Ch01 - >>>>>>>> Chapter 1 The Framework of Contemporary Business L e a r n i n g G o a l s 1 2 3 4 5 6 7 8 Distinguish between

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Unformatted text preview: > > > > > > > > Chapter 1 The Framework of Contemporary Business L e a r n i n g G o a l s 1 2 3 4 5 6 7 8 Distinguish between business and not-for-profit organizations. Identify and describe the factors of production. Describe the private enterprise system, including basic rights and entrepreneurship. Identify the six eras of business, and explain how the relationship era- including alliances, technology, and environmental concerns-influences contemporary business. Explain how today’s business workforce is changing. Describe how the nature of work itself is changing. Identify the skills and attributes managers need to lead businesses in the 21 st century. Outline the characteristics that make a company admired by the business community. F a c t o r s o f P r o d u c t i o n Natural Resources Capital Human Resources Entrepreneurship T h e P r i v a t e E n t e r p r i s e • Capitalism – Adam Smith is the father of capitalism....
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This note was uploaded on 02/08/2010 for the course OLS 284 taught by Professor Staff during the Fall '08 term at Purdue University-West Lafayette.

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Ch01 - >>>>>>>> Chapter 1 The Framework of Contemporary Business L e a r n i n g G o a l s 1 2 3 4 5 6 7 8 Distinguish between

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