Question

In: Economics

1. Please list and discuss three actions that a firm may take, or has taken, that...

1. Please list and discuss three actions that a firm may take, or has taken, that are illegal, or immoral, or both. Of these actions, which one imposes the greatest harm upon society? Why? Why did you choose this action over all other possible choices?  

2. Please list and discuss at least three GRAs--- Government Regulatory Agencies. Which one GRA may be the most important, in your opinion? Why? Why did you choose this GRA over all other possible choices?  

3. Which GRA would you want to work for, in theory? Why?

4. In your opinion, why is it that very few executives ever serve jail time for "white collar" crimes?

Solutions

Expert Solution

ANSWER :-

A).Immoral or illicit activities are thoAlong these se which is illegal. It could be an inability to respect a dedication, infringement of the annual expense act, arrangement of unlawful dead, and so forth.

Infringement of the annual assessment act to cover the truth of asset report or salary explanation is a genuine demonstration against law.

By doing this firm will give lesser expense to the administration.

B).Three Government Regulatory Agencies are Food and Drug Administration, US Securities and Exchange Commission, Federal Trade Commission.

Food and medication Administration would be more prominent among these gathering.

They chip away at the wellbeing of the wellbeing which is essential worry for us.

C).If I get an open door then I will work with FDA so I can likewise serve for individuals' wellbeing.

D).Very scarcely any heads actually serve prison time for "middle class" violations since business would prefer not to engage in case cases to secure their image esteem.

Along these lines, the most ideal choice is to terminate those worker.

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