Identify some rules or laws that govern social responsibility in business. Also what is the importance of those norms or laws to avoid corporate crimes. And it also identifies and explains a type of corporate crime.

Q: a) Briefly explain how is the ‘Islamic man’ different from the ‘economic man’? b) Describe whether…

A: Resources are scarce in all types of economies. Thus, every economic system seeks to utilize these…

Q: One of the important concepts for understanding cities is “path dependency.” Which of the following…

A: Path dependency is one of the approaches to make economic decisions on the purchase or exchange…

Q: How are companies able to use the differences in culture to effectively market a product or service…

A: Numerous organizations focus their marketing efforts on one of a few portions(segments) of a…

Q: Michelle owns an independent bookstore and has observed that college graduates read more than people…

A: Here Michelle is just trying to take some advantage of the situation by attracting them through…

Q: Which dimension is related to market competition? Social dimension Natural dimension Socio-cultural…

A: Which dimension is related to market competition? The answer is Economic dimension.

Q: Explain the operation of the “invisible hand” and why market economies usually do a better job than…

A: The concept of invisible hand was put forward by adam Smith.

Q: why market economies usually do a better job than command economies at efficiently transforming…

A: Answer: Introduction: Market economy: it refers to the economy where there is no government…

Q: Which one of the following occurs in capitalistic economy? a. Means of production are owned by the…

A: Capitalism is defined as an economic system which is characterized by private ownership of the means…

Q: The statement that describes the term Scarcity is __________________ a. the government is spending…

A: The study of economics is needed due to the presence of scarcity. Scarcity is the primary factor due…

Q: In your own words, explain the concept of the “invisible hand” as it relates to economic theory. Why…

A: In this ,the entrepreneurs are the self interested individuals who are interested in making certain…

Q: "…two prostitutes came to the king (Solomon) and stood before him. One of them said, ‘My lord, this…

A: Asymmetric information refers to the situation where one party has a better knowledge than the other…

Q: In Germany in 2009 there was considerable debate about the extent to which the government should be…

A: 1.In 2009, when Germany was facing a recession, the government had to intervene in order to take the…

Q: Capitalist economies have these features, except __________. a. Profit motive b. Consumer's freedom…

A: Economic system majorly categorized as market economy and command economy. Market economy is belief…

Q: Which of the following questions can be answered using the concepts of macroeconomics? Why does the…

A: Economics has two core branches, macroeconomics and microeconomics. Microeconomics is the study of…

Q: Early studies in the 1960s found that students who ate a hot breakfast before they came to class…

A: A) positive position exists if the gathering and utilization of a good or administration benefit an…

Q: Apple Computer and Toyota Motors do not allocate goods and services within their organizations with…

A: The companies involved in central planning generally those who do have the brand value and the…

Q: An example of innovation rent is: Select one or more: a.The cost of opening a new factory. b.The…

A: Innovation refers to derivation or construction of a new idea/thought or technology.

Q: All of the following statements about agriculture in commercial economic systems are true EXCEPT…

A: The process of development in any economy is characterized by shifting of traditional agriculture…

Q: markets are quintessential examples of perfectly competitive markets. determine how financial…

A: Financial markets are ones where there is trade of foreign assets, government securities/bonds,…

Q: Economic Decision Making) Write a 100 to 150 - word response to one of the following questions :…

A: Privatization is the peculiarity of governments contracting exclusive, revenue driven organizations…

Q: List the characteristics of the four different types of market structures and give an example of…

A: Answer: Market structure can be divided majorly into four categories, it includes, perfect market,…

Q: Which of the following is not a typical characteristic of a market system? Multiple Choice a. profit…

A: A market economy refers to the type of economic system where demand and supply control the economy,…

Q: Discuss "MARKET ECONOMY (CAPITALISM)" with definition, characteristics, examples, advantages and…

A: Economic system refers to the type of system prevailing in the economy. There are three types of…

Q: Langton, Robbins, & Judge describe four artifacts of an organization’s culture that can be used to…

A: Answer in step 2

Q: Which of the following is not a constraint in achieving technological and economic efficiency? a.…

A: In a market, economic and technological efficiency is needed to improve the production process that…

Q: Why is most business activity conducted today in hierarchical organizations rather than in markets

A: Hierarchial organizations are those which are organized in a manner in which we can go from top to…

Q: Recent years have seen the introduction of Uber and Lyft, which enable customers to find a ride…

A: The growth and popularity of these two company was just amazing.

Q: Smith and Marx have schematized the phases of development in the course of history. Discuss why they…

A: The main features of the classical theory are it is based on lasers fire policy and capital…

Q: ASAP 1. Capitalist production begins and ends with money using the circuit: M-C-C'-M' where C is…

A: *Answer:

Q: Unlike a market economy, a command economy: a. Consumer sovereignty to make production decisions b.…

A: Economy of a country includes all the economic activities that are undertaken in the country.

Q: Microeconomics and macroeconomics Determine whether each of the following topics would more likely…

A: Economics is a part of social science which deals with the decisions related to production,…

Q: We are currently learning about Microeconomics Theory and Applications. We are tasked to explain why…

A: When talking about microeconomics, it deals with the situation of a specfiic market, or with a…

Q: Essay (6-8 sentences, please): Define and contrast the 4 forms of capitalism 1. Neoliberal market…

A: 1) Neoliberal market capitalism:- Neoliberalism is a strategy program that integrates political…

Q: Which of the following is NOT one of the key fundamental economic questions of an Economic System?…

A: 26) An economic system is any system which is made up by assigning its scarce resources.

Q: Why is Private Property and Competition are the most important to a capitalist economy?

A: A capitalist economy refers to an economic system in which the private agents own and control the…

Q: One of the famous Utopian Socialists, Robert Owen, disagreed with Adam Smith that self-interest…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: 19. One research is being conducted about how gold prices change due to the changing preferences of…

A: Economics is a branch of social science that studies how different agents in a social construct…

Q: In market economies, most decisions are made by ___, while in command economies, most economic…

A: Command economy: - a command economy is a controlled economy where all economic decisions are taken…

Q: Which of the following is not a way to the us government intervenes in the economy a. Minimum wage…

A: Certain public products and services are provided by the government because there is no market for…

Q: This question is based on the following definitions below. Pure Capitalism Government does not…

A: Economic systems in the world are grouped into traditional, command, market, and mixed systems.

Q: In Germany in 2009 there was considerable debate about the extent to which the government should be…

A: Government intervention refers to the act of the government regulating the economy or markets and…

Q: What are the central features of capitalism as an economic system?

A: GIVEN    the central features of capitalism as an economic system