Those who support _________ enforcement of society's interests believe that coercion is the only way to ensure firms will behave in a way that is socially acceptable.

Question

Quizplus · Accepted Answer

Mandatory enforcement implies the use of legal or regulatory mechanisms to ensure that firms comply with socially acceptable standards. This approach is based on the idea that firms may not act in the best interests of society voluntarily or that voluntary actions may not be sufficient to address the negative externalities associated with certain forms of economic activity.

Those Who Support _________ Enforcement of Society's Interests Believe That