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grandymaker [24]
3 years ago
6

The Sarbanes-Oxley Act is an example of how basic ethical and social responsibility concerns have been codified by laws and regu

lations.TrueFalse
Social Studies
1 answer:
Lera25 [3.4K]3 years ago
6 0

Answer:

True

Explanation:The Sarbanes-Oxley Act is specifically enacted for the public corporations,it helps to prevent and put fraudulent activities in check,it was enacted following several corporate fraudulent scandals that occured between the year 2000 to 2002.

THE SARBANES-OXLEY ACT PUTS BASIC ETHICAL STANDARDS IN FINANCIAL MANAGEMENT AND REPORTING IN PUBLIC CORPORATIONS AND CORPORATE SOCIAL RESPONSIBILITY IS CODIFIED INTO THE LAWS OF THE LAND.

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How are concepts mentally represented according to exemplar theory? a. as an example of the most perfect representation of the c
vredina [299]

Answer:

<u>Option-</u> C

  • As a list of all of the examples of the concept that the individual has encountered.

Explanation:

  • <u>Exemplar theory:</u> There are certain concepts and analyses of the different objects which brings about the conclusion of  which the professional requires and then they get the idea about the different properties and orientation of the object that are under consideration.
5 0
3 years ago
5. Why are many settlements built in river valleys?
Anettt [7]
Rivers were attractive locations for the first civilizations because they provided a steady supply of drinking water and made the land fertile for growing crops. Moreover, goods and people could be transported easily, and the people in these civilizations could fish and hunt the animals that came to drink water.

I hope this helps!
6 0
3 years ago
Benefits and Disadvantages of free economy
astra-53 [7]

Answer:

Advantages

1. A free market economy gets rid of a significant amount of red tape.

Because there is much less government interference in a free market economy, the levels of bureaucracy are significantly lower. The absence of red tape and complex rules reduces the administrative costs that companies face when developing or marketing goods and services. Since the expenses are lower on the development side, customers can benefit by spending to access more innovative products.

This advantage also makes it possible for organizations to put extra money toward other endeavors, including new research and development opportunities.

2. The free market provides more freedom to innovate.

A free market economy enables organizations to become innovative when imagining new ideas. That means the products and services that become available to the average person have more long-term value to consider. Entrepreneurs aren’t dependent on government agencies to tell them what to do or how to develop new products or services that the public needs.

It is up to each company to study consumer demand, popular trends, and basic needs to provide the best value promise possible. This process creates a higher level of competition in each industry, allowing customers to decide who is the best and deserves their money.

3. Customers always drive transactions in a free market economy.

Organizations in a free market economy have the ability to pursue profit in whatever way they choose. That means any goods and services that are not profitable will usually not receive any attention. Customers make the final determination as to whether an idea will succeed or fail, which means they are the judge and jury for each company.

Disadvantages

1. Profit is always the motive for success in a free market economy.

The primary objective of every business in a free market economy is to earn as much profit as possible. Most situations will see an organization deciding to sacrifice worker safety, compromise on environmental standards, and act without ethics because no controls are in place to govern their behavior. The ends will always justify the means when it comes to the survival of a company in this economy.

Even with a partial free market economy in place, we’ve seen numerous examples throughout history of this disadvantage. Companies like WorldCom and Enron attempted to mislead their customers and government regulators, while the incident on Deepwater Horizon proved to be one of the most significant environmental disasters in U.S. history due to cost-cutting measures like the use of sub-standard cement.

2. Market failures can create severe recessions and ongoing economic consequences.

If a free market economy begins to lose control, then the consequences that happen as an outcome can be quite severe. Two specific incidents in the United States created long-term financial hardships for families: the Great Depression in the 1930s, and the Great Recession from the real estate market crash in 2008. Failures can devastate the lives of millions of households, resulting in lost income, unemployment, and homelessness.

The reason for this disadvantage is a lack of control over profit-seeking behavior. Instead of creating investments that provide slow and steady gains, short-term profits are often the priority in a free market economy. Highly-leveraged assets, loose credit, and no government intervention create a higher risk of failure.

3. A free market economy can provide limited product choices.

Organizations in a free market economy don’t pursue the development of products unless there is a profit potential available. That means limitations in the range of goods and services offered to consumers can exist locally, nationally, or internationally. This disadvantage can impact specific groups of customers more than others based on household income and other factors.

Explanation:

3 0
3 years ago
Before the 8th century, paper was only produced in which places?
svetoff [14.1K]

Answer: the answer is c

Explanation:

6 0
3 years ago
Read 2 more answers
Explain two scenarios/professions in which dimension changing is used in the real world.
slavikrds [6]

Dimension-changing scenarios are:

A real estate agent who is attempting to figure out how the addition of additional land impacts the total size of a property, a photographer who wants to scale up his or her photos, and a modeler who needs to know how to minimize the proportions of a real-world item he or she is trying to model.

This is further explained below.

<h3>What is dimension changing?</h3>

Generally, The change in the density of the substance or the dimensions of the body is what constitutes the change in the index of dimension. Changes in dimensions will result in modifications to the molecular bonding of the polymer. If solvents manage to penetrate the molecular structure, the strength of the molecular bond will be diminished, either partially or completely, depending on the extent of the penetration.

In conclusion, A modeler needs to know how to decrease the dimensions of a real-world item he or she is attempting to model, a real estate agent needs to determine how the addition of additional land impacts the total size of a property and a photographer who want to enlarge his or her photographs.

Read more about dimensions

brainly.com/question/26533351

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5 0
2 years ago
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