Introduction to Business - Posted

Introduction to Business Posted

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Unformatted text preview: here in the United How States? States? – http:// www.census.gov/population/www/popclockus.html How many people are there in the World? – http://www.census.gov/ipc/www/popclockworld.html What is the largest country currently? China = 1.3 billion What will the largest country be in 2020? India ~ 1.4 billion Want to know more? Ask the CIA. – https:// www.cia.gov/cia/publications/factbook/index.html The Aging of America The 40.0 Median Age 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 1900 Source: Census Bureau 1920 1940 1960 1980 2000 % U.S. Population by Age U.S. 80% 70% 60% 50% Under 15 15-64 65+ 40% 30% 20% 10% 0% Source: Census Bureau 1920 1940 1960 1980 2000 The Changing Business Environment Environment But that is just the U.S. But We need a broader perspective. We The business world we live and compete in is The changing at a rapid pace. changing The world we live in is getting smaller. Recognize and embrace a broader world view Differences in languages Differences in culture, religion, attitudes Differences in political, legal and ethical environments Differences in economic environments – Exchange rates, currency conversions – Restrictions with respect to trade (tariffs, taxes, quotas)...
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This document was uploaded on 11/01/2011 for the course BUS 101 at Miami University.

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