ECO 365 week 5 DQs

DQ 1
What are the impacts of innovation and technology on the cost of
production? How does technology affect market structure and
real-world competition? Which market structure is best suited for
technological innovation? Explain your answer. How has
technological innovations affected your organization?
DQ 2
What factors influence a firm_s competitive strategies? How does
global economic competition impact the price elasticity in the
domestic market and decisions related to the strategy a firm uses
to compete? Why do most economists oppose trade restrictions? Who
have been the winners and losers as a result of NAFTA? Explain your
answer.
DQ 3
How do you define social diversity and business ethics? How has
a more diversified labor force affected the corporate structure and
the economy? What are some potential roadblocks, ethical or
otherwise, in promoting a diverse workplace? Explain your
answer.