Market forces serve as a sufficient control on corporate behavior because the market always reveals social and environmental harm.

Question

Quizplus · Accepted Answer

Market forces do not always reveal social and environmental harm, as externalities may not be included in the cost of goods and services. Additionally, some consumers may not value social and environmental factors when making purchasing decisions. Therefore, other forms of regulation and accountability are necessary to ensure corporate responsibility.

Market Forces Serve as a Sufficient Control on Corporate Behavior