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Professor Jonathan has applied for promotion and tenure at a local university.He is required to compile a portfolio,evidencing his accomplishments and qualifications.This portfolio is then evaluated by his Departmental Promotion & Tenure Committee,consisting of tenured departmental members,who makes a recommendation to the Department Chair.The Chair makes a recommendation to the Dean,who then makes a recommendation to the University wide P & T Committee.The University Committee is made up of various faculty members from throughout the university,some of whom know Jonathan and some of whom don't.This committee makes their recommendation to the Provost who in turn makes a recommendation to the University President.The process ends when the President makes a recommendation to the Board of Trustees.Jonathan's portfolio travels from level to level and is reviewed prior to each recommendation.However,Jonathan is not permitted to address any of the decision makers during their review.Assuming that you can't change the number or order of steps in the review process,what are some of the concerns that need to be addressed in order to keep this system free from discrimination or other legal issue?
Monopolistic Competition
A market structure characterized by many firms producing slightly differentiated products, leading to competitive prices and some degree of market power for each firm.
Relatively Elastic
Describes a situation in which the quantity demanded or supplied responds significantly to changes in price.
Oligopoly
A market structure characterized by a small number of firms dominating the market, leading to limited competition and often strategic behavior amongst competitors.
Interdependence
A situation in which the outcome or payoff for each participant depends on the actions of others, commonly found in competitive and cooperative environments.
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