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- What is the difference between Capitalist economy and Socialist economy? Give examples in this context as well.How does the circular economy offer potential for business model innovation for companies ?What industries will experience the most significant changes over the next decade because of rapid technological change? The course is strategic management Chapter 4 the external environment of social and technological forces
- Adler describes current production processes under capitalism as already "socialized." What does he mean by socialization of production? What are the consequences of this socialization for the six crises he laid out in previous chapters? In your own experience, have you encountered or witnessed socialized production? Are there current events which can be explained by the processes Adler describes? If you're having trouble understanding or agreeing with Adler's concept, what examples or evidence would bring you around?11. The phase of the industrial cycle, characterized by overproduction of goods increase in interest, bankruptcy, is called: a) revitalization; b) depression; с) rise; d) crisis; e) recession.What are the concepts of the Marxist Approach to Industrial Relations and its strengths and weaknesses?