers (correct)
- By allowing businesses to trick consumers for profit
- By encouraging businesses to harm the environment
Which role do environmental laws, such as the Clean Air Act and Clean Water Act, play in business operations?
Which role do environmental laws, such as the Clean Air Act and Clean Water Act, play in business operations?
- Acting as referees for the environment to prevent harm (correct)
- Encouraging pollution and unsustainable practices
- Allowing companies to ignore environmental regulations
- Providing tax incentives for environmentally harmful activities
How does the Corporation Code benefit businesses?
How does the Corporation Code benefit businesses?
What is the function of consumer rights under legal responsibilities?
What is the function of consumer rights under legal responsibilities?
Why are legal responsibilities crucial for businesses in relation to investors?
Why are legal responsibilities crucial for businesses in relation to investors?
What is the purpose of environmental laws in business ethics?
What is the purpose of environmental laws in business ethics?
Why are consumer protection laws compared to referees in the business game?
Why are consumer protection laws compared to referees in the business game?
What is the significance of treating workers fairly under legal responsibilities?
What is the significance of treating workers fairly under legal responsibilities?
How do environmental regulations contribute to sustainability within businesses?
How do environmental regulations contribute to sustainability within businesses?