Ralph Nader has long argued that large corporations in oligopolistic markets should use their vast productive powers to redress social ills.Implementing this policy may put companies:
A)in conflict with the government.
B)in conflict with its trade unions.
C)in conflict with the process of wealth maximization.
D)in conflict with their international policies.

Question

Quizplus · Accepted Answer

Ralph Nader's proposal to use productive powers for social good may put companies in conflict with the process of wealth maximization, as their primary goal is to increase profits for shareholders. This approach may require redirecting resources and investing in social initiatives that may not have an immediate payoff or financial return, which could lead to tension when companies prioritize social responsibility over maximizing profits. However, this does not necessarily put them in conflict with the government, trade unions, or international policies.

Ralph Nader Has Long Argued That Large Corporations in Oligopolistic