Challenges to free market understanding of business
Problem:
Give examples of at least two market failures and explain how they represent challenges to the free market understanding of business's environmental responsibilities.
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Problem 1. What is ethics, and how do ethics apply to business? (Explain in details)
Explore one (1) of the three (3) common themes of critical theory.
What are some differences among social exchange theory, and the reciprocity and social responsibility norms?
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Explain how they represent challenges to the free market understanding of business's environmental responsibilities.
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"Good ethics is good business." Do you think ethical behavior by a corporation leads to better performance in the long run?"
Provide a brief analysis of the culture and behavior of the organization Wal-Mart.
What factors might make a person vulnerable in each sense? What are the ethics of marketing to the vulnerable?
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