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iris [78.8K]
3 years ago
10

What role do consumer play in a free enterprise system?

Social Studies
2 answers:
Goryan [66]3 years ago
6 0

Consumers play a key role in a free enterprise system by determining what to produce. If companies see that consumers are willing to buy certain products, they will offer these products at market prices.  

ELEN [110]3 years ago
5 0
A free enterprise economy include the consumer spending. Consumers provide a significant portion of a nation’s economic growth. Therefore, consumers are an important part of a free enterprise economy.
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Global Business Ethics. Pfizer, Inc., developed a new antibiotic called Trovan (trovafioxacinmesylate). Tests showed that inanima
Sever21 [200]

Answer:

1

The action of  Pfizer is no way near an ethical act and was a clear violation of the ethical standards.This is true because

  • As it is the company responsibility to act ethically to achieve the goals of the society by eradicating their problems and not by enhancing them hence the corporate social responsibility would not allow the company to behave inhumanly
  • The duty based ethics would also empower the corporation to care and respect humanity
  • Its is highly unethical on the part of Pfizer to conduct test on human life.if  we consider the six basic guidelines to make ethical decisions then they have done it in a highly unethical manner.The six basic guidelines would never allow any company to behave i such a manner so as to risk the human life  

Pfizer did not obey any of the above ethical standards and the conduct was clear violation of ethical standard.

2

Pfizer plc is not guilty of any ethical standard violation as it is a common practice for drug manufacturer to conduct tests on animals as well as human.And anyways the company conducted the tests on those human beings who will die with the epidermic which has already invaded the entire country of Nigeria.Hence in other to save/protect  a large number of human being the test on the few persons is ethical as it is done to protect the society at large

So we cannot say that the company had violated any ethical standard

3

In order for Pfizer to avert the consequences  of the violation then Pfizer should use the following five steps to create solution tom problem on ethical question these steps include

  • Inquiry : It is very crucial to make initial inquiry about the entire subject matter
  • Discussion: If there is a list of action generated after inquiry then discussion  on every single action should be made
  • Decision : It is highly crucial to take any decision with the consensus of all the participating candidates
  • Justification : Each decision made must have a justification for the entire process
  • Evaluation : it is highly crucial to evaluate the entire process

Explanation:

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An instructor gives her students a list of terms to memorize for their biology exam and immediately asks one student to recite t
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The answer is the items at the end of the list.

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The student in the example is more likely to remember the items at the end of the list, due to a phenomenon called the recency effect: we will remember best the most recent information. At the same time, this is related to the serial-position effect, which states that the order of the items in a list influences the way we remember them. More specifically, <u>we remember items at the end and the beginning more easily</u>.  

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Name the highway named after bhimdatta panta​
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Answer:

Name of the highway is Bhimdutta panta highway , it connects Dhangadi to dadeldhura

Explanation:

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Dr. Brown has been invited to speak at a prestigious psychological conference on the topic of autism. He will talk on the curren
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we should follow traditional rules to promote our history cultures. to promote our old villages. to show the other countries how nice was our country while using traditional culture.

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