Explain role capitalism plays in corporate decision making


Problem

Why do you support the industry you chose? What role does capitalism play in corporate decision-making, and is it possible for a company to cater to its own self interest and the consumer?

In the land of free trade, the public does not view all industries as equal. Do you believe that is ethical? Do you believe that some industries are unfairly targeted? Should it be consumers' choice to partake in products that are not healthy for them, or do those companies have an ethical obligation to protect people? In this assignment, you will choose from one (1) of the following industries to write about:

Option 1) Candy industry

Option 2) Weight-loss industry

Option 3) Fast-food industry

Write a paper in which you (2-3+ pages):

• Become an advocate for either the consumer or the industry. Prepare an argument explaining the major reasons why you support either the consumer or the industry.

• Explain the role capitalism plays in corporate decision making.

• Discuss if you believe it is possible for a company to cater to both its best interest and that of the consumer conjointly or if one always has to prevail. Justify your response.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Solution Preview :

Prepared by a verified Expert
Marketing Management: Explain role capitalism plays in corporate decision making
Reference No:- TGS02964706

Now Priced at $55 (50% Discount)

Recommended (94%)

Rated (4.6/5)