BUS 212 Chapter 2: Understanding Economics and How it Affects Business
28 Jun 2018
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Looking at what competition brings to businesses and the various aspects of maintaining the
business, communities benefit from all competition. With an example given by Nickels, McHugh
& McHugh (2016), farmers adjust their plan of action depending on the level of wealth desired.
Applying this to competition that benefits public functions, advanced technologies has impacted
education in a short amount of time. Increasing ideas to implement electronic learning to all ages
of education has companies innovating systems to be more compatible and user friendly. With
devices in the market targeting education, knowledge of the material has a broader stage for
students to retain the information with easier access.
References
Nickels, W., McHugh, J., McHugh, S.. (2016). Understanding Business. (11th ed). McGraw-Hill
Education.
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Looking at what competition brings to businesses and the various aspects of maintaining the business, communities benefit from all competition. & mchugh (2016), farmers adjust their plan of action depending on the level of wealth desired. Applying this to competition that benefits public functions, advanced technologies has impacted education in a short amount of time. Increasing ideas to implement electronic learning to all ages of education has companies innovating systems to be more compatible and user friendly. With devices in the market targeting education, knowledge of the material has a broader stage for students to retain the information with easier access.
