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