2. Define the term “laissez faire” and explain how it is (was) applied in the making...
2. Define the term “laissez faire” and explain how it is (was) applied in the making and carrying out of law in the United States. __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ______________________________________________________________________________
3. What does the term ethical behavior mean to you? Do business law and ethics go together? Why or why not? __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ______________________________________________________________________________
4. List three reasons for having law in a society that were not discussed in the Guide. __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ______________________________________________________________________________
5. Why do you think that the idea of the “Divine Right of Kings” came into being in certain societies? __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ______________________________________________________________________________
Homework Answers
Answer 1
Laissez-faire is an economic theory from the 18th century that opposed any government intervention in business affairs. The driving principle behind laissez-faire, a French term that translates as "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be – and by extension, society as a whole. Laissez-faire economics are a key part of free market capitalism.
United States is free market capitalist country which support Laissez faire economic approach providing least interventions to the private industry .
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2. Define the term “laissez faire” and explain how it is (was)
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1. Make sure to click on the link below to assist in
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Explain how the below key concept are linked to this
case (i.e. how the key concepts you have learned in this topic is
applied in this case study?)
Culture and Cross-Cultural Risk
Culture is the values, beliefs, customs, arts, and other
products of human thought and work that characterize the people of
a given society. Cross-cultural risk arises from a situation or
event in which a cultural misunderstanding puts some human value at
stake. Values and attitudes are shared beliefs...
Please Brief: "Brown vs. Board of Education ". located on Page
5 of your book.
1. Make sure to click on the link below to assist in
understanding how to properly "brief" as case.
2. Then read the case on Page 5, and brief the case using the
"IRAC" format.
When you are finished briefing the case, click on the title
above and uploaded it into the
*** Make sure to begin your brief with a brief facts section
telling...
RRM # 2 (ends at for organization, and they force their ideas to fit it. Along the way, their perfectly good ideas get mangled or lost). Purple # 2 1. Create a simple outline of the bulleted points. RRM # 3(ends at it doesn't begin to explore how or why something happened.) Purple # 3 2. Does this relate to you? Do you write like this? 3. Predict what will come next. RRM # 4 (ends at opened are, in...
NEW Q1. Sheila is a managerial accountant who has discovered that her company is violating environmental regulations of a third world country in its production of rubber at a plant in that country. Upper management is unaware of the violation, but her immediate superior is involved. Sheila has discussed this issue with her supervisor, and the supervisor has advised her to remain quiet about the matter. Sheila reasons that she should do nothing because her supervisor is her immediate authority...
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