Describe the basic environments (legal, social, economic) in which a business operates.
Explain the importance of an emerging market from a domestic viewpoint.
August 5, 2017Describe problems that exist when a parent organization fails to acknowledge cultural differences at its other global locations.
August 5, 2017Reading Assignment: Introduction to Business 1st Edition, Chapters 1, 2, 3, & 7; Author: (2011) Words of Wisdom, LLC.
Assignment Details: Assignment form to use for this Individual Project in Reading Assignment section of this Phase.
Given the importance of business in an economy, discuss any TWO of the following issues providing examples wherever possible. Format your report so that each section will be clearly identified.
Try to give approximately equal weight to each topic chosen.
- Business can be structured in many different ways and the approach chosen usually reflects the type of business operation. Discuss.
- Ethical principles contribute to good business operations. Discuss
- In the modern world Corporate Social Responsibility is of increasing importance. Why?
- Staring a new business may seem relatively easy but succeeding with a new business is not. Discuss.
- There is little difference between service and manufacturing business. Discuss.
Assignment Objectives: Describe the basic environments (legal, social, economic) in which a business operates.
