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Critics raise a number of objections to the claim that the maximization of profits will always promote the general welfare. They argue that there are such things as "market failures." For example, they argue that externalities provide examples of efficiently functioning markets failing to achieve optimal results. Common example of externalities would be such things as air pollution, ground water contamination and depletion, soil erosion, and nuclear waste disposal. The costs of such problems are borne by parties (e.g., people downwind, neighbors, future generations) who are not part of the exchange between seller and buyer. How does the claim that externalities constitute an objection to the claim that the maximization of profits will always promote the general welfare? Do you agree? Why, or why not? Explain.
I have a case study for my organizational behavior class. It suppose to be 2000 words answer.
1.how are philosophical opinions justified? middot how do philosophical questions differ from scientific or factual
The idea that there is one special person somewhere in the world that is your destiny to meet and fall in love with is an example of .
A hospital in your community is looking for a CLO to head the HR department to create a learning organization as the hospital moves to be a teaching facility. Analyze the methods utilized for both external and internal recruitment and determine which..
The scenario is taken from the text, Business and Administrative Communication, Ch. 11 Exercise 11.19 Pacifying Customers. 1. Read the following scenario Macy’s, a New York–based department store and financer of the annual Macy’s Thanksgiving Day Par..
What problem did HSBC face in this case? what mangement, technology, and organization factors were responsible for the problem? did HSBC management correctly identify the problem?
Discuss the following three periods of Library Management. What is planning and why it is important in organizational management especially in libraries? Also discuss different types of plans. Define motivation. What are the benefits received by moti..
Socioeconomic status and mental health have what type of relationship?
Evans Equipment Co. Sells new and usedearth-moving equipment. It uses a perpetual inventory system, andits accounting period ends December 31. On December 28, 20x1, Evanspurchased a used backhoe for resale, at an agreed price of$40,000.
“Theoretical models are too abstract and have no or little impact on government policy.” “Policymakers should have a detailed knowledge and profound understanding of all theoretical models and should design economic policy based on that knowledge.”
What are the pros and cons to the ways in which power is distributed within and between groups and organizations?
Why are career development and succession planning important components of an organization’s strategic plan?
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