Risks and Making Profits

Taking risks and making profits within the dynamic business environment

1-4 Describe the effects on technology on business.
1-5 Demonstrate how business can meet and beat competition.
1-6 Analyze the social changes affecting businesses.
1-7 Identify what businesses must do to meet global challenges, including war and terrorism.
1-8 Review how past trends are being repeated in the present and what those trends mean for tomorrow's college graduates.

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...ervices, creating high-quality products, achieving customer satisfaction, and other ways.

1-6 Some prominent social changes affecting businesses today include the impact and presence of globalization and multiculturalism. More worker diversity is evident in the form of racial and ethnic minorities, LGBT workers, females, seniors, people with disabilities, and so forth. Population shifts have caused both pros and cons: offering new job ...