Chpt 1 - > > >...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

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 todays 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 or capitalism Economic system determines business ownership, profits and resources Rewards firms for their ability to serve the needs...
View Full Document

Page1 / 19

Chpt 1 - > > >...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online