DESBRIBE THE ROLE OF BUSINSS IN THE ECONOMY
Everything we do revolves around business in the economy. For example, if the government hadn’t bailed out General Motors and Chrysler there would have been a devastating blow to our economy. Over 1 million Jobs would have been lost. The plant would have closed so all of those people would have been unemployed. Not only them but every company that dealt with the plant would have been affected.

COMPARE AND CONTRAST THE ROLES OF FOR-PROFIT AND NON-PROFIT ORGANIZATIONS IN THE ECONMONY. The main difference between a non-profit and a for-profit organization is that a non-profit has to have a 501C3 and they don’t “need” to earn a profit. 501C3 means you have to have a tax exempt status. They have many similarities. They both have a staff, budget, and offer goods or services. For-profit organizations main goal is to make a profit. Non-profit organizations are more socially driven and have stipulations on what the budget can be spent on.

DISCUSS THE IMPACT OFCURRENT FISCAL AND MONETARY POLICY ON THE ECONOMY. It’s important to have a monetary and fiscal policy. Both of them provide ways to grow the economy. Monetary policies affect the economy by influencing interest rates. Fiscal policies use taxes to help grow the economy.

SELECT A PRODUCT OR SERVICE WITH WHICH YOU ARE FAMILIAR AND OUTLINE A STRATEGY FOR ACCESSING GLOBAL MARKETS. I choose dolls. The best way to market these dolls is the internet, preferable eBay. I would purchase an email list and target a individuals that have young children or collectors of dolls. Another way to market the dolls is to do an old fashion campaign and place ads in children’s magazines or websites.

SELECT AN ORGANIZATION WITH WHICH YOU ARE FAMILEIER AND DISCUSS THE IMPACT OF THAT ORGANIZATIONS LEVEL OF SOCIAL RESPONISIBILTY ON A STAKEHOLDER GROUP OF YOUR CHOICE. I smoked Benson & Hedges for over 20 years. When I first started smoking there were no warnings that cigarettes were dangerous. Lung cancer is the largest percent of cancer. There were no age requirements to purchase them. Phillip Morris Company is one of the largest manufactures in the United States. They are one of the first companies to start putting warning labels on cigarettes and their commercials. They’ve also taken it a step further and have added detailed information about cancer as well as information to quit smoking.