Answer:
In my opinion the concepts of diversity and equity must be always adopted in the companies as a way to be successful taking into account different perspectives especially understanding that the workforce should not be based in the personal traits to be considered as barriers for the professional development.
Explanation:
On the other side, those kinds of personal differences must be considered for the benefit of the company if they are going to be considered in some way. For example, in the released campaign of a certain product the members of the company could be encouraged to give their opinion taking into account their cultural background regarding their nationalities, race, religious beliefs familial status and all the characteristic that can make them unique to offer the constructive critics explaining the reasons why the product must be changed in some aspects.
I considered that these diverse traits must not be considered unless it would be for the benefit of the participant workers of the company and the company itself, due to the fact that it is a topic that can result really sensible if it not treated in a careful way.
Answer: Market structure
Explanation:
The market structure is one of the concept that helps in defining the various types organizational characteristics and the function of the market.
The market structure basically focuses on the main factors that affect the pricing of the product and the competition ion the market. There are three types of market structure are as follows:
- Perfect competition
- Buyer's control
- Imperfect competition
According to the given question, the pure competition is one of the component of the market structure as it helps in determine the actual market share, identical products and the freedom in the existing industries. Therefore, Market structure is the correct answer.
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