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Would the management of a firm in a oligopoly or in a competitive industry be more likely to engage in what might be called socially conscious practices explain reasons?

Management in a competitive industry is generally more likely to engage in socially conscious practices compared to firms in an oligopoly. In competitive markets, firms must differentiate themselves to attract customers, and socially responsible practices can enhance their brand image and customer loyalty. Conversely, firms in an oligopoly may prioritize profit maximization and market control, focusing less on social responsibility since their market power can insulate them from competition-driven pressures. Additionally, the potential for collusion in oligopolistic markets can lead to less emphasis on socially responsible behavior as firms may prioritize maintaining their market positions over addressing social concerns.


What best describes the kinds of companies which a socially responsible investor would invest his or her money?

Companies with a business model and social mission that the investor supports.


Which of the following is not a type of a company that a socially responsible investor would support?

A company that puts profit-maximization above all other considerationser here...


How can one identify and calculate deadweight loss in a market?

To identify and calculate deadweight loss in a market, one can look at the difference between the quantity of a good or service that is produced and consumed at the equilibrium price and the quantity that would be produced and consumed at the socially optimal level. Deadweight loss can be calculated by finding the area of the triangle formed by the supply and demand curves where the quantity traded is less than the socially optimal level.


What does development indicators mean?

development indicators represent the data of a countries development i.e economically, socially and environmentally goals. an example would be: what % of people are unemployed? how many people can read and write? how many cars per house?? etc

Related Questions

What is the sentence of hugging in conscious behavior?

By hugging you mean embracing? It would require someone to be conscious to embrace or at least aware of it.


Where can I find an early mortgage payoff calculator?

If you have a mortgage account then there will be a mortgage payoff calculator for you to use to determine what the early payoff quote would be. I would try that.


Would the management of a firm in a oligopoly or in a competitive industry be more likely to engage in what might be called socially conscious practices explain reasons?

Management in a competitive industry is generally more likely to engage in socially conscious practices compared to firms in an oligopoly. In competitive markets, firms must differentiate themselves to attract customers, and socially responsible practices can enhance their brand image and customer loyalty. Conversely, firms in an oligopoly may prioritize profit maximization and market control, focusing less on social responsibility since their market power can insulate them from competition-driven pressures. Additionally, the potential for collusion in oligopolistic markets can lead to less emphasis on socially responsible behavior as firms may prioritize maintaining their market positions over addressing social concerns.


What would a socially conservative politician MOST LIKELY support?

Which of these would a socially conservative politician MOST LIKELY support?


How would internet based companies benefit from acting socially responsible?

how would the internet company benefit from acting socially responsible


What would a socially responsible company use?

Socially responsible companies use renewable resources.


Use conscious in a sentence?

He was conscious that he would have to ask for help in order to complete the task.


How do you calculate unpaid balance?

If you are ready to payoff the loan, call the lender. That is because interest has to be recalculated to the day you would pay. Remember to check whether there is a early payoff penalty.


What industry does Henry Schein make products for?

Henry Schein makes quality products for the Healthcare Industry. It would be difficult to find a medical, dental or veterinary supply store that doesn't carry Henry Schein. They also have a reputation for being socially conscious.


What is voluntary and involuntary behavior?

voluntary act is an act that you willingly perform of your own accord without persuasion involuntary act is an act that you perform because you are either forced to or that you perform without the control to stop it. In an involuntary act, if you could avoid doing it, you would.


What would you buy with 1 million dollars?

I would pay off my college tuition.


Are mortgage payoff calculators reliable?

You can use a mortgage payoff calculator to give you some idea on what the cost would be to pay off your mortgage using different time tables. They are generally reliable, but are not completely risk-free, as there could be changes in the rates, etc, from when you calculate and when you do the actual payoff.