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Skillbuilder 1 m2.docx - Question#1 This is an MBA course...

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Question #1 : This is an MBA course – a Masters level course about business. This  question asks you to define business. Based on (1) your personal  life experience, (2) personal business experience, (3) your formal and informal education, and (4) the videos and materials assigned this week. What is business and why does it exist? Why do people participate in business (engage in commerce, transactions, exchange)? This is NOT a question looking for you to provide a “right or wrong” answer (or copy a definition via a Google search), but  rather an opportunity for you to reflect on what you (and others) think about business.  Before we can have a conversatio n about strategic management, we need to discuss the context in which strategic management exists: BUSINESS. Question #2 : What are the five most pressing issues facing businesses in America today; and what can be done to prevent, resolve, or lessen the impact of these issues on individual companies? Again, this is NOT a question looking for you to provide a “right or wrong”  answer, but rather an opportunity for you to reflect on what you (and others) think about  business in general, and about the "things"  individual businesses face every day. This is an
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