In a capitalist economy we assume that the market plays a, Ask an Expert

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In a capitalist economy, we assume that the market plays a major role in monitoring and regulating the business environment. Businesses that act irresponsibly often lose customers and are unprofitable. However, government regulations can require businesses to act in a socially responsible manner, even when market mechanisms would not result in the same decisions. When does government regulation work in the best interest of society.

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Operation Management, Management Studies

Category:- Operation Management
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