The primary goal and motivating force for business is profit. ... In discussing social responsibility, Friedman summarises his views in his book, Capitalism and Freedom: "[In a free society ] there is one and only one social responsibility of business - to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud." ... Under this approach, any taxation for reasons other than policing the free market would be considered to be an unethical inter...

• Word Count: 2501
• Approx Pages: 10
• Grade Level: Undergraduate

The following business report is in reference to a global company I have studied. ... It will identify the influences on this business in the global market, and explain the strategies used by the business and its branch office managers to achieve its markets. ... This can become difficult if the domestic market:  becomes saturated  has stopped expanding due to a low population growth rate  is dominated by a competitor  is experiencing an economic downturn  is being flooded by foreign-made products Such conditions often result in a search for n...

• Word Count: 1675
• Approx Pages: 7
• Grade Level: Undergraduate

Indicate your understanding of the concept of globalisation and discuss fully its implications for Caribbean business development. ... The prospects of increased profitability in the home market are improved while there are greater opportunities to counter falling demand in one area by increasing demand in others. ... The decline in the barriers to the free flow of goods, services and capital is also a driving force behind the globalisation process. ...

• Word Count: 673
• Approx Pages: 3
• Grade Level: Undergraduate

It has maintained its reputation and increased its business at the same time. ... They are now free to order as they need, twenty-four hours per day, seven days per week. ... As they developed this service, their reputation and business grew. ... They seem to have a firm grasp on what IT can do to create business. Some possible things FedEx could do would be to continue with its consumer home delivery service. ...

• Word Count: 614
• Approx Pages: 2

Most liberals are enthusiastic about the economics of the free market. ... Allowing free trade sends price signals that encourage people to work at what they are best at, a strategy that benefits everyone over the long term. ... When workers in Europe or the US ask for higher wages employers can easily threaten to move production somewhere cheaper, arguing that growing competition produced by free trade will drive them out of business. ... Furthermore, governments need business, and business's tax revenues to provide their citizens with expected services. ... Liberals argue that governmen...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

Starting with fictional unemployment, this occurs from the time delays of finding new employment in a free market (http://www.economicshelp.org/blog/glossary/frictional-unemployment/). ... In 2008, millions of construction workers lost their jobs because the housing crisis caused stopped construction of new homes. ... It can create trouble at home, increasing the number of divorces. ... Small businesses can grow and help a country thrive. ... Taxes should be reduced on any new businesses. ...

• Word Count: 1235
• Approx Pages: 5
• Grade Level: High School

It is a business in which owner and players attempt to coincide. It is a business where TV controls fan interest. ... Economics are present everywhere, from a shopping mall to a successful business. ... Sport is a business, which relies heavily on the involvement from society, and business within to be successful. ... For example, in business metaphors involving play are used extensively. ...

• Word Count: 5027
• Approx Pages: 20
• Grade Level: High School

Camp rules also said that they had to send $25 home to their parents each month. Besides the free food, clothing and shelter given to these men which would help them live comfortably, this relief effort most importantly helped provide a source of income for these employed men as well as their family back home. 250 000 young Americans had served in the CC by August 1933 and by 1938 2 million men had served in the CCC. ... The policy, however, failed to consider the response of business owners towards such an act. ... In turn, the industries' business would also be negatively affected and b...

• Word Count: 1080
• Approx Pages: 4
• Grade Level: Undergraduate

Home to the Amazon rain forest, Brazil is full of natural resources and agricultural land. ... Cardoso's first order of business was to address the obstacles Brazil faced with putting together a successful strategy. Due to high tariff barriers, limits on free trade, there was little Foreign Direct Investment in the country. Cardoso knew that without free enterprise and a stable inflation rate, Brazil would never be able to significantly better the economy. ... The country offers many intangibles such as cheap work force, natural resources, new free trade, etc. ...

• Word Count: 1759
• Approx Pages: 7

The financial and business sections of broadsheet newspapers are continuously littered with issues concerning globalisation and meetings are frequently held by the superpowers to discuss the state of the global economy, such as the meetings in Doha in Qatar, Cancun in Mexico and the IMF summit in Dubai. ... This understanding of globalisation fits into the set of literature referred to as the ' first wave' and is associated with US truimphalists and business schools theorists. ... According to this view, it makes little sense for America to produce textiles at home when they can be p...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

Small sum loans are expected to be provided to those workers to start their new businesses, and they will be proved with the retraining and related services free of charge. ... Blocked by their mental attitude, they end up staying at home, feeling useless. ...

• Word Count: 991
• Approx Pages: 4

In the modern competitive business environment, market players are always trying to identify ways that can help them increase their returns. ... When companies merely boost the existing commodities to meet client's demand, the resulting novel item may not have a recognizable implication on the organizational business processes or profiles. In other cases, nevertheless, firms enter fresh business lines, expand into novel distribution channels or extend into fresh markets. ... New home equity commodities may permit consumers to lock in section of their non-fixed –rate line of credit a...

• Word Count: 9702
• Approx Pages: 39
• Grade Level: Undergraduate

Chapter 25: Transition to Modern America (the 1920s) Introduction Mass Production: the result was the creation of a New America, on e in which individualism was sacrificed to conformity as a part of the price to be paid for a new era of abundance. The 1920s, often seen as a time of escape and...

• Word Count: 2034
• Approx Pages: 8

They have done this by using their money to create toll-free highways, fighting for worker's rights, deflate the public deficit, and increase wages. ... However, because of the Spanish economy lacking sufficient raw materials, technology, and size for developing businesses large enough to be competitive and capable of making a good enough amount of capital to import the necessary things for growth, the plan ultimately failed. ... The Stabilization Plan was made up of the entry of capital into Spain through tourism, foreign investment, and remittances sent home by Spanish workers who emigr...

• Word Count: 2349
• Approx Pages: 9
• Grade Level: Undergraduate

Whatever the specific components of this better life, development in all societies must have at least the following objectives. 1- To increase the availability and widen the distribution of basic life-sustaining goods such as food, shelter, health and protection. 2- To raise levels of living including in addition to higher incomes, the provision of more jobs, better education and greater attention to cultural and humanistic values, all of which will serve not only to enhance material well-being but also to generate greater individual and national self-esteem. 3- To expand the range of econ...

• Word Count: 2277
• Approx Pages: 9
• Grade Level: Undergraduate