Question

In: Economics

Questions pertain to the 2003 film, The Corporation. 8. In what context can this film have...

Questions pertain to the 2003 film, The Corporation.

8. In what context can this film have the maximum impact?

a. Does the film have a polarizing effect?

b. Can it affect legislation and government regulations of business? How?

9. In a poll on our website, a majority of people suggest that the film convinces them that corporate  

    charters need to be revoked and the system rebuilt. Is this plausible?

a. Can individuals within an organization overcome its inherent flaws?

b. Do you envision a return to earlier forms of business ownership and management, or something   

    entirely new?

Solutions

Expert Solution

8)

a)Th film shows the negative elements in the corporate business practices and criticize them for their psychopath behaviour. It even says that they don't care about law or people are anyone. They don't care about safety of others they only care about is money. This things will have polarizing effect because not every one will agree that every corporate business will be working like these following the practices like this.

b) If after watching the film if government feels that every corporation in the society is working like this by following these practices which make them look like a psychopaths than government will try to regulate them by keeping rules that will hurt them.So mostly I think government will form new legislation and regulate them.

9)

a) No individual in an organisation cannot overcome their flaws because they have to follow them to survive in that corporate culture. These people either have to blend with the organisation or leave job but can't change or overcome their flaws. The main reason is that these people want to earn money and fame in that organisation so even if they know they are doing wrong also they will do that thing.

b) I wish old ways will be more helpful because people in those days using to have some ethics even in doing a business or treating. Old days in business pwoppe used to treat even employees as their own as a family. I will be voting for that old system rather than new system.


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