Business competition encourages efficiency of production

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Reference no: EM13227982 , Length: 2 Pages

Discuss the statement: "Business competition encourages efficiency of production and leads to improved product quality."

Is government participation in our business system good or bad? What factors can be used to explain your position?

When a company acts in an ethically questionable manner, what types of problems are caused for the organization and its customers?

When should a firm consider expanding from strictly domestic trade to international trade? When should it consider becoming further involved in international trade? What factors might affect the firm's decisions in each case?

Why is there so much government regulation involving social responsibility issues? Should there be less?

Reference no: EM13227982

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Business competition encourages efficiency of production : Discuss the statement: "Business competition encourages efficiency of production and leads to improved product quality."

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