In the carrot-and-stick approach used by the law to determine punishment for unethical behavior, the carrot signifies: reduced fines for having an effective compliance program.
Carrot and stick approach can be defined as the approach that is used to encourage ethical behavior and to discourage unethical behavior.
The carrot approach help to encourage good behavior while on the other hand the stick approach is use to discourage bad behavior by punishing the offender.
Therefore In the carrot-and-stick approach used by the law to determine punishment for unethical behavior, the carrot signifies: reduced fines for having an effective compliance program.
Learn more about Carrot and stick approach here:https://brainly.com/question/16003638
https://brainly.com/question/28148690
#SPJ1
