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Connection between competition and profits

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Reference no: EM132859390

Answer the following questions with explanation

1. Should corporations be formed only with the permission of society as represented by government, or should they be allowed to form freely without much government oversight?

2. Do you agree with the position that the frequency of business wrongdoing is about the same as for individuals or any other institutions in society?

3. Should equality of opportunity equal equality of results? What are the implications for business of the inequalities that result from capitalism?

4. What is the connection between competition and profits?

5. List the stakeholders that have influence and/or are influenced by corporate behavior. What are the economic, social, and ethical issues involved?

Reference no: EM132859390

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