Mid-Term Examination in Business Environment

Mid-Term Examination in Business Environment


Questions:

1. Business organizations are primarily established for profit. However they also have responsibilities to individual workers/employees and to society as well. How do you reconcile these conflicting objectives/goals? Or are they irreconcilable? Why or why not?

2. Competition in the economy is the name of the game. If you were to put up a business today would you opt to do in perfectly competitive monopolistic or oligopolistic market situation. Why?

3. Is the government of President Aquino conducive to business activities? Assess the business environment during his first 100 days in office, will his call for “Tuwid na Landas” in governance and public administration spell magic for its economy? Compare this environment with that of PGMA’s nine years stay in power.