Required to meet in order to ensure product safety

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Many legal standards exist that businesses are required to meet in order to ensure product safety. These standards tend to be well defined, and adherence is a generally accepted risk mitigation strategy. Less quantitative risks exist, often in the area of ethical behavior, and enumerate assumptions often made about the large portion of the world living at or below the poverty line. Do such assumptions represent ethical challenges? Why, or why not?

Reference no: EM13744218

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