BUS 508, Week 2, Chapter 3: Economic Challenges Facing Contemporary Business

Slide #

Topic

Narration

1

Introduction

Welcome to The Business Enterprise.

In this lesson, we will discuss the Economic Challenges Facing Contemporary Business.

Please go to the next slide.

2

Objectives

Upon completion of this lesson, you will be able to:

Analyze the factors that drive supply and demand, different types of market structures in a free enterprise system, and factor of stability in a nation's economy.

And formulate competitive market entry strategies based on analysis of global markets.

In order to achieve these objectives, the following supporting topics will be covered:

Microeconomics versus macroeconomics;

Forces of supply and demand;

Macroeconomics;

Capitalism;

Socialism and communism;...