Integrative Social Contracts Theory is a theory of business ethics originated by Thomas Donaldson and Thomas... 1  The Advantages of a Social Contract Theory.he goal of Integrative Social Contracts Theory is to provide a framework by which managerial and business decisions can be made with respect to their impact on relevant communities, ethical norms and possible universal moral standards.
Course Description: Industrial organization is the study of how industries function and. how firms interact within an industry. While this is part of the general agenda of. microeconomics, industrial organization distinguishes itself by its emphasis on the study. of firm behavior in imperfectly competitive markets.
Identification. An industrial agreement is often an accord reached between employers in a certain industry, their employees or employee representatives and, in some cases, the government.This term is used more often in Europe, Australia and other contexts than it is in the United States.dentification. An industrial agreement is often an accord reached between employers in a certain industry, their employees or employee representatives and, in some cases, the government.