How businesses affect economies and societies Can companies operate with social responsibility? Perfect Markets and Easy Virtue: Business Ethics and the Invisible Hand scrutinizes the effects of a competitive business market on society. It proposes that perfect competition encourages the creation of products with lower quality by firms that find it hard to be socially responsible. The book also offers potential solutions for the issues businesses are facing, such as being competitive and environmentally friendly.
| ISBN: | 9781557862488 |
| Publication date: | 6th February 1992 |
| Author: | William J. Baumol, Sue Anne Batey Blackman |
| Publisher: | Wiley-Blackwell an imprint of John Wiley and Sons Ltd |
| Format: | Hardback |
| Pagination: | 148 pages |
| Genres: |
Business ethics and social responsibility Economic theory and philosophy |