Chap 1. Introduction and Business Environment

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    PART ONE: TODAY’S BUSINESS

    ENVIRONMENT

    Chapter One – Starting Out

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    Chapter Learning O!e"ti#e$

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    Bu$ine$$ an, Pr%1t$: The Ba$i$ %2 3ea/th Bu$ine$$ a$ Bene2a"t%r: Pa&%4$ Be&%n,

    M%ne&

    Ri$5- Entrepreneur$hip an, the 6a"t%r$ %2Pr%,u"ti%n: The Creati#e 6ire %2 Bu$ine$$ The Bu$ine$$ En#ir%n7ent: 6%r"e$ that

    En"%urage an, Di$"%urageEntrepreneur$hip

    Se#en 8e& Bu$ine$$ Ru/e$: The 9reatA,#enture %2 Being in Bu$ine$$ in the (*$t Centur&.

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    BUSINESS De1niti%n

    An %rgani"hange 2%r 7%ne&

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    Bu$ine$$ an, Pr%1t$: The Ba$i$ %23ea/th

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    Bu$ine$$ $ee5$ t% 7a5e a pr%1t &$e//ing g%%,$ %r $er#i"e$ t% %ther$.

    6%rPr%1t ? N%npr%1t Organi

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    0%= ,%e$ a Bu$ine$$ Ma5eM%ne&@

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    Se//ing 9%%,$ an, Ser#i"e$  Se//ing – the e>"hange %2 g%%,$ %r $er#i"e$

    2%r an agree, $u7 %2 7%ne&

      9%%,$ – tangi/e pr%,u"t$  Ser#i"e$ – intangi/e pr%,u"t$

      Pr%1t – the a7%unt %2 7%ne& a u$ine$$7a5e$ a2ter pa&ing a// it$ e>pen$e$

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    Bu$ine$$ a$ Bene2a"t%r

      Pa&%4$ Be&%n,M%ne& ua/it& %2 Li2e Rai$ing the

    Stan,ar, %2 Li#ing  Bene1ting S%"iet& Pr%,u"ing 9%%,$

    an, Ser#i"e$ Pr%#i,ing Pa&"he"5$

    an, Bene1t$ Pa&ing Ta>e$ D%nating 6un,$ an,

    9%%,$ t% Charit&

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    C%p&right ' ()*+ Pear$%n E,u"ati%n- In". Pu/i$hing a$ Prenti"e 0a//

    Top 15 most livable countries.1. Norway2. Australia3. New Zealand4. United States5. reland

    !. "iec#tenstein$. Net#erlands%. &anada'. Sweden1(. )ermany11. *apan12. +orea ,-epublic o/

    13. Swit0erland14. rance15. srael

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    3ea/th- Entrepreneur$hip- ?Ri$5

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    0%= ,% pe%p/e 7a5e their 7%ne&@  M%$t %2 the =ea/th& are $e/2e7p/%&e,

    u$ine$$ %=ner$

    Entrepreneur$hip ? Ri$5  Ri$5 i$ ,e1ne, a$ the p%$$ii/it& that the

    %=ner %2 a u$ine$$ 7a& in#e$t ti7e ?7%ne& an, the u$ine$$ 7a& 2ai/

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    6a"t%r$ %2 Pr%,u"ti%n

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     The Bu$ine$$ En#ir%n7ent

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    C%7panie$ %perate =ithin the u$ine$$en#ir%n7ent =hi"h "%n$i$t$ %2 e"%n%7i"-te"hn%/%gi"a/- "%7petiti#e- g/%a/ an,

    $%"ia/ 2%r"e$ that =i// either en"%urage%r ,i$"%urage the ,e#e/%p7ent %2u$ine$$.

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    6%r"e$ in the Bu$ine$$En#ir%n7ent

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    Se#en 8e& Bu$ine$$ Ru/e$ 2%rSu""e$$

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    Se/2De#e/%p7ent Ru/e * Sta5eh%/,er$

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    Se/2De#e/%p7ent Ru/e ( Un"ertaint&

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    S%7e Current C%n,iti%n$ %2 Un"ertaint&  E"%n%7i" Change$

      Spee, %2 In2%r7ati%n

      EC%77er"e  C/i7ate Change

       Terr%ri$7

     

    C%7puter Se"urit&

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    Se/2De#e/%p7ent Ru/e + C%7petiti%n

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    6%ur Area$ %2 the C%7petiti#eEn#ir%n7ent  Being re$p%n$i#e t% "u$t%7er$

      Ma5ing "%ntinua/ i7pr%#e7ent in theua/it& %2 &%ur pr%,u"t %r $er#i"e

      6in,ing =a&$ t% ,e/i#er ne= %r etterpr%,u"t$ %r $er#i"e$

      Stri#ing 2%r e7p/%&ee e"ien"&

    S /2 D / t R / ? F

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    Se/2De#e/%p7ent Ru/e$ ? F –9/%a/i

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    Se/2De#e/%p7ent Ru/e G Di#er$it&

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     Y%u 7u$t /earn t% ,ea/ =ith ,i4erent5in,$ %2 pe%p/e  Rapi,/& "hanging ,e7%graphi"$

      Nee, 2%r ,i#er$it& 2%r u$ine$$ t% thri#e  C%7p/e>it& %2 =%r5ing in a ,i#er$e

    en#ir%n7ent

     The Cha//enge: T% 7a>i7i

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    Se/2De#e/%p7ent Ru/e H

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     T% e $u""e$$2u/ &%u $h%u/, "u/ti#ate the2%//%=ing per$%na/ $5i//$:  Ai/it& t% per2%r7 a $pe"i1" !%

      Ai/it& t% thin5 ana/&ti"a//&  Ai/it& t% intera"t =e// =ith pe%p/e

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    Learning O!e"ti#e$ Su77ar&

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    Bu$ine$$ ? Pr%1t$- The Ba$i$ %2 3ea/th

    Bu$ine$$ a$ Bene2a"t%r: Pa&%4$ e&%n,M%ne&

    Ri$5- Entrepreneur$hip ? the 6a"t%r$ %2Pr%,u"ti%n- The Creati#e 6ire %2 Bu$ine$$

     The Bu$ine$$ En#ir%n7ent: 6%r"e$ thatEn"%urage an, Di$"%urage Entrepreneur$hip

    Se#en 8e& Bu$ine$$ Ru/e$: The 9reatA,#enture %2 eing in Bu$ine$$ in the (*$t Centur&

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    C%p&right ' ()*+ Pear$%n E,u"ati%n- In". Pu/i$hing a$ Prenti"e 0a//1-19