Final answer:
The type of market prevalent in Oman is an oligopoly. Discrimination in business can hinder progress and innovation. Ethics play a role in controlling environmental pollution and workplace pollution can include factors such as chemical spills and harmful emissions.
Step-by-step explanation:
Type of Market prevalent in Oman
The type of market prevalent in Oman is an oligopoly. In an oligopoly, a few large companies dominate the market and compete with each other. These companies have significant control over prices, and their actions can greatly impact the market.
Examples of companies in the Omani oligopoly market include Omantel in the telecommunications industry and Oman Air in the airline industry. These companies have a significant market share and compete with each other for customers.
Discrimination in Business
Discrimination can greatly affect progress in business. For example, if a qualified employee is not hired for a job because of their gender or ethnicity, it limits the talent pool and may result in the company missing out on diverse perspectives and ideas. This can hinder innovation and growth.
Ethics in Controlling Environmental Pollution
Ethics play an important role in controlling environmental pollution as they guide businesses and individuals to make responsible decisions. For example, a company that prioritizes ethical practices will not engage in activities that harm the environment, such as illegal dumping or excessive emissions.
Workplace pollution can include factors such as chemical spills, improper waste disposal, and harmful emissions. For example, a factory that releases toxic chemicals into the air without proper filtration systems can cause harm to both employees and the surrounding environment.