Business and Society Short Essay answers

  

1. On history, society, and the origins, the evolution, and the context of business

This is a graded discussion forum set up for discussing the historical, economic, and social context of business. Note that the very idea of business, especially the notion of a for-profit business that is operated to benefit its stakeholders, is a rather recent phenomenon in human history.

2. On business, capitalism, competition, creative destruction, innovation, and economic growth

Modern day capitalism has its roots in the industrial revolution of the late 18th and early 19th centuries. The innovations of the industrial revolution were spurred by a profit motive and by capitalistic competition. Capitalists looking out for their own best interests were constantly seeking to find and implement new ideas that would give them an advantage over their competitors. Note that the very idea of business, especially the notion of a for-profit business that is operated to benefit its stakeholders, is a rather recent phenomenon in human history.

3. Business, society, and the coronavirus. 

Based on the unique circumstances that we are facing due to the corona virus at this time, this discussion board will focus on business, society, and the coronavirus. There are a lot of different issues to consider here, but here are a couple of links, for some readings on the issues for us to consider as we start the discussion: 

CDC Guidance for Businesses and Employers on the Coronavirus

Wikipedia Overview of the Coronavirus Pandemic