How does the arms industry manage to avoid greater scrutiny and calls for transparency?
Question:
How does the arms industry manage to avoid greater scrutiny and calls for transparency?
Arms industry:
Arms industry refers to the sector within the economy that is responsible for manufacturing and selling weapons and military technologies. This industry is essential to the economy because it helps ensure security, which helps boost the overall economic growth.
Answer and Explanation: 1
The arms industry manages to avoid greater scrutiny and calls for transparency by ensuring effective communication and sharing of information.
The industry ensures that there is effective communication between the government and the industry. This helps in ensuring that the activities of the industry are known to the government. Thus, boosting the transparency and scrutiny of the industry. Sharing information about manufactured arms and other relevant information to authorized personnel helps improve the clarity of the arms industry. Thus, the industry avoids greater scrutiny and calls for transparency by having effective communication and sharing of information.
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Chapter 3 / Lesson 9Explore corporate-level strategy. Learn the definition of a corporate-level strategy and understand its characteristics. See corporate-level strategy examples.