Business and Its Role in Society

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Running head: Business and its role in Society Hoppis, R

Running head: Business and its role in Society

Homework ES

Rita Hoppis

Devry University Online

Author Note

This paper was prepared for BUSN 115, online, taught by Professor Williams.

Business and its role in Society 1


In the world of business and its role in society there are many factors we look at. When we break it down business is the activity that provides goods and services, and how these activities are distributed among the players is according to what economic system is in place. The business environment is shaped by factors that influence the length a business will have success or will have to close its doors. Courtesy of Mr. Williams here is a visual of the four influences that shape our business environment and a farmer view of our economic system.

(Four Influences that shape our business environment, 2011, p.1) (A Farmers view of the Economic System, 2011, p. 1) [pic] [pic]

This paper is a home work assignment that will show my understanding of the questions asked upon the test and the relevance of my answers to the questions.

Business and its role in Society 2

When a hurricane or flood or a pandemic strikes a country, which is most likely to respond first? Our government would run to our rescue to calm the citizens. Then the command economy will distribute all the jobs to be done to the...