bcor outline

bcor outline - BCOR1010 Fall 08 PART ONE: THE CONTEXT OF...

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BCOR1010 – Fall 08 PART ONE: THE CONTEXT OF MODERN BUSINESS A . The Economic Environment 1. The Role of Profit 2. Factors of Production 3. The World’s Economic Systems 4. The Market Economy a. The Laws of Supply and Demand b. Imperfect Competition c. Macro Measures of Economic Health PART ONE: THE CONTEXT OF MODERN BUSINESS . The Economic Environment 1. The Role of Profit 2. Factors of Production 3. The World’s Economic Systems 4. The Market Economy a. The Laws Of Supply and Demand b. Imperfect Competition c. Macro Measures of Economic Health B. The Role of Government BCOR1010
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1. Channeling Markets Along Competitive Line 2. Equality vs. Efficiency 3. PART ONE: THE CONTEXT OF BUSINESS CONT’D A. THE ECONOMIC ENVIRONMENT B. THE ROLE OF GOVERNMENT C. CORPORATE SOCIAL RESPONSIBILITY (CSR) 1. TAKING ACCOUNT OF STAKEHOLDERS’ INTERESTS DEFINING CSR GOOD BUSINESS: ENLIGHTENED SELF-INTEREST STAKEHOLDERS 2. ETHICS AND THE INDIVIDUAL BCOR1010
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In a 2002 article in Fast Company, “Five Half Truths of Business,” CEOs of the 200 largest companies in the US viewed their responsibility as: Balancing the shareholder’s expectations of maximum return against other priorities is one of the fundamental problems confronting corporate management. The shareholder must receive a good return, but the legitimate concerns of other constituents (customers, employees, communities, suppliers, and society, at large) also must have appropriate attention. From an editorial in the New York Times by Thomas Freidman on the subject of
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This note was uploaded on 11/02/2008 for the course BCOR 1010 taught by Professor Latier,jef during the Fall '07 term at Colorado.

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bcor outline - BCOR1010 Fall 08 PART ONE: THE CONTEXT OF...

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