Question

Explain the link between conscious capitalism and market intermediaries

Explain the link between conscious capitalism and market intermediaries

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The link between conscious capitalism and market intermediaries is that conscious capitalism can be implemented with help of market intermediaries like suppliers, wholesalers, retailers and agents. Conscious capitalism involves running business profitably for the stakeholders involved with creating wealth along with social benefits. Market intermediaries are integral part of social capitalism as they help in providing the products to customers and follow conscious capitalism by producing goods and distribution of goods that help is in economic interests of the weaker sections and at the same time creating wealth that is core o capitalism. It also supports environmental causes by practising and spreading awareness through use of eco friendly materials, disposal of wastes, reducing pollution, use of renewable resources, reuse and recycling that is done across the supply chain including market intermediaries.

Add a comment
Know the answer?
Add Answer to:
Explain the link between conscious capitalism and market intermediaries
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • the main difference between free market capitalism and crony capitalism: A. crony capitalism is only about...

    the main difference between free market capitalism and crony capitalism: A. crony capitalism is only about greed. B.crony used the state to achieve the goals, market is based on volunteer cooperation. C.free market used incentives for goals, while government never uses incentives to reach its goals. D. crony uses cooperations, conscious uses small shops. E.all of the above.

  • comment it Conscious Capitalism is very similar to regular capitalism and based of the same foundation.The...

    comment it Conscious Capitalism is very similar to regular capitalism and based of the same foundation.The difference is that it involves all the stakeholders. It also builds off of trust, collaboration, and compassion. They also want to help the environment. There are many pros for going the conscious capitalism route. When going this route you show the customers and stakeholders you really care. This is great because they will more likely want to do business with you more and have...

  • At the time of the writing of “Conscious Capitalism” (2014 edition), the authors claimed that consciousness...

    At the time of the writing of “Conscious Capitalism” (2014 edition), the authors claimed that consciousness was on the rise. Do you agree? Explain why or why not. Do you think it has stayed the same since 2014 or changed?

  • Conscious Capitalism - Bikes Simulation I am sure individually each of you are happy/unhappy about the...

    Conscious Capitalism - Bikes Simulation I am sure individually each of you are happy/unhappy about the performance on certain measure(s) (net profit, market share, balanced scorecard, cumulative balanced scorecard, revenue, expense, cost, etc) of your team/company. Individually identify the performance criteria on which your company is performing below expectation and on which it's performing above expectation. Also, provide reasons for each of them. Next, describe if you personally could have done anything to help the performance

  • Conscious Capitalism - Bikes Simulation Are You happy/unhappy about the performance on certain measure(s) (net profit,...

    Conscious Capitalism - Bikes Simulation Are You happy/unhappy about the performance on certain measure(s) (net profit, market share, balanced scorecard, cumulative balanced scorecard, revenue, expense, cost, etc) of your team/company.  Individually identify the performance criteria on which your company is performing below expectation and on which it's performing above expectation. Also, provide reasons for each of them. Next, describe if you personally could have done anything to help the performance. ( response needs to be at least 3 paragraphs)

  • W2/2 The second tenet in Conscious Capitalism is stakeholder integration. Contrary to traditional approaches to business,...

    W2/2 The second tenet in Conscious Capitalism is stakeholder integration. Contrary to traditional approaches to business, which privilege investors' interests over all other stakeholders, Mackey and Sisodia argue all stakeholders are equally important. They assert successful and conscious businesses must balance the needs of all stakeholders. After you review the Key Partners block and related information on your Business Model Canvas and consider the stakeholders necessary for the success of your business model. What are the primary needs of your...

  • W2/2 The second tenet in Conscious Capitalism is stakeholder integration. Contrary to traditional approaches to business,...

    W2/2 The second tenet in Conscious Capitalism is stakeholder integration. Contrary to traditional approaches to business, which privilege investors' interests over all other stakeholders, Mackey and Sisodia argue all stakeholders are equally important. They assert successful and conscious businesses must balance the needs of all stakeholders. After you review the Key Partners block and related information on your Business Model Canvas and consider the stakeholders necessary for the success of your business model. What are the primary needs of your...

  • Conscious Capitalism - Bikes Simulation I am sure individually each of you are happy/unhappy about the...

    Conscious Capitalism - Bikes Simulation I am sure individually each of you are happy/unhappy about the performance on certain measure(s) (net profit, market share, balanced scorecard, cumulative balanced scorecard, revenue, expense, cost, etc) of your team/company.  Individually identify the performance criteria on which your company is performing below expectation and on which it's performing above expectation. Also, provide reasons for each of them. Next, describe if you personally could have done anything to help the performance (I don't expect similar answers...

  • What is the difference between laissez-faire capitalism, the command system, and the market system? How does...

    What is the difference between laissez-faire capitalism, the command system, and the market system? How does the "invisible hand" operate and why do market economies usually do a better job than command economies at efficiently transforming economic resources into desirable output?

  • This is for a Unix class: Explain the difference between soft link and hard link and...

    This is for a Unix class: Explain the difference between soft link and hard link and come out with your own step-by-step example demonstrating the differences between two link types. 2. What’s the final effect of the following statements? (hint: Explain them in terms of the stdio and kernel buffers.) fflush(aFilePointer); fsync(fileno(aFilePointer));

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT