The Business Environment s
BUS100

Abstract

This paper covers varies aspects of business and the effect it has on our economy. Inside I will cover the role of business in the economy and I will also educate you on some of the differences and similarities of a for-profit and a non-profit organization. I will also cover the impact of our current fiscal and monetary policies on our economy. The final part of the paper will give you an idea of how I would expose a product to global markets and the impact of social responsibility on a stakeholder group. The Business Environment
Introduction
In today’s business environment a new era has dawned upon us. A business can be open almost anywhere as long as it follow the rules and regulation. A business environment depends upon the enterprise operating within the framework of the competitive market economy. Therefore globalization and society as a whole has presented opportunities that has arisen in recent years to change the business environment. There was a time when we iron our own cloths, now there are drycleaners on every corner, advertising for our business. People are eating out at fast food restaurants instead of cooking at home. These complex structures are known as a business.
These small functioning businesses play a vital role in our economy. A successful business, large or small can increase the economic growth of a community or country. An unsuccessful business, large or small can disrupt a community or country. “An increasing number of previously poor countries have achieved sustained rates of growth in material standards of living that were either rare or unprecedented anywhere in earlier history” (Henderson 2004)
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