The Discussion of the Business Enterprise System in the Business

Multiple Choice

The discussion of the business enterprise system in the Business and Society class today became heated when a debate broke out as to which capitalist system Canada should employ.Jamal argued that the Canadian government should apply a __________model Whereby economic decision making is left to those individuals or enterprises who own the means of production.A profit motivation,with limited government involvement, would create a competitive market system.Crystal agreed,but added that accountability to society by business was also important and therefore a ____________was better.

A) free enterprise; responsible enterprise
B) laissez-faire capitalism; stakeholder capitalism
C) laissez-faire capitalism; responsible enterprise
D) free enterprise; stakeholder capitalism
E) sustainable; stakeholder model