"Economics is study of economies. That is, economic is the study of how human beings coordinate their wants and desires, given the institutional structures of the society." (Colander). Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard …
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showed last 75 words of 1036 total
…and P&G being part of the Dow Jones Industrial Average, this is why our learning team picked this global organization. Resources: http://www.pg.com/company/who_we_are/ourhistory_4.jhtml http://www.hoovers.com/free/co/factsheet.xhtml?COID=11211&cm_ven=PAID&cm _cat=OVR&cm_pla=CO1&cm_ite=procter%20gamble Colander, D.C. (2004) Macroeconomics, 5th ed., Burr Ridge, IL: McGraw-Hill/Irwin