Description
The course introduces learners to an increasingly popular and meaningful theory of the business enterprise as one category within an integrated system that includes: a) economical, b) educatonal, c) environmental, d) governmental, e) psychological, and f) sociological components. Previously, businesses focused, almost exclusively, on value and supply chains as a means of extending their roles and responsibilities beyond the boardroom and shareholders. However, with globalization, increasing populations, the rise of developing economies, the reduction in natural resources and even terrorism, it simply cannot be business as usual. Learners are challenged to consider the benefits and hazards of product development, plant locations, employee needs, and business as a multi-faceted entity. Like natural ecosystems , business systems change over the course of time and these changes are influenced by external and internal forces, some controllable, others not.Prerequisites: None.