The federal government originally did not regulate the pollution created by industry. As environmental law developed, the government began to issue permits to businesses to control and regulate the amount of their pollution. Many industries claim that
the cost of compliance with current environmental laws unduly hampers their ability to compete effectively in the marketplace. Is it fair to business owners to be burdened with these costs? Are the strict liability provisions in the federal environmental acts ethical and fair? Discuss fully.
Students should discuss ethical issues involving the cost to society vs. the cost to individual businesses.
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Jack Masters earns $35,000 a year. His monthly expenses total $1,500. What is the minimum amount of money that Mr. Masters should set aside in an emergency fund?
a. $6,000 b. $3,000 c. $4,500 d. $8,750 e. $1,500
Products should be processed further if the additional revenue exceeds the ________
a. contribution margin b. additional cost of processing c. total cost of production d. total profit earned
Some opponents of affirmative action policies claim that affirmative action policies ultimately hurt the minorities they were designed to assist in the first place. What argument could you make to either defend or refute this position?
What will be an ideal response?
The third level of the inclusive workplace, inclusion through state/national collaborations, relates to:
a. The values that drive organizational policies with regard to disadvantaged populations such as welfare recipients, domestic violence victims, and youth in distress. b. The organization’s internal relations with its own employees. c. Organization’s sense of being a part of its surrounding community and the reciprocity embedded in that relationship. d. The organization’s positions and practices related to the fair exchange of economic goods and services and the respectful cultural relationship with individuals, groups, and organizations in other countries.