Notes - Business- a broad term encompassing a range of...

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Business - a broad term encompassing a range of actions and institutions. -Hamburger stands-giant corps -Manufacturing -Finance -Trade -Service -The economic activities Fundamental Purpose : to satisfy the human needs by creating products and services Government: structures and processes in society that authoritatively make & carry out policies & rules. -local level -state -federal -international Society - a network of human relations that includes 3 interacting elements: Ideas-tangible objects of thoughts Values-enduring beliefs concerning fundamental choices in personal and social life Ideologies- bundles of values that create a certain worldview Institutions-formal patterns of relations that link ppl together to accomplish a goal -rules and procedures determine how they work (legal system) -reflect prevailing ideas in a society(us constitutions) -essential to coordinate the work of individuals who have no personal relationship with each other material things-help shape, and are partly products of, ideas and institutions-ex. Supreme
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This note was uploaded on 05/01/2008 for the course BN 209 taught by Professor Taft during the Spring '08 term at Stetson.

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Notes - Business- a broad term encompassing a range of...

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