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Showing posts with the label economics

DD: Business Environment

Crossposted from Ditzy Derivatives here . Business:  An organized activity to achieve certain predetermined goals. Predetermined  goals of business  can include:   Making profit Important position in society Supply of goods and services Creation of job opportunities Offering better quality of life Contributing to the economic growth of society Change is an important part of business, and the  success of every business depends on adaptation . Specific and general forces  affect enterprises - the former (investors, customers, competitors) affect the day to day functioning of enterprises, whereas the latter (sociopolitical conditions, laws) are common to all enterprises and are probably indirect in nature. First mover advantage:  early recognition of opportunities  Threat identification:  corrective and improvement measures to survive competition. Adaptability : coping with rapid changes caused by the dynamic natur...

Humanity, and Striving Towards a Lack Thereof

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Photo by  Stephen Leonardi  on  Unsplash “We are not reliable.” A friend of mine recently exploded in indignation and fury, pointing out that despite high levels of intelligence, sometimes there were those of us who could be brought down by a bout of depression at any time. She felt that judging us on the basis of the good work we did when we were able was unfair, that expecting us to continue that level of work at all times was unfair. “We need to stop placing pressure on everyone to be productive, regardless of their health and social situation.” – A heavily paraphrased, anonymous quote I remember seeing online. That is an essential expectation of our capitalistic system – that everyone earn their own keep. That one is only entitled to what one ‘earns.’ Of course, this concept grows problematic the more one stares at it, regardless of which social class is under scrutiny. When taken as a whole, it is easily noted that each class above benefits, in ...