TAILIEUCHUNG - Lecture Business: A changing world (4/e): Chapter 1 - O.C. Ferrell, Geoffrey Hirt

Chapter 1 - The dynamics of business and economics. After reading this chapter, you will be able to: Define basic concepts such as business, product, and profit; identify the main participants and activities of business and explain why studying business is important; define economics and compare the four types of economic systems; describe the role of supply, demand, and competition in a free-enterprise system; specify why and how the health of the economy is measured. | Chapter One The Dynamics of Business and Economics The Nature of Business To create profits by: Selling products – Cars, food, clothing Providing services – Healthcare, insurance Business vs. Nonprofit Organization Business An individual or organization that tries to earn a profit by providing products that satisfy people’s needs, ex. IBM, Coca-Cola. Nonprofit Organization Provides products, especially services, for some purpose other than profits, ex. The Salvation Army, 4300 American colleges & universities. The Goals of Business For-Profit Sector: PROFIT – the difference between what it costs to make and sell a product and what the customer pays for it. Nonprofit Sector: GOALS – may provide goods or services but not for the purpose of earning profits. The People and Activities of Business People: Owners Employees Customers Other stakeholders: Investors Regulatory Agencies Activities: Management Marketing Finance Management Hiring Issues 32% Salary Location Opportunity for Growth .

• Quản trị kinh doanh
• Changing world
• Organizing business
• Operations management
• Economic systems
• Nature of business
• Study business
• Systems Analysis
• Design in a Changing World
• Information systems
• Systems development
• Systems design
• Types of information systems
• lasting happiness
• How to be Happy
• Changing the World
• happier life
• art of living
• a good life
• philosophy of life
• the art of making people
• Systems development life cycle
• Traditional approach
• Object oriented approach
• Project management
• Management skills
• Information system projects
• Project planning of SDLC
• Analysis phase of SDLC
• Investigating system requirements
• System requirements
• Logical mode
• Modeling systems requirements
• Information system models
• System requirements
• Requirements model
• Object Oriented Views
• IE approaches
• Evaluating alternatives
• Prioritize systems requirements
• Genaral alternatives
• Review recommendation
• Moving to design
• Analysis objectives
• design Objectives
• The traditional approach to design
• Structured model
• Model development process
• Structured design models
• Designing databases
• OO data models
• Database management system
• Relational databases
• Designing the user interface
• System interfaces
• OO approach
• User interfaces
• Program development
• Framework development
• Source Code Control
• Software testing
• Business ethics
• Social responsibility
• International business
• Comparative advantage
• Managing information technology
• Management information systems
• The articles of incorporation
• Options for organizing business
• Small business
• Small business ownership
• Organizational objectives
• The nature of management
• Functional departmentalization
• Formal communication
• Transformation process
• Motivating the workforce
• Motivation process
• Managing human resources
• Job analysis