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Build a foundation in the concepts and practices essential for doing business in the United States and abroad. From examining various levels of management and their fiscal responsibility to studying organizations’ economic decision- making processes, you acquire a fundamental understanding of business theories, skills and terms. You also study marketing concepts as they relate to the global marketplace, the competitive environment, the consumer, and the use of technology to promote products and services. By the end of the semester, you know what it takes to be an effective manager, recognize the importance of business ethics and corporate social responsibility, and improve. | American Business Merit Badge Workbook This workbook can help you but you still need to read the merit badge pamphlet. The work space provided for each requirement should be used by the Scout to make notes for discussing the item with his counselor not for providing the full and complete answers. Each Scout must do each requirement. No one may add or subtract from the official requirements found in Boy Scout Requirements Pub. 33216 - SKU 34765 . The requirements were last issued or revised in 2003 This workbook was updated in July 2012. Scout s Name Unit Counselor s Name Counselor s Phone No. http www.USScouts.Org http www.MeritBadge.Org Please submit errors omissions comments or suggestions about this workbook to Workbooks@USScouts.Org Comments or suggestions for changes to the requirements for the merit badge should be sent to Merit.Badge@Scouting.Org 1. Do the following a. Explain four features of the free enterprise system in the United States. Tell its benefits and responsibilities. Feature 1__ Benefits__ Responsibilities Feature 2__ Benefits__ Responsibilities Feature 3__ Benefits__ .
