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.
Economic system. An economic system is a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. As such, an economic system is a type of social system. The mode of production is a related concept. All economic systems have three basic questions to ask: w