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In the Structure-Conduct-Performance Model, the Term "Structure" Refers to Industry

question 15

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In the structure-conduct-performance model, the term "structure" refers to industry structure, which can be measured by such factors as the number of competitors in an industry.


Definitions:

Motivated Blindness

The tendency of individuals to overlook unethical behavior when it is in their interest to remain ignorant.

Indirect Blindness

Describes the tendency of individuals to overlook the unethical behavior of others when it's carried out through third parties.

Immoral Imagination

The capacity to envision or concoct actions and scenarios that are ethically questionable or clearly violate societal norms and ethical standards.

Moral Imagination

The ability to ethically envision the full range of possible actions in a particular situation.

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