https://padlet.com/cmeder0428/6heqbsqmohy0 Made with a lightning strike of genius en-us 2017-10-02 16:50:58 UTC 2017-10-03 16:23:36 UTC hello@padlet.com cmeder0428 https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193509053 The gross domestic product (GDP) of a country cannot increase unless there are enough people to provide the necessary labor and to purchase the goods and services produced. Population statistics enable businesses to plan how much and what kinds of goods and services to offer. However, the GDP of a country must grow at a faster rate than its population in order to improve living standards. Both the size and the characteristics of the population are important in business planning. Information about the size and characteristics of the American population can be found at the Web site of the U.S. Census Bureau,
www.census.gov.]]> 2017-10-03 16:01:16 UTC https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193509053 cmeder0428 https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193510346 The population of the United States has grown steadily over the years, as shown in Figure 2-1. The growth rate is largely determined by the birth rate, the death rate, and the level of immigration into the country. Generally, as the standard of living increases, the birth rate falls, and this has been the case in the United States. At the same time, because of better health care and an improved public health system, people are living much longer. Much of the population increase takes place through immigration. The United States annually accepts more legal immigrants than any other country in the world, with large numbers coming from Asian and Latin American nations. Many immigrants also enter the country illegally to seek a better life.]]> 2017-10-03 16:03:43 UTC https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193510346 cmeder0428 https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193518984 Given the fast pace of change in the world today, society and business will face different issues in the future. Although it is difficult to predict the future, current trends provide hints of what may be in store in the years to come. Various economic and social data provide an in-depth picture of changes occurring in American society. The racial and ethnic mix of the labor force will continue to change.]]> 2017-10-03 16:18:02 UTC https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193518984 cmeder0428 https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193519789 A collection of principles and rules that define right and wrong conduct for an organization is called business ethics. Any action that does not conform to these moral principles is unethical behavior. Not all firms have the same rules of ethical conduct, however. Notions of right and wrong vary from manager to manager, business to business, and country to country. Generally, moral conduct that is favorable to the largest number of people is considered ethically desirable. The business scandals at companies such as Tyco International, Enron, and MCI have placed considerable importance on business ethics. This has led some companies to hire chief ethics officers. Their job is to ensure that workers are trained in how to comply with a company’s ethics policies. Many businesses have created codes of ethics to guide managers and workers in their behavior. A code of ethics is a for-
mal, published collection of values and rules that reflect the firm’s philosophy and goals. Having such a code removes or reduces opportunities for unethical conduct. ]]> 2017-10-03 16:19:34 UTC https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193519789 cmeder0428 https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193521318 A question often raised is: What is business’s responsibility to help solve society’s problems? The answer is not simple, because the profit motive of a business often collides with what is good for society. Should businesses accept lower profit, for instance, in order to keep jobs in a declining community? In such cases, businesses must decide for themselves what is right and wrong. The primary goal of business is to make a profit for the owners. Businesses cannot survive for long if their owners are not rewarded for their investment.]]> 2017-10-03 16:22:33 UTC https://padlet.com/cmeder0428/6heqbsqmohy0/wish/193521318