Assignment: Business and Society Essay
I. On history, society, and the origins, the evolution, and the context of business
This is a graded discussion forum set up for discussing the historical, economic, and social context of business. Note that the very idea of business, especially the notion of a for-profit business that is operated to benefit its stakeholders, is a rather recent phenomenon in human history.
II. On business, capitalism, competition, creative destruction, innovation, and economic growth
Modern day capitalism has its roots in the industrial revolution of the late 18th and early 19th centuries. The innovations of the industrial revolution were spurred by a profit motive and by capitalistic competition. Capitalists looking out for their own best interests were constantly seeking to find and implement new ideas that would give them an advantage over their competitors. Note that the very idea of business, especially the notion of a for-profit business that is operated to benefit its stakeholders, is a rather recent phenomenon in human history.
III. Business, society, and the coronavirus.
Based on the unique circumstances that we are facing due to the corona virus at this time, this discussion board will focus on business, society, and the coronavirus. There are a lot of different issues to consider here, but here are a couple of links, for some readings on the issues for us to consider as we start the discussion:
CDC Guidance for Businesses and Employers on the Coronavirus.
Format your assignment according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.