The approach that businesses should be left alone to do as they will is known as ______.

Question

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The approach of businesses being left alone to do as they will is known as laissez-faire, which promotes minimal government intervention in economic affairs. Caveat emptor is the principle that the buyer is responsible for checking the quality and suitability of goods or services before purchase. Machiavellianism is a management philosophy focused on maximizing power and self-interest. The Sarbanes-Oxley Act is a federal law that regulates financial reporting and corporate governance.

The Approach That Businesses Should Be Left Alone to Do